Solvay S.A., a leading global player in the chemicals sector, is headquartered in Belgium (BE) and operates extensively across Europe, North America, and Asia. Founded in 1863, Solvay has evolved into a prominent entity in the "Chemicals nec" industry, focusing on advanced materials and specialty chemicals that cater to diverse markets, including automotive, aerospace, and healthcare.
The company is renowned for its innovative solutions, such as high-performance polymers and specialty surfactants, which are distinguished by their sustainability and efficiency. Solvay's commitment to research and development has positioned it as a market leader, achieving significant milestones in eco-friendly practices and product development. With a strong emphasis on circular economy principles, Solvay continues to drive progress in the chemical industry, making it a trusted partner for businesses worldwide.
+40 vs industry average
Solvay’s score of 69 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Chemicals is among the most carbon-intensive industries
Industry performance
The Chemicals industry has reduced its overall emissions by 19% since 2018
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Solvay's reported carbon emissions
Solvay, a chemicals company headquartered in Belgium, has reported its carbon emissions and established significant climate commitments.
In 2025, Solvay reported approximately 11.5 billion kg CO2e of Scope 3 emissions and approximately 6.4 billion kg CO2e for Scope 1 and 2 combined. For 2024, the company reported approximately 12.1 billion kg CO2e for Scope 3 and approximately 7.6 billion kg CO2e for Scope 1 and 2.
Looking at more detailed historical data, in 2023, Solvay's total emissions were approximately 7.3 billion kg CO2e (Scope 1 and 2), with Scope 1 emissions at approximately 7.07 billion kg CO2e and Scope 2 (market-based) at approximately 737 million kg CO2e. Scope 3 emissions in 2023 were substantial, with "purchased goods and services" accounting for approximately 5.24 billion kg CO2e, and "use of sold products" at approximately 2.95 billion kg CO2e. In 2022, total emissions (Scope 1 and 2) were approximately 8.5 billion kg CO2e, with Scope 1 at approximately 7.8 billion kg CO2e and Scope 2 (market-based) at approximately 700 million kg CO2e. Scope 3 emissions for 2022 were approximately 15.5 billion kg CO2e.
Solvay has set ambitious targets for emissions reduction. The company aims to reduce Scope 1 and 2 greenhouse gas emissions by 30% by 2030, compared to a 2021 baseline, aligning its trajectory with a "well below 2°C" temperature increase goal. Furthermore, Solvay has committed to reducing Scope 3 GHG emissions by 24% by 2030. The company's Science Based Targets initiative (SBTi) validated targets include a 31% reduction in absolute Scope 1 and 2 GHG emissions by 2030 from a 2018 base year. They also commit to a 24% reduction in absolute Scope 3 GHG emissions by 2030 from a 2018 base year, specifically for 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.
Solvay also has long-term ambitions to achieve carbon neutrality by 2050 for all its businesses, with the Soda Ash business targeted for carbon neutrality by 2050. More broadly, carbon neutrality by 2050 remains an overarching objective for the group.
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Solvay’s Climate Goals (2030 & 2050)
11 goals2030
30% reduction in all scopes
Reduce Scopes 1 and 2 by 30%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Solvay
Frequently asked questions
Common questions about Solvay’s sustainability data and climate commitments
Data year: 2025
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