Solvay SA

Common Name
Solvay
Country
Belgium
Sector
Basic Materials
Industry
Chemicals
Employees
8,669
Ticker
SOLB
Exchange
EURONEXT
Description
Solvay SA is a leading chemical company that operates on a global scale, specializing in the development and commercialization of a diverse array of industrial chemical products. Founded in 1863 and h...

Solvay's Climate Target Data Preview

As of 2024, Solvay has disclosed 6 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 6 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Solvay ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Processing of Sold Products (Cat. 10), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Processing of Sold Products (Cat. 10), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Solvay's Greenhouse Gas Emissions Pathways

As of 2024, Solvay has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does Solvay have a target to reduce the emissions from its operations?

As of 2024, Solvay has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Solvay's most ambitious operational target is to reduce these emissions by 30% by 2030, compared to a baseline of 8,957,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.

As of 2024, Solvay is ahead of schedule on its operational emissions reduction target, having achieved 55.73% of the planned reduction.

Solvay's Operational (Scope 1+2) Emissions Pathway

202120242025203002.5 M5 M7.5 M10 MBaselineCurrent (-17%)Target 2030 (-30%)

Does Solvay have a target to reduce the emissions from its value chain?

As of 2024, Solvay has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 5 out of the 15 Scope 3 categories defined by the GHG Protocol.

Solvay's most ambitious value chain target is to reduce these emissions by 20% by 2030, compared to a baseline of 14,735,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.

As of 2024, Solvay is lagging behind on its value chain emissions reduction target, having achieved 20.9% of the planned reduction.

Solvay's Value Chain (Scope 3) Emissions Pathway

202120242025203004 M8 M12 M16 MCurrent (-4%)Target 2030 (-20%)
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