We have taken into account the analyses made by observers of corporate social responsibility. As a result, in this report we look at new and complex subjects and deal with others in greater depth:

• assessment of all the risks confronting us and presentation of our policies;
• more in-depth coverage of our approach to climate change, a subject of particular importance to us insofar as our environmental services are both affected by it and help combat its effects;
• presentation of our public positions;
• preparation of a road map with our commitments, the objectives we pursue and our progress in achieving those objectives;
• strengthening of our approach to diversity.

Veolia Environnement's selection by sustainable development indexes

Stock market indexes that take ethical, environmental and social criteria into account provide a measure of a company's performance on non-financial criteria.

Quality of communication on social and environmental responsibility

Veolia was placed among the leading companies in several categories for the quality of its social and environmental reporting. The Global Reporters 2006 survey, an international rating of companies produced by Sustainability, the United Nations Environment Program (UNEP) and Standard & Poor's, rated Veolia second in France and 31st in the world, remarking on the quality of its strategic analysis. The room for improvement in dealing with lobbying questions and stakeholder consultation was taken into account in the preparation of this report.

The French center for information on companies, CFIE, ranked Veolia second for the quality of its response to the requirements of France's new economic regulations law.

Lastly, Veolia ranked eighth in the Accountability rating by AccountAbility, the British organization promoting social responsibility, and the consultancy CSR Network.