Solvay

Diversified Chemicals / Specialty Chemicals

SOLB.BR

€ 95 0.3

Share price

$ 10 bn

Market Cap

$ 13 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

23x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Weaker than the -6.6% weighted average for S&P 500

FY2022

Solvay aims to reduce Scope 1 + 2 by 26% by 2030 from a base year 2018

This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

Solvay reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 11,000 Kt (+900/+8.9% y-o-y). At the sime time, carbon intensity tumbled to 811 t (-77 /-8.7% y-o-y).

Solvay's Scope 3 emissions declined to 25,800 Kt (-3,000 /-10.4% y-o-y). This is a higher rate of decline than over the period since 4Q'17 (-6.3% CAGR).

The company is committed to reducing Scope 1 + 2 by 26% by 2030 from a base year 2018, which translates into the estimated reduction of -211 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	11,000	9,700	1,400	25,800	13,571	811
2020Q4	10,100	8,800	1,300	28,800	11,375	888
2019Q4	12,000	10,000	2,000	32,600	12,618	951
2018Q4	12,300	10,400	1,900	34,200	13,358	921
2017Q4	12,300	10,200	2,100	35,770	12,399	992
2016Q4	13,400	10,900	2,500	10,020
2015Q4	14,200	11,400	2,800	11,920

Solvay

Carbon footprint

Primary Climate Goal

Solvay aims to reduce Scope 1 + 2 by 26% by 2030 from a base year 2018

GHG emissions and Carbon intensity

Solvay's carbon footprint

Company environmental metrics