Description

Climate change increases the occurrence of extreme natural events, significantly impacting Solvay’s sites and supply chain. These impacts could manifest themselves as one or more of the following consequences:

  • Inability to operate plants
  • Asset damage
  • Difficulty supplying customers
  • Disruption in the supply of raw materials, energy or utilities.

Prevention and mitigation

This risk has a long-term horizon; nevertheless, Solvay is creating a consistent mitigation plan, the details of which are as follows.

  • Build a methodology (type of impacts to be taken into account – major events, permanent changes, environmental, socio-economic impacts – level of impact, location, etc.)
  • Consider the following impacts:
    • Greater frequency and higher amplitude of natural events such as floods and storms
    • Regulatory impact (intake water temperature, return water temperature)
    • Sea level rise
    • Drought/Hydric stress => update previous study
  • Deploy the methodology onto the Industrial footprint and supply chain flows.