Solvay France Sustainability Profile
Solvay France, a subsidiary of the global chemical and advanced materials company Solvay S.A., is headquartered in France and operates extensively across Europe and beyond. Founded in 1863, Solvay has established itself as a leader in the chemical industry, focusing on innovative solutions in sectors such as aerospace, automotive, and healthcare. The company is renowned for its high-performance materials and specialty chemicals, which are designed to enhance sustainability and efficiency in various applications. Solvay's commitment to research and development has led to significant milestones, including advancements in eco-friendly products and processes. With a strong market position, Solvay France is recognised for its contributions to sustainable development and has received numerous accolades for its innovative practices. The company continues to drive progress in the chemical sector, making it a key player in the global market.
DitchCarbon Score
How does Solvay France'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 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.
Industry Benchmark
Solvay France's score of 62 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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As of the latest available data, Solvay France does not report specific carbon emissions figures, indicating a lack of recent emissions data. However, it is important to note that emissions data may be cascaded from its parent company, Solvay SA, which operates under a broader corporate sustainability framework. Solvay France is part of a corporate family that adheres to various climate initiatives, including the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), both of which are managed at the level of Solvay SA. This indicates a commitment to reducing greenhouse gas emissions in alignment with global climate goals, although specific reduction targets for Solvay France have not been disclosed. The company is also involved in initiatives such as RE100 and the Climate Pledge, although specific commitments or targets from these initiatives have not been detailed. The absence of specific emissions data and reduction targets suggests that Solvay France may still be in the process of establishing or reporting its climate commitments. In summary, while Solvay France currently lacks specific emissions data and reduction targets, it is part of a larger corporate structure that is actively engaged in climate initiatives through its parent company, Solvay SA.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 1,400,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 600,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 7,400,000,000 | - | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Solvay France's Industry?
How Carbon Intensive is Solvay France's Location?
Solvay France's Scope 3 Categories Breakdown
Solvay France's Scope 3 emissions, which decreased by 1% last year and decreased by approximately 11% since 2021, 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 50% of Scope 3 emissions.
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Solvay France'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.
Solvay France has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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