SOL Group
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.
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 Research Services 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 36 is higher than 65% 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 2023, SOL Group reported total carbon emissions of approximately 1,400,000,000 kg CO2e, with significant contributions from Scope 3 emissions, particularly from the use of sold products (about 1,453,000,000 kg CO2e) and purchased goods and services (approximately 796,000,000 kg CO2e). The company's Scope 1 emissions were about 61,339,000 kg CO2e, while Scope 2 emissions totalled approximately 285,230,000 kg CO2e. Comparatively, in 2022, SOL Group's emissions were approximately 1,300,000,000 kg CO2e, with Scope 1 emissions at about 60,040,000 kg CO2e and Scope 2 emissions around 278,650,000 kg CO2e. The Scope 3 emissions for that year also reflected significant figures, including approximately 1,089,618,000 kg CO2e from the use of sold products. Despite the substantial emissions, there are currently no publicly disclosed reduction targets or initiatives from SOL Group, such as those aligned with the Science Based Targets initiative (SBTi). The absence of specific climate pledges indicates a potential area for improvement in their sustainability strategy. Overall, SOL Group's emissions data highlights the need for enhanced climate commitments to address their carbon footprint effectively.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 229,406,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 not participating in any of the initiatives that 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.
