"Our long-term commitment to this region remains as unwavering as our confidence in the local market remains high," Clark said.
In 2019, Suez announced Shaping Suez 2030, a comprehensive strategic plan to ready the group for the opportunities and challenges of the next decade.
In implementing the global strategic plan, Suez said, it is determined to increase by 50 percent its investment in research and development, innovation and digitalization by 2023. This is to bring more innovative and customized solutions to help China, as well as economies involved in the Belt and Road Initiative, achieve their ambitious environmental goals.
As China accelerates green development, the country has announced the ambitious goal to hit peak carbon dioxide emissions by 2030 and achieve carbon neutrality by 2060.
The goal is in line with Suez's strategic plan and the company's long-term development goal, Clark noted.
"In many parts of the world, governments are actively enforcing policies and putting the necessary frameworks into place, which shows we are on the right track. China is a good case in point, having kick-started a campaign to achieve peak carbon dioxide emissions by 2030 and carbon neutrality by 2060," the executive said.
"At Suez, we have supported both the government and clients to realize the ambitious environmental goals. In China, it is very simple: We are aiming to be the country's best environmental company that outperforms all others in operational excellence, stakeholder relations and sustainable asset management," he said.
"By delivering our innovative and sustainable resource management solutions, we aim to further develop our water and waste management businesses, expand our geographical footprint and strengthen the circular economy, helping to shape a sustainable environment for China," he added.
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