Regulatory News:
Veolia (Paris:VIE), through its subsidiary Veolia ES UK Ltd UK's leading resource management company, has signed a major new recycling and waste services contract spanning four South London boroughs. The new eight year contract worth over £209 million, with two possible eight year extensions, has seen 330 staff join Veolia from 1 April, when the new contract began.
Starting today (3rd April 2017) Veolia will be responsible for delivering a new-look collection service to households in Sutton, as well as an 'as-is' (no change) collection service in Merton. The new service will be introduced in Merton and Croydon in October 2018 and Kingston in April 2019. Veolia will manage recycling and waste collections, street cleansing, commercial waste, recyclate material sales, winter maintenance and vehicle management for one million residents over the four London boroughs.
Estelle Brachlianoff, Senior Executive Vice President, Veolia UK and Ireland said: "We are delighted to have been awarded the contract with the South London Waste Partnership and to continue working with existing clients in Kingston and Croydon as well as beginning new relationships with Merton and Sutton.
"Through the Partnership, we have the opportunity to harmonise services across the four London boroughs to deliver significant cost savings and high quality, reliable services that will boost sustainability and preserve resources. As winners of Business in the Community's Responsible Business of the Year we look forward to the opportunity to put Veolia at the heart of these communities in South London and to support a more sustainable future for everyone."
The move will see services move from in-house at Merton and Sutton to all being operated by Veolia similar to those already operated in Croydon and Kingston and will help each council achieve cost savings from measures including fortnightly refuse collections, which will help to boost recycling. Residents will be able to recycle a number of materials such as paper, glass, plastic and food waste.
These services will operate alongside the South London Waste Partnership (SLWP) Household Waste and Recycling Centres contract which was awarded to Veolia in July 2015 to manage reuse and recycling of household waste across six sites.
Veolia has been operating in London since 1995 and currently serves around 40% of the population predominantly with recycling and waste services. In 2016, the Group collected around 3 million tonnes of waste from 14 municipal contracts (including Watford) and several commercial contracts operating from four depots. Of this, nearly 1 million tonnes was recycled, composted or turned into energy via an anaerobic digestion process. Veolia operates four waste treatment facilities in London and several Household Waste and Recycling Centres across a total of 31 sites across the region.
Veolia groupis the global leader in optimized resource management. With over 163 000 employees worldwide, the Group designs and provides water, waste and energy management solutions that contribute to the sustainable development of communities and industries. Through its three complementary business activities, Veolia helps to develop access to resources, preserve available resources, and to replenish them.
In 2016, the Veolia group supplied 100 million people with drinking water and 61 million people with wastewater service, produced 54 million megawatt hours of energy and converted 30 million metric tons of waste into new materials and energy. Veolia Environnement (listed on Paris Euronext: VIE) recorded consolidated revenue of €24.39 billion in 2016. www.veolia.com
About Veolia UK
Veolia is committed to protecting the environment and improving the lives of the communities in which it operates. Veolia has been awarded two of the UK's most prestigious business accolades for its role as an environmental and social sustainability leader. It was recognised in 2016 as Business in the Community's Responsible Business of the Year, and in 2014 it was awarded the Queen's Award for Enterprise in Sustainable Development. For more information visit us at www.veolia.co.uk or follow us on Twitter at www.twitter.com/VeoliaUK.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170402005091/en/
Contacts:
Veolia UK Ireland Media Relations
Caroline Cole,+ 44 (0)20 7812 5038
caroline.cole@veolia.com
or
Veolia Group Media Relations
Laurent Obadia Sandrine Guendoul
Stéphane Galfré Marie Bouvet
Tel.+ 33 1 85 57 42 16
sandrine.guendoul@veolia.com
or
Analysts & Investor Relations
Ronald Wasylec Ariane de Lamaze
Tel. 01 85 57 84 76 84 80
or
Terri Anne Powers (USA)
Tel. +1 630 218 1627