We drive. We change. We take responsibility.

CSR Report 2023

Since our inception in 2019, SULO has implemented a substantial sustainability agenda, benefiting not only our customers but also our employees, suppliers, shareholders, and allstakeholders. Today, SULO stands as an international group with operations spanning most European countries and overseas, and manufacturing facilities in France, Germany, Spain, Sweden and Finland. Our continued success is built upon the unwavering dedication of our 2.300 employees, the support of our shareholders (Latour Capital and BPI-France), and athriving culture rooted in our core values, like customer orientation, innovation, excellence, teamwork, care and trust.

The year 2023 witnessed a surge in demand for our innovative solutions as municipalities and companies strived to meet increasingly stringent recycling and sorting targets, with a particular emphasis on organic waste management. To address these evolving needs, we made strategic acquisitions with MOLOK and INOVIM that significantly enhanced ourcapabilities. We now offer comprehensive drop-off collection solutions accommodating various waste streams, cutting-edge digital solutions to optimize collection efficiency, and innovative pay-as-you-throw schemes designed to encourage waste reduction.

 

Building on our previous successes, we have intensified our focus on circularity. Our commitment to the Science-Based Targets initiative (SBTi) underscores our determinationto set concrete and ambitious carbon reduction targets. Furthermore, we are actively pursuing EcoVadis assessment to ensure exemplary practices throughout our value chain, encompassing both customers and suppliers.

 

In line with our longstanding commitment to employee well-being, we have continued to improve our safety performance, achieving a strong year-on-year reduction in accidents. To further promote an inclusive working environment and safeguard employee rights, we have established a European Works Council.

 

As we move into 2024, SULO is taking significant strides towards an even more comprehensive vision that seamlessly integrates environmental, social, and governance (ESG) considerations. We have bolstered our internal teams to prepare for upcoming regulatory requirements, particularly the European CSRD Directive set to take effect in 2025.

 

Through these initiatives, we continue to be a driving force in the circular economy. Our commitments extend beyond improving our own impact; we actively support our partners and stakeholders in their own transitions towards sustainability. This remains at the core of our priorities.

 

SULO is more committed than ever to the mission of converting today’s waste into tomorrow’s resources. As we look to the future, we remain dedicated to pioneering sustainable wastemanagement solutions that create value for our customers, our communities, and our planet.

"SULO is committed to innovation and responsibility, shaping sustainable waste management and actively driving the transition towards a circular economy."

Jean-Marie Vaissaire
President of the SULO Group