On the sidelines of the United Nations conference, Solvay unveiled its participation in a technology partnership with ArcelorMittal, Evonik and LafargeHolcim to find new ways to reduce carbon emissions generated in their energy-intensive processes. Sponsored by the World Business Council for Sustainable Development, the partnership aims at carrying out collaborative research and evaluate the feasibility of different Carbon Capture and reUse (CCU) technologies. 

Solvay also announced that it would be supporting the World Alliance for Clean Technologies launched by the Solar Impulse Foundation during COP22. In a public statement to be released later this week, Solvay’s CEO and Solar Impulse pilot Bertrand Piccard called on world leaders to “support science dedicated to progress, and help create a favorable environment, in which entrepreneurs, scientists and the business community can forge unexpected alliances (...) to create the clean technologies that will shape tomorrow’s world.”

Finally, as announced during the recent Capital Markets Day, Solvay accelerates its efforts to cut the carbon intensity of its activities by 40% by 2025, with an intermediary target of minus 20% by 2018.