Solvay governance in practice

Solvay SA – headquartered in Belgium – is committed to the highest Belgian governance principles and seeks to consistently strengthen its corporate governance practices and disclosures, emphasizing transparency and promoting a culture of sustainable long-term value creation.

The Board of Directors is entrusted with challenging and supporting the executives in the development of strategies. The Executive Committee, in turn, oversees the Group’s business operations. 

Solvay’s Governance Bodies reflect the culture of collaboration that the Group aims to reinforce across its teams. The Chairman of the Board of Directors and the Chairman of the Executive Committee and CEO maintain regular and constructive dialog, sharing information and embodying this culture at the highest level.

Detailed respective functions and responsibilities are defined in Solvay Governance Charter, available in the downloadable documents below.

Solvay has adopted the 2020 Belgian Code of Corporate Governance as its reference Code taking into account the specific international aspects of the Company.

The Corporate Governance Charter established by the Board of Directors aims at providing a comprehensive and transparent disclosure of the Company’s governance.

It defines the system of checks and balances between the shareholders/investors, the Board and the management to shape an efficiently functioning company, ideally geared to produce long-term and sustainable value. As part of these rules, Solvay has adopted a code of Business Integrity and a code of Share Dealing. 

To complete this range of documents, we have also implemented additional codes that represent our key guiding principles such as Solvay's Responsible Care policy and the Human rights policy.

Solvay SA is incorporated in Belgium, with its registered office at rue de Ransbeek 310, 1120 – Brussels. See below Solvay Articles of Association updated in 2012, 2014, 2015.