Our strategy for the Circular economy enhances waste and production scraps management
- Our strategy
- Areas of investment
Our strategy
As for Circular Economy, the Group aims to build new waste treatment plants to maintain leadership in the sector and to bridge the national infrastructure gap.
The Group also confirms its commitment to reducing waste by investing in the integrated water cycle and recovering renewable heat and industrial waste heat to power district heating.
>7Mton
Total waste treated
@2035
4.0€B
CAPEX from waste treatment
@2035
>2Mton
Material recovery
@2035
~75%
Waste sorting index
@2035
~60%
Renewable heat
@2035
Note
(1) Equivalent electric energy (electric and thermal energy with conversion factor) from Waste-to-Energy plants
Areas of investment
Consolidating our leadership in the waste treatment business
Over 70 waste treatment plants – 62% of which already in operation and 15% under construction – will enable the Group to treat over 7 million tons of urban and industrial waste.
Total waste treated1
Mton
Total waste treated from 2020 to 2035: 2020 (5,1 Mton: 82% urban waste and 18% industrial waste), 2024F (5,5 Mton: 77% urban waste and 23% industrial waste), 2027 (6,1 Mton: 73% urban waste and 27% industrial waste), 2030 (6,3 Mton: 68% urban waste and 32% industrial waste), 2035 (>7 Mton: 63% urban waste and 37% industrial waste).
Total waste treated from 2020 to 2035: 2020 (5,1 Mton: 82% urban waste and 18% industrial waste), 2024F (5,5 Mton: 77% urban waste and 23% industrial waste), 2027 (6,1 Mton: 73% urban waste and 27% industrial waste), 2030 (6,3 Mton: 68% urban waste and 32% industrial waste), 2035 (>7 Mton: 63% urban waste and 37% industrial waste).
4.0€B
CAPEX treatement2
2024-35
~0.7€B
EBITDA treatement2
@2035
Notes
(1) Includes the entire treatment capacity in use
(2) Refers to BU Waste, except for the waste collection cluster
Strengthening our role in the energy recovery business
Energy recovery makes it possible to enhance the non-recoverable fraction of waste: by 2035, the Group commits to treating about 4 million tons of waste through Waste-to-Energy plants, avoiding landfill disposal and producing 2.7 TWh of electricity and 2.2 TWh of heat.
Electricity and heat sold by WtE
TWhe - TWht
1,8€B
CAPEX energy recovery
2024-35
>0.5€B
EBITDA energy recovery
@2035
Recovering material and closing the waste cycle
The Group promotes circular solutions, creating new products from scraps. The goal is to close the waste cycle for over 1 million tons over the total 2 million suitable for material recovery by 2035, producing new products to be placed on the market.
Waste for material recovery
Mton
Waste for material recovery from 2020 to 2035: 2020 (1,0 Mton), 2024F (1,2 Mton), 2027 (1,4 Mton), 2030 (1,7 Mton), 2035 (>2 Mton)
Waste for material recovery from 2020 to 2035: 2020 (1,0 Mton), 2024F (1,2 Mton), 2027 (1,4 Mton), 2030 (1,7 Mton), 2035 (>2 Mton)
1.3€B
CAPEX material recovery
2024-35
>0,1€B
EBITDA material recovery
@2035
Capturing new opportunities in the heat recovery business
The development of district heating remains a key lever for the decarbonization of urban areas. By 2035, the Group’s ambition is to deliver about 4 TWh of heat, 60% of which renewable heat and industrial waste heat.
Heat distributed
TWh
Heat distributed 2020-2035: 2020 (2,8 TWh), 2024F (3,0 TWh), 2035 (about 4 TWh, 60% of which renewable heat and industrial waste heat)
Heat distributed 2020-2035: 2020 (2,8 TWh), 2024F (3,0 TWh), 2035 (about 4 TWh, 60% of which renewable heat and industrial waste heat)
~0.8€B
CAPEX district heating
2024-2035
~0.1€B
EBITDA district heating
@2035
