Brussels, March 31, 2020 – Solvay publishes today its fourth Annual Integrated Report. This report reflects Solvay’s progress on an integrated management journey that began in 2012. It covers the year 2019, provides elements and reporting principles recommended by the International Integrated Reporting Council (IIRC) and is elaborated following the guidance of the World Business Council For Sustainable Development (WBCSD).
The report contains:
- A summarized version of the "Understanding Solvay" section which details the Group's new purpose, the G.R.O.W. strategy, its streamlined business model and the updated Sustainable Value Creation model. The full “Understanding Solvay” section will be available in the digital version.
- The Management report presents the Governance report, Risk Management report, Business review integrating the Alternative Performance Measures (APM) reconciliation, Extra-Financial Statements, Financial Statements, together with the Auditors' reports.
Please note that the digital version of the Annual Integrated Report with the full “Understanding Solvay” section and the full Global Reporting Initiative (GRI) Index will be available on April 7, 2020.
Solvay today also publishes its 2019 report on payment to governments. This document is available in the Financial filings section of Solvay's website.
Solvay is a science company whose technologies bring benefits to many aspects of daily life. With more than 24,100 employees in 64 countries, Solvay bonds people, ideas and elements to reinvent progress. The Group seeks to create sustainable shared value for all, notably through its Solvay One Planet plan crafted around three pillars: protecting the climate, preserving resources and fostering better life. The Group’s innovative solutions contribute to safer, cleaner, and more sustainable products found in homes, food and consumer goods, planes, cars, batteries, smart devices, health care applications, water and air purification systems. Founded in 1863, Solvay today ranks among the world’s top three companies for the vast majority of its activities and delivered net sales of €10.2 billion in 2019. Solvay is listed on Euronext Brussels (SOLB) and Paris and in the United States, where its shares (SOLVY) are traded through a Level I ADR program. Learn more at www.solvay.com.