2020 Integrated Report and Annual Report
ESSENTIAL AND STRONGER
Facing an unprecedented crisis, Solvay demonstrated that it is essential to customers, employees, and local communities and is emerging stronger. Our fully digital Integrated Report shows how we brought our Purpose - to bond people, ideas and elements - to life in 2020. We advanced our G.R.O.W. strategy by accelerating our transformation into one more efficient and agile Group. We also delivered on - and even stepped up - our sustainability commitments. We showed our resilience by achieving strong financial performance throughout the year, while answering customers’ pressing needs and supporting our people and communities through the Covid crisis.
BONDING FOR A BETTER PLANET
Our sustainability performance in 2020
To bond is to put sustainability at the heart of everything we do, and in 2020, we lived it everyday and accelerated our energy transition and our commitments.
WE REINVENTED PROGRESS IN 2020
"Solvay is a caring company, which sought to soften the consequences of the crisis for its employees and reward them for their exceptional efforts” - Nicolas Boël, Chairman of the Board of Directors.
"In 2020 we demonstrated that we were essential to the world and we actually capitalized on the crisis, accelerating reforms to unleash our company’s full potential. Today, I can proudly assert that we have emerged stronger.” - Solvay CEO Ilham Kadri.
BONDING FOR A BETTER LIFE
Our commitment to responsible capitalism
Solvay is proud of the legacy of its founder Ernest Solvay who was one of the first corporate leaders to implement what we call today Corporate Social Responsibility (CSR), placing a strong emphasis on responsible capitalism and the well-being of employees. In 2020, our commitment to providing a better life and managing our people with purpose, mind and heart was in the spotlight through our Solvay Solidarity Fund, our Citizen Day initiative, and actions to care for employees and communities during the Covid-19 pandemic and beyond.