Suez (company, 2015)

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Suez S.A.

Company type	Société Anonyme
ISIN	FR0010613471
Industry	Utilities
Predecessor	Gaz de France Suez
Founded	22 July 2008
Headquarters	Tour CB21, La Défense , France
Key people	Sabrina Soussan (Chairman and CEO)
Products	Water management, waste management
Revenue	€9 billion (2022)
Number of employees	40,000 (2022)
Website	Global Website

Suez SA (formerly Suez Environnement) is a French-based utility company which operates largely in the water and waste management sectors. The company has its head office in La Défense, Paris.^[1] In 2015, all the group's brands became SUEZ.^[2]

Formerly an operating division of Suez, the company was spun out as a stand-alone entity as part of the merger to form GDF Suez (now Engie) on 22 July 2008.^[3] Engie remained the largest shareholder of the company with a 35% stake.^[3] On the stock market, Suez Environnement's share jumped 40% in value on its first day.^[4]

In April 2014, Suez Environnement signed 3 major water treatment contracts in India worth 61 million euros.^[5] In July 2015, the group Suez Environnement simplified its name to become Suez, after the group GDF-Suez changed its name to Engie, leaving the name Suez available again.^[6] In September 2015, Suez acquired Sembcorp's 40% stake in the companies' common joint-venture to provide water treatment and waste management in Australia.^[7]

On 1 October 2017 Suez bought the Water & Process Technologies unit from GE Power for 3.4 billion dollars ^[8] and formed a new business unit called Suez Water Technologies & Solutions. Suez shares are listed on the Euronext exchanges in Paris and Brussels.

On 14 May 2019 Bertrand Camus was appointed as chief executive officer of Suez.^[9]

On 1 February 2022 SUEZ began a new chapter in its history with its acquisition by the Consortium of shareholders and the appointment of a new CEO, Sabrina Soussan.

As of 1 August Sabrina Soussan was appointed chairman and CEO of SUEZ.^[10]

Financial results in millions of euros:^[11]

Key figures for the group in 2022:^[12]

• revenue: €9 billion;
• 40,000 employees;
• 68 million people worldwide benefit from drinking water
• more than 37 million people worldwide benefit from sanitation
• 3.7 TWh of energy produced from waste and wastewater
• 4 million tons of CO₂ avoided
• more than 150 researchers dedicated to R&D and innovation
• 9 technical and innovation centers and R&D centers in Europe and Asia

As of 30 March 2023 the executive committee is made up of:^[13]

• Sabrina Soussan, Chairman^[10] and chief executive officer
• Pierre Pauliac, Chief Operating Officer Water, Executive Vice-President
• Yves Rannou, Chief Operating Officer Recycling & Recovery, Executive Vice-President (as of summer 2023)
• Jörg Linsenmaier, Executive Vice-President Engineering & Construction (as of 2 May 2023)
• n.n., Group Chief Financial Officer*, Executive Vice-President (* Florent Duval, Interim CFO)
• Laurent-Guillaume Guerra, Chief Human Resources Officer & Head of Health & Safety, Executive Vice-President
• Frederick Jeske-Schoenhoven, Chief Strategy & Sustainability Officer, Executive Vice-President
• Anne-Sophie Le Lay, Group General Counsel, Executive Vice-President

Breakdown of share capital as of 11 January 2023.

• Official website