Wall Street Journal ranks Solvay 52nd globally for its sustainability score of 5,500 companies surveyed.
Brussels, October 13, 2020
Solvay has made the Wall Street Journal’s inaugural list of the 100 Most Sustainably Managed Companies in the World, ranking 52nd among the more than 5,500 publicly-traded businesses surveyed. Sustainability metrics such as business model and innovation, external social and product issues, employee and workplace issues, and the environment were all considered in the Journal's calculation and methodology.
“This is a great recognition for Solvay,” commented Solvay CEO Ilham Kadri. “We have been making a lot of sustainable commitments in the way we run our business, and it’s rewarding to see this acknowledged. Our world has an ever-growing population and limited resources, and we are facing environmental and social challenges like never before. At Solvay we are raising the bar with a holistic view on Climate, Resources and Better Life. I truly believe that sustainability is a path to profitability and plays a role in any company’s future success.”
Sustainability is at the heart of Solvay’s activities, as outlined in its sustainability roadmap Solvay One Planet. The plan outlines ten ambitious targets to drive progress across three key pillars: Climate, Resources and Better Life. To meet these goals, Solvay pledges to reallocate investments to promote sustainability within its portfolio, operations and workplace. The plan responds to the UN Sustainable Development Goals and aligns with the 2015 Paris Agreement.
Recently, Solvay raised its sustainability ambition one step further and committed to review its 2030 objectives to reduce greenhouse gas emissions in line with the Science Based Targets initiative.