Sustainable Portfolio Management (SPM) tool
Integrated in the Solvay Way approach, Solvay uses the SPM tool to link together Strategy and Sustainability.
Truly walking the talk of INTEGRATED THINKING, chemical industry has no alternative but responsible operations to provide sustainable business solutions.
Truly walking the talk requires a SYSTEMATIC APPROACH. For all its businesses, Solvay performs a 360° assessment of existing products and future spendings.
Truly walking the talk requires RELIABILITY. 10% of Solvay’s portfolio assessment is reviewed each year by an external authoritative body.
What is a Sustainable Solution ?
A sustainable Solution as defined by Solvay SPM is a product in a given application which brings higher social and environmental contribution to our customer performance and at the same time demonstrates a lower environmental impact in its production phase.
How does SPM work?
- Their environmental manufacturing footprint and its correlated risks and opportunities – vertical axis – quantitative assessment by 19 impact indicators.
- How in their applications they bring benefits or faces challenges in a market perspective – horizontal axis – qualitative assessment by 60 questions on social and environmental topics.