283 ICM: Can you tell me about Veolia's hazardous waste activities and battery recycling in particular? Jean-François Nogrette: Veolia has been involved in hazardous waste management for 50 years and it's now one of our core and fastest growing activities with important expansions in Europe, Asia and North America. It's the reason why battery recycling is not a brand-new topic for us. We started to work on the recycling of alkaline batteries 30 years ago, to then leverage our knowledge to follow the market evolution, and offer solutions to larger battery packs, coming from electric vehicles. Battery recycling is essential for three main reasons: What are you bringing to this market? Why should customers choose Veolia? Jean-François Nogrette: At Veolia we are working closely with our partners to close the loop in their supply chain, to comply with future regulations and to develop a secure and local procurement of raw materials.