SOL Group Sustainability Profile
SOL Group, officially known as SOL S.p.A., is a leading player in the industrial gas sector, headquartered in Italy. Established in 1927, the company has expanded its operations across Europe and beyond, providing innovative solutions in the fields of medical gases, industrial gases, and gas-related services. With a strong commitment to quality and safety, SOL Group offers a diverse range of products, including oxygen, nitrogen, and argon, tailored to meet the specific needs of various industries. Their unique approach combines advanced technology with a customer-centric focus, ensuring reliable and efficient service delivery. Recognised for its market leadership, SOL Group has achieved significant milestones, including strategic acquisitions and a robust presence in the healthcare sector. This positions them as a trusted partner in the industrial gas market, dedicated to sustainability and innovation.
DitchCarbon Score
How does SOL Group'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 Construction Work 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
SOL Group's score of 37 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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SOL Group's reported carbon emissions
In 2024, SOL Group reported total carbon emissions of approximately 18.7 million kg CO2e. This figure includes about 2.7 million kg CO2e from Scope 1 emissions, primarily from mobile combustion, and approximately 894,000 kg CO2e from Scope 2 emissions, which are associated with purchased electricity and steam. The majority of their emissions, about 15.1 million kg CO2e, fall under Scope 3, encompassing categories such as employee commuting and purchased goods and services. Comparatively, in 2023, SOL Group's total emissions were approximately 5.4 million kg CO2e, indicating a significant increase in emissions in 2024. The breakdown for 2023 shows about 1.5 million kg CO2e from Scope 1, around 170,000 kg CO2e from Scope 2, and approximately 3.7 million kg CO2e from Scope 3. Despite the increase in emissions, SOL Group has not set specific reduction targets or initiatives as part of their climate commitments. There are no documented SBTi (Science Based Targets initiative) reduction targets or other formal climate pledges reported. The company continues to monitor its emissions across all scopes but has not disclosed any significant reduction initiatives or achievements to date. Overall, SOL Group's emissions data reflects a growing carbon footprint, with a need for strategic climate action to align with global sustainability goals.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,528,510 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 7,315,680 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
How Carbon Intensive is SOL Group's Industry?
How Carbon Intensive is SOL Group's Location?
SOL Group's Scope 3 Categories Breakdown
SOL Group's Scope 3 emissions, which increased by 307% last year and increased by approximately 107% since 2019, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 41% of Scope 3 emissions.
Top Scope 3 Categories
SOL Group's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
SOL Group has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
