Solvay
2019 Annual Integrated Report

GRI Disclosures

Solvay is committed to maintaining a dialogue with stakeholders and is a member of several associations at the global, regional, and national levels. Trade associations adopt policy positions as close as possible to a consensus, and member companies can still express disagreement in a number of ways, including internal discussion within working groups or public stances that differ from those of the trade associations.

Public policy

Solvay participates in working groups and policy coordination groups. Solvay senior representatives sit on the steering boards of many of those associations. The list of major association memberships in the regions and countries where Solvay is present is as follows:

International Council of Chemical Associations

Solvay is an active member of the International Council of Chemical Associations (ICCA). Solvay’s CEO Ilham Kadri is a member of the Board of Directors. Responsible Care is an essential part of ICCA’s contribution to the Strategic Approach to International Chemicals Management (SAICM). Through Responsible Care, global chemical manufacturers commit to pursuing an ethic of safe chemicals management and performance excellence worldwide.

Business Europe

Business Europe is the leading European business trade association whose direct members are national business federations. Selected companies may participate in Business Europe through the advisory and support group (ASG). Business Europe and its members campaign for the issues that most influence the business performance and growth of European companies, in Europe and globally. Within this framework, Solvay provides its input through its participation in working groups dealing with energy, environment, and research, as well as trade policy.

European Round Table of Industrialists

The European Round Table of Industrialists (ERT) is a forum that brings together around 50 CEOs of European companies. Among its activities, the ERT advocates policies to improve European competitiveness, growth, and employment. In particular, Solvay actively participates in the working groups dealing with energy, trade, competitiveness & innovation, social, and finance, as well as with competition policies.

World Business Council for Sustainable Development

The World Business Council for Sustainable Development (WBCSD) is a CEO-led not-for-profit aiming at elevating sustainability standards in business. Solvay has been ​an active member since 2010, and Solvay CEO Ilham Kadri is personally involved, serving on the WBCSD Executive Committee and co-chairing the People Program. Solvay has taken active roles in the following projects:

  • WBCSD TCFD Preparer Forum: To support the implementation of the Task Force on Climate-Related Financial Disclosures (TCFD) recommendations, WBCSD and the TCFD have convened “Preparer Forums” for priority sectors and industries: oil and gas, electric utilities, chemicals, construction, automobiles, and food, agriculture and forest products. Solvay was a member of the TCFD Preparer Forum for Chemicals. The report, published in July 2019, aims to help chemical companies implement the TCFD’s recommendations on climate-related financial disclosure.
  • Actions toward a circular economy: Factor10 is WBCSD’s circular economy initiative. It brings companies together to reinvent how business finds, uses, and disposes of the resources and materials that make up global trade. It aims at bridging the gap between theory and practice to help companies identify and remove the barriers that exist, and will create scalable solutions. By collaborating on solutions that go beyond business as usual, Factor10 strives to deliver high-impact, large-scale results where resources are used wisely, processes create the greatest possible value, and nothing is wasted;
  • Actions for sustainable mobility: The Transforming Urban Mobility (TuM) project brings business and cities together to implement system-level and integrated initiatives to steer urban mobility systems’ transformation towards a safer, cleaner, more accessible, and more efficient future. Solvay took part to better understand the role that materials and chemicals can play in this necessary transformation;
  • Executing actions from the Chemical roadmap for the highest impact on the Sustainable Development Goals (SDGs): In 2018, Solvay took an active role in developing a methodology to identify actions to be implemented to maximize impact in delivering on SDGs. Since, Solvay has taken the lead with WBCSD, CEFIC, and some other chemical companies to execute the Impact Opportunity 8 - Transform portfolios to have more products with positive impacts on health and people. Solvay builds on its proprietary methodology (SPM), expertise, and competencies to deliver on Sustainable Consumption and Production (SDG 12).

European Chemical Industry Council

The European Chemical Industry Council (Cefic) is the forum and the voice of the chemical industry in Europe. It facilitates dialogue that allows the industry to share its technical expertise with both policymakers and various stakeholders. Solvay experts provide input on energy, industrial, environmental, and research policy, as well as product stewardship-related issues. Representatives of the businesses work with the different Cefic sector groups on specific issues related to individual substances or groups of substances.

American Chemistry Council

The American Chemistry Council (ACC) represents a diverse set of companies engaged in the business of chemistry. Solvay sits on the Executive Committee as well as several Board-level committees that contribute to setting the association’s strategy. Solvay representatives contribute their expertise to the ACC’s work on transportation, energy, the environment, sustainability, process safety, and product stewardship issues. Solvay’s experts also provide their technical input to activities, focusing on product-related issues which are relevant for Solvay’s businesses, e.g. advanced materials.

Brazilian Chemical Industry Association

Together with the Brazilian Chemical Industry Association (ABIQUIM) and its members, Solvay helps make Brazil’s chemical industries more competitive and sustainable. Solvay participates in the board of directors and all of ABIQUIM’s key commissions and supported activities, covering topics such as the Chemical Industry Parliamentary Coalition, Responsible Care Management, energy and climate change, product stewardship (e.g. Industrial Chemicals Regulation, Globally Harmonized System implementation), community dialogue, labor, international trade and trade remedies, logistics & supply chain, and innovation.