Fighting climate change with the power of chemistry

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Solvay targets carbon neutrality before 2050

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COP26 has made climate neutrality a top priority. More than 130 countries are contemplating or already committing to reducing emissions to net-zero by mid-century. Solvay is doing its part: in line with our Solvay One Planet sustainability roadmap, we’ve targeted to achieve carbon neutrality before 2050 (covering all scope 1 and 2 emissions in our global operations). In addition, Solvay is committed to enabling solutions that create a better world. 

What is COP26?

The 2021 United Nations Climate Change Conference, also known as COP26, emphasizes the importance of the European recovery plan and its focus on zero-emission mobility, as well as US and Chinese legislation to promote the use of electric vehicles, and of course, clean mobility at large.

 

Chemistry provides a key to reducing these emissions by enabling clean mobility

Let's find out how in the infographics!

 

 

COP26 did you know transportation account for GHG emissions

From 8 million in 2020 to 170 million global passenger electrical vehicles fleet on the road by 2030

With the drive towards clean mobility, there are several challenges to overcome, including affordability, scaling up infrastructures and electrical grid capacity, availability of raw materials, and the carbon footprint of recovering materials to create EV batteries, for instance. 

Fortunately, chemistry and science are key to providing impactful answers to those challenges. Solvay provides solutions that enable car manufacturers to promote affordable emobility applications for end consumers and create a closed-loop process for the EV batteries of the future. And, our circular solution for EV batteries addresses the concern about shortages of lithium, cobalt and nickel and the carbon footprint associated with primary metal extraction or mining.

Clean mobility: it’s here, it’s real, it’s now... and we are ready!

Beyond our climate targets, we are uniquely positioned to provide solutions in clean mobility, now and in the future. Our contribution to the electric and hybrid vehicle value chains for instance is quite singular in the chemical industry: 

  • We provide materials and solutions that create lighter vehicles that require less to no fuel, thereby reducing their CO2 emissions
  • We provide high-performance materials for lithium-ion batteries, from salts and additives for the electrolyte to specialty polymers for the binders and separators.
  • We developed three dedicated inhouse growth platforms (thermoplastic composites, batteries and green hydrogen) to serve the fast-growing e-mobility and urban air mobility markets.
  • We are the only company to have a chemical refining process that optimizes the extraction and purification of critical metals such as cobalt, nickel and lithium and transforms them into high-purity raw materials for new batteries.
  • We partner with Veolia and Renault to create a circular economy consortium that will enable the production of circular EV batteries, in line with our ambitions as a partner to the Ellen MacArthur Foundation. The new solutions promise better resource efficiency while ensuring a stable access to raw materials.
  • The World Alliance for Efficient Solutions, created by the Solar Impulse Foundation, recognizes several of our clean mobility solutions as best-in-class for sustainability and profitability for a cleaner future.

 

Discover how Solvay’s chemistry enables clean mobility 

On the road to decarbonization 

At Solvay, we are doing our part by reducing the impact of our operations and along the value chain, and by growing climate-positive solutions for the markets we serve as described in the Solvay One Planet sustainability roadmap. In 2020, we've already ensured that €1.6 billion of our sales come from solutions that help to reduce the overall impact on climate.

We are committed to achieving carbon neutrality before 2050 (covering all scope 1 and 2 emissions in our global operations). We support this commitment by substantial investments in the coming years. It represents the next stage in our company’s sustainability journey, building on the 2030 targets set out in our sustainability roadmap, Solvay One Planet.

Ilham_Kadri_Roundle_bis

“Our new carbon neutrality roadmap, backed by meaningful investments, will prove yet again that targeted action on climate is good for the planet and good for business — and we will continually report progress against these targets. At the same time, we are preparing our scope 3 commitments with the Science-Based Targets initiative (SBTi). We believe that sustainability is profitability, and we will continue to develop our innovation pipeline to deliver the sustainable solutions our customers need for tomorrow's future technologies in areas such as electrification, lightweighting and green hydrogen.”

Ilham Kadri, CEO of Solvay
 

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