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For Immediate Release

Press Release

Corporate Accountability Statement on Veolia/Suez Merger Agreement

WASHINGTON -

Below is a statement from Corporate Accountability Water Director Lauren DeRusha (she/her) on the developing situation:

"After decades of failed water privatization deals that put profit over people, communities around the globefrom Pittsburgh, U.S. and Osorno, Chile; to Gabon and the halls of the United Nations—have soundly rejected the corporate control of water. 

This agreement would not only result in more consolidated corporate control of water by Veolia in Europe, but also leave behind a 'new Suez.' 'New Suez's' apparent focus on water privatization promises many of 'old' Suez's abusive practices in the places it will operate, including many Global South regions. If history is our guide, the results of this merger will undoubtedly be unjust. The best way to make sure all people have access to water, is for peoplenot corporationsto control it.

People will fight every step of the way to not only prevent the consolidated corporate control of water, but also for a future where access to water is guaranteednot bought and sold."

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Corporate Accountability stops transnational corporations from devastating democracy, trampling human rights, and destroying our planet.

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