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 GHG Emissions Data Preview

In 2024, Solvay completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Solvay has also provided a category-level breakdown for 13 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Solvay amounted to 8,091,000 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Solvay increased by 2.7%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Solvay's Scope 1 Emissions Over Time

20192020202120222023202403 M6 M9 M12 MtCO2e-16%-2%-10%-9%+2%
  • Total Scope 1
  • Year-over-Year Change

What are Solvay's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Solvay were 7,239,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Solvay reduced its Scope 1 emissions over time?

Since 2019, Solvay's Scope 1 emissions have decreased by 31.64%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Solvay's Scope 1 emissions increased by 2.4%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Solvay's Scope 2 emissions?

In 2024, Solvay reported Scope 2 greenhouse gas (GHG) emissions of 763,000 tCOâ‚‚e using the market-based method, and 852,000 tCOâ‚‚e using the location-based method.

Has Solvay reduced its Scope 2 emissions over time?

Since 2019, Solvay's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 43.2%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2023), Solvay's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Solvay 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Solvay use for Scope 2 reporting?

In 2024, Solvay reported its Scope 2 emissions using the market-based method and using the location-based method.

Solvay's Scope 2 Emissions Over Time

2019202020212022202320240400 k800 k1.2 M1.6 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Solvay's Value Chain Emissions

In 2024, Solvay reported 16,936,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of Solvay includes a breakdown across 13 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Solvay's Scope 3 Emissions Over Time

20192020202120222023202408.5 M17 M25.5 M34 MtCO2e-12%-40%-10%+3%+7%
  • Total Scope 3
  • Year-over-Year Change

What are Solvay's Scope 3 emissions?

In 2024, Solvay reported total Scope 3 emissions of 16,936,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 53.02% of these emissions originated from upstream activities such as purchased goods and capital goods, while 46.98% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Solvay reduced its Scope 3 emissions over time?

Since 2019, Solvay's Scope 3 emissions have decreased by 48.05%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2023), Solvay's Scope 3 emissions remained relatively stable, indicating that Solvay 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Solvay disclose?

In 2024, Solvay reported emissions for 13 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Solvay's Scope 3 emissions?

In 2024, the largest contributors to Solvay's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 5,803,000 tCOâ‚‚e (34.26%)
  • Use of Sold Products (Cat. 11): 3,152,000 tCOâ‚‚e (18.61%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 2,906,000 tCOâ‚‚e (17.16%)

Solvay's Scope 3 Emissions by Categories

End-of-LifeTreatment of SoldProducts (Cat. 12)(17.2%)Use of Sold Products(Cat. 11)(18.6%)Purchased Goods andServices (Cat. 1)(34.3%)

Insights into Solvay's Total Carbon Footprint

In 2024, Solvay reported a total carbon footprint of 25,027,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.28% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Solvay's total carbon footprint was Scope 3 emissions, accounting for 67.67% of the company's total carbon footprint, followed by Scope 1 emissions at 28.92%.