Striving for 3 climate goals

Greenhouse Gas Emissions reduction: tackling our footprint on climate

We aim at double the rate at which we reduce emissions, with a goal of curbing greenhouse gas emissions by 26% and aligning its trajectory with the “well below 2°C temperature increase” goal outlined in the 2015 Paris Agreement. In 2022, we have decouple our growth from our greenhouse gas emissions and to commit to a reduction by a million tons by 2025 in absolute value and at constant scope. Today, it’s time to further raise the bar by doubling our ambition to decarbonization.

How will we reach our goals?

We are ready to switch to renewable and low carbon energies, improve energy transition continuously and develop clean technologies to reduce GHG emissions released by chemical processes. To make sustainability an integral part of the entire value chain, we are ready to explore circular economy business models as an additional lever to zero-emissions challenge and preview metric on GHG emissions of operations in senior management remuneration.

Eliminating the use of coal

Coal firing, in addition to being one of the highest CO2 emitting energy sources, also emits NOx, SOx and particulate matter in air emissions but also phosphate and heavy metals in water from the leaching of coal mining spoil.

By 2030 we will not purchase any raw material from a supplier using coal in their plant.

Reducing pressure on biodiversity

Biodiversity and its vital contributions to earth life are massively deteriorating worldwide. At the origin of this evolution is climate change, but also other pressures generated by human activities. At Solvay, we have worked on a way to analyze our impacts on biodiversity and have performed a first product life cycle and eco profile assessment.

We actively plan to reduce our pressure by 30% on biodiversity in areas such as terrestrial acidification, water eutrophication and marine ecotoxicity.

Increasing business impact across the entire value chain

Based on our new UF Industries One Planet agenda, we will measure emission reduction with our customers and suppliers and throughout the complete value chain.