Score reflects sustained progress in Solvay’s climate commitments
Renowned ratings organization CDP (formerly the “Carbon Disclosure Project”) has confirmed Solvay’s rating at A- in its latest Climate Change assessment, even with a more stringent questionnaire this year. Solvay was again recognized for its governance, its progress in reducing emissions and for its comprehensive climate roadmap. CDP’s disclosure and assessment process is widely recognised as the gold standard of corporate environmental transparency, and the go-to source of trusted sustainability information for customers and investors.
“We are delighted that CDP recognized our continued progress and maintained Solvay’s CDP rating in the climate change category”, said Pascal Chalvon Demersay, Solvay’s chief sustainability officer. “This reflects both our overall targets to structurally reduce greenhouse gas emissions worldwide, and the specific projects that have been launched such as our recently announced coal phase out in two additional plants. We aim to tackle climate change at the service of our customers, our investors, and society as a whole.”
Throughout 2022, Solvay has accelerated the delivery of its Solvay One Planet sustainability objectives, particularly in reducing carbon emissions. This included advancing its carbon neutrality ambition with more than 40 confirmed energy transition projects (2.8 Mt CO2eq) to cut emissions and phase out coal, including at plants such as Devnya, Bulgaria and Dombasle, France in Europe, and Green River, Wyoming in the US.
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