Solvay

Solvay's reported carbon emissions

Solvay, a chemicals company headquartered in Belgium, reported a total of approximately 14.5 billion kg CO2e in Scope 1 and 2 emissions for 2017. For 2018, the company's total emissions were approximately 46.5 billion kg CO2e, encompassing Scope 1 (approximately 10.4 billion kg CO2e), Scope 2 (approximately 1.9 billion kg CO2e), and Scope 3 (approximately 34.2 billion kg CO2e). In 2019, Solvay's total emissions stood at approximately 44.6 billion kg CO2e, with Scope 1 at around 10.6 billion kg CO2e, Scope 2 at approximately 1.4 billion kg CO2e, and Scope 3 at approximately 32.6 billion kg CO2e. Moving to 2020, Solvay's total emissions were approximately 38.9 billion kg CO2e, comprising Scope 1 at approximately 8.9 billion kg CO2e, Scope 2 at approximately 1.2 billion kg CO2e, and Scope 3 at approximately 28.8 billion kg CO2e. In 2021, the company reported approximately 13.2 billion kg CO2e for Scope 3 emissions and approximately 9.1 billion kg CO2e for Scope 1 and 2 combined. For 2022, Solvay reported total emissions of approximately 24 billion kg CO2e, with Scope 1 at approximately 7.8 billion kg CO2e, Scope 2 at approximately 850 million kg CO2e, and Scope 3 at approximately 15.5 billion kg CO2e. In 2023, Solvay's total emissions were approximately 7.3 billion kg CO2e for Scope 1 and 2, and Scope 3 emissions were approximately 12.7 billion kg CO2e. This included Scope 1 emissions of approximately 7.07 billion kg CO2e and Scope 2 emissions of approximately 737 million kg CO2e. Looking at more recent data, Solvay reported approximately 6.4 billion kg CO2e for Scope 1 and 2 emissions in 2025, and approximately 11.5 billion kg CO2e for Scope 3 emissions in the same year. For 2024, the company reported approximately 7.6 billion kg CO2e for Scope 1 and 2 emissions and approximately 12.1 billion kg CO2e for Scope 3 emissions. Solvay has established significant climate commitments. The company aims to reduce its Scope 1 and 2 greenhouse gas emissions by 30% by 2030, compared to a 2021 baseline. They also have a target to reduce absolute Scope 1 and 2 GHG emissions by 31% by 2030 from a 2018 base year, with their targets validated by SBTi. Furthermore, Solvay has committed to reducing absolute Scope 3 GHG emissions by 24% by 2030 from a 2018 base year, specifically focusing on 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. The company also has long-term ambitions, including carbon neutrality by 2040 for all businesses except Soda Ash, which is targeted for carbon neutrality by 2050. Solvay confirms its commitment to achieving carbon neutrality for Scope 1 and 2 emissions by 2050. Their Scope 1 and 2 targets are in line with a "well below 2°C" trajectory.