SOL Group Sustainability Profile
SOL Group, officially known as SOL S.p.A., is a leading player in the industrial gas sector, headquartered in Italy. Established in 1927, the company has expanded its operations across Europe and beyond, providing innovative solutions in the fields of medical gases, industrial gases, and gas-related services. With a strong commitment to quality and safety, SOL Group offers a diverse range of products, including oxygen, nitrogen, and argon, tailored to meet the specific needs of various industries. Their unique approach combines advanced technology with a customer-centric focus, ensuring reliable and efficient service delivery. Recognised for its market leadership, SOL Group has achieved significant milestones, including strategic acquisitions and a robust presence in the healthcare sector. This positions them as a trusted partner in the industrial gas market, dedicated to sustainability and innovation.
DitchCarbon Score
How does SOL Group'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 Construction Work 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
SOL Group's score of 34 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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SOL Group's reported carbon emissions
In 2024, SOL Group reported total carbon emissions of approximately 18,690,000 kg CO2e. This figure includes 2,678,000 kg CO2e from Scope 1 emissions, primarily from mobile combustion, and 894,000 kg CO2e from Scope 2 emissions, with a market-based approach. The majority of their emissions, about 15,118,000 kg CO2e, fall under Scope 3, which encompasses various categories such as purchased goods and services (6,211,000 kg CO2e) and employee commuting (5,474,000 kg CO2e). Comparatively, in 2023, the Group's total emissions were significantly lower at approximately 5,431,880 kg CO2e, with Scope 1 emissions at 1,545,590 kg CO2e and Scope 2 emissions at 170,090 kg CO2e. This indicates a substantial increase in emissions year-on-year, highlighting the need for enhanced climate strategies. Despite the lack of specific reduction targets or initiatives disclosed, SOL Group's commitment to sustainability is evident through their comprehensive emissions reporting across all three scopes. The data is not cascaded from any parent organization, indicating that these figures are independently reported by SOL Group. Overall, SOL Group's emissions data reflects the challenges faced in reducing carbon footprints, particularly in Scope 3 categories, which often represent the largest share of total emissions for many organisations.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,528,510 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 7,315,680 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
How Carbon Intensive is SOL Group's Industry?
How Carbon Intensive is SOL Group's Location?
SOL Group's Scope 3 Categories Breakdown
SOL Group's Scope 3 emissions, which increased by 307% last year and increased by approximately 107% since 2019, 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 41% of Scope 3 emissions.
Top Scope 3 Categories
SOL Group'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.
SOL Group has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
