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, solidifying its presence in key markets such as Germany, Spain, and Poland. Specialising in the production and distribution of industrial gases, SOL Group offers a diverse range of products, including oxygen, nitrogen, and argon, tailored for various industries such as healthcare, food and beverage, and metal fabrication. Their commitment to innovation and sustainability sets them apart, as they continually develop cutting-edge solutions to meet evolving customer needs. With a strong market position, SOL Group has achieved notable milestones, including strategic acquisitions and a robust distribution network, ensuring they remain at the forefront of the industrial gas industry.
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.
Mean score of companies in the 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.
SOL Group's score of 32 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, SOL Group reported total carbon emissions of approximately 95,698,000 kg CO2e. This figure includes emissions from Scope 1, Scope 2, and Scope 3 sources. Specifically, Scope 1 emissions were about 2,189,000 kg CO2e, while Scope 2 emissions totalled approximately 6,177,000 kg CO2e. The most significant portion came from Scope 3 emissions, which accounted for about 87,332,000 kg CO2e, with major contributions from purchased goods and services (approximately 51,032,000 kg CO2e) and downstream transportation and distribution (about 20,609,000 kg CO2e). Over the years, SOL Group's Scope 2 emissions have fluctuated, with figures reaching approximately 272,317,000 kg CO2e in 2019 and decreasing to about 252,279,000 kg CO2e in 2020. However, there are no specific reduction targets or initiatives outlined in their climate commitments, indicating a potential area for improvement in their sustainability strategy. Overall, SOL Group's emissions data reflects a significant reliance on Scope 3 emissions, highlighting the importance of addressing supply chain impacts in their climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2016 | 2017 | 2018 | 2019 | 2020 | 2022 | |
---|---|---|---|---|---|---|
Scope 1 | - | - | - | - | - | 0,000,000 |
Scope 2 | 229,406,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000 |
Scope 3 | - | - | - | - | - | 00,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
SOL Group is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.