Solvay

Solvay, a chemicals company headquartered in Belgium, reported total Scope 1 and 2 emissions of approximately 6.4 billion kg CO2e in 2025 and 7.6 billion kg CO2e in 2024. For 2023, the company's Scope 1 emissions were approximately 7.07 billion kg CO2e, and its Scope 2 market-based emissions were about 737 million kg CO2e. In the same year, Solvay's Scope 3 emissions totalled roughly 17.15 billion kg CO2e, with significant contributions from purchased goods and services (5.24 billion kg CO2e), use of sold products (2.95 billion kg CO2e), and end-of-life treatment of sold products (2.66 billion kg CO2e).

Solvay has set ambitious climate commitments, with its near-term Science Based Targets initiative (SBTi) goals validated in early 2023. These targets include an absolute reduction of Scope 1 and 2 GHG emissions by 31% by 2030, using a 2018 base year. The company also commits to reducing absolute Scope 3 GHG emissions from purchased goods and services, fuel and energy-related activities, processing of sold products, use of sold products, and end-of-life treatment of sold products by 24% by 2030, also against a 2018 base year. These targets are consistent with a "well-below 2°C" trajectory.

Long-term, Solvay aims for carbon neutrality across all businesses by 2040, with the exception of its Soda Ash business, which targets carbon neutrality by 2050. The company specifically confirms its commitment to achieve carbon neutrality for Scope 1 and 2 emissions by 2050. Solvay also has a near-term objective to reduce Scope 1 and 2 greenhouse gas emissions by 30% by 2030, compared to a 2021 baseline.