Solvay
Solvay S.A., a global leader in advanced materials and specialty chemicals, is headquartered in Belgium (BE) and operates in over 60 countries. Founded in 1863, the company has evolved significantly, marking key milestones such as its expansion into sustainable solutions and innovative technologies. Solvay's core business areas include performance chemicals, advanced materials, and specialty polymers, which are renowned for their unique properties and applications across various industries, including automotive, aerospace, and healthcare. The company is committed to sustainability, focusing on reducing environmental impact while delivering high-performance products. With a strong market position, Solvay has received numerous accolades for its commitment to innovation and sustainability, solidifying its reputation as a trusted partner in the chemical industry.
DitchCarbon Score
How does Solvay's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Chemicals industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Solvay's score of 49 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Solvay's reported carbon emissions
In 2023, Solvay reported total carbon emissions of approximately 21,300,000,000 kg CO2e, comprising 6,620,000,000 kg CO2e from Scope 1 and 600,000,000 kg CO2e from Scope 2 emissions. The majority of their emissions, about 14,000,000,000 kg CO2e, were classified under Scope 3, which includes emissions from the entire value chain. Solvay has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 31% by 2030, using 2018 as the base year. Additionally, they plan to cut Scope 3 emissions by 24% within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to global efforts to limit temperature rise to well below 2°C. The company's emissions data reflects its ongoing commitment to sustainability and climate action, with a focus on reducing its carbon footprint across all scopes of emissions.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Get Started| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 10,400,000,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 1,900,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 34,200,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Solvay is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
