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.
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.
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.
Solvay's score of 51 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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, 600,000 kg CO2e from Scope 2, and 14,000,000,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 31% by 2030, using 2018 as the base year. Additionally, Solvay targets a 24% reduction in absolute Scope 3 emissions, which include emissions from purchased goods and services, fuel and energy-related activities, and the end-of-life treatment of sold products, also by 2030. These targets align with the Science Based Targets initiative (SBTi) and are classified as consistent with keeping global warming well below 2°C. Solvay's headquarters is located in Belgium, and it operates within the chemicals sector, demonstrating a commitment to sustainability and climate action.
Access structured emissions data, company-specific emission factors, and source documents
2012 | 2013 | 2014 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 2,600 | 0,000 | 0,000 | 00,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 11,800 | 00,000 | 00,000 | 0,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | 14,400 | 00,000 | 00,000 | 00,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.