Solvay
2019 Annual Integrated Report

GRI Disclosures

Solvay supports the GRI Standards

As member of the GRI Community, Solvay contributes to the GRI’s mission and is committed to advancing sustainability reporting. Solvay is also involved in the GRI Corporate Leadership Group on Integrated Reporting and Reporting on the SDGs Action Platform. For the GRI Content Index Service, GRI Services reviewed that the GRI content index is clearly presented and the references for all disclosures included align with the appropriate sections in the body of the report.

This report has been prepared in accordance with the GRI Standards: Core option.

GRI Gold Community (logo)
United Nations Global Compact (logo)

GRI 101: Foundation 2016

GRI 102: General disclosures 2016

Organizational profile

Disclosure

2019 Annual Integrated Report website

Disclosure Reported

102-1 Name of the organization

Summary of financial statements of Solvay SA

Fully

102-2 Activities, brands, products, and services

Key figures

Fully

102-3 Location of headquarters

Summary of financial statements of Solvay SA

Fully

102-4 Location of operations

Note F43 List of companies included in the consolidation scope

Fully

102-5 Ownership and legal form

Summary of financial statements of Solvay SA

Fully

102-6 Markets served

Market-driven innovation
In step with powerful business trends

Fully

102-7 Scale of the organization

Key figures
Balance sheet
Description of the operational segments
Market-driven innovation
Discover our products portfolio

Fully

102-8 Information on employees and other workers

Workforce figures

Fully

102-9 Supply chain

Our supply chain management

Fully

102-10 Significant changes to the organization and its supply chain

Consolidated financial statements
Note F43 List of companies included in the consolidation scope

Fully

102-11 Precautionary Principle or approach

Product stewardship

Fully

102-12 External initiatives

External commitments

Fully

102-13 Membership of associations

Membership of associations

Fully

Strategy

Disclosure

2019 Annual Integrated Report website

Disclosure Reported

102-14 Statement from senior decision-maker

President’s message

Fully

102-15 Key impacts, risks, and opportunities

Built-in resilience to risk
Our sustainable value creation model

Fully

Ethics and integrity

Disclosure

2019 Annual Integrated Report website

Disclosure Reported

102-16 Values, principles, standards, and norms of behavior

Commitments and policies

Fully

102-17 Mechanisms for advice and concerns about ethics

Management of the legal, ethics and regulatory framework

Fully

Governance

Disclosure

2019 Annual Integrated Report website

Disclosure Reported

102-18 Governance structure

Board of Directors and Board Committees

Fully

102-19 Delegating authority

Living sustainability

Fully

102-20 Executive-level responsibility for economic, environmental, and social topics

Driving sustainability

Fully

102-21 Consulting stakeholders on economic, environmental, and social topics

Living sustainability

Fully

102-22 Composition of the highest governance body and its committees

Structure and composition
Robust, inspired governance

Fully

102-23 Chair of the highest governance body

Structure and composition

Fully

102-24 Nominating and selecting the highest governance body

Board of Directors and Board Committees
Functioning of the Board of Directors
Structure and composition

Fully

102-25 Conflicts of interest

Functioning of the Board of Directors
Introduction

Fully

102-26 Role of highest governance body in setting purpose, values, and strategy

Functioning of the Board of Directors
Training

Fully

102-27 Collective knowledge of highest governance body

Training

Fully

102-28 Evaluating the highest governance body’s performance

Evaluation

Fully

102-29 Identifying and managing economic, environmental, and social impacts

Main characteristic of risk management and internal control systems

Fully

102-30 Effectiveness of risk management processes

Risk management process

Fully

102-31 Review of economic, environmental, and social topics

Training

Fully

102-32 Highest governance body’s role in sustainability reporting

Materiality analysis

Fully

102-33 Communicating critical concerns

Functioning of the Board of Directors

Fully

102-34 Nature and total number of critical concerns

Functioning of the Board of Directors

Fully

102-35 Remuneration policies

Board of Directors compensation

Fully

102-36 Process for determining remuneration

Compensation report

Fully

102-37 Stakeholder’s involvement in remuneration

Compensation report

Fully

Stakeholder engagement

Disclosure

2019 Annual Integrated Report website

Disclosure Reported

102-40 List of stakeholder groups

Moving forward with our stakeholders

Fully

102-41 Collective bargaining agreements

Labor relations

Fully

102-42 Identifying and selecting stakeholders

Solvay Way
Moving forward with our stakeholders

Fully

102-43 Approach to stakeholder engagement

Moving forward with our stakeholders

Fully

102-44 Key topics and concerns raised

Moving forward with our stakeholders

Fully

Reporting practice

Disclosure

2019 Annual Integrated Report website

Disclosure Reported

102-45 Entities included in the consolidated financial statements

Note F43 List of companies included in the consolidation scope

Fully

102-46 Defining report content and topic Boundaries

Basis of preparation
Reporting practices

Fully

102-47 List of material topics

Materiality analysis

Fully

102-48 Restatements of information

Reporting practices

Fully

102-49 Changes in reporting

Note F43 List of companies included in the consolidation scope
Materiality analysis process

Fully

102-50 Reporting period

2019

Fully

102-51 Date of most recent report

2018

Fully

102-52 Reporting cycle

Annual

Fully

102-53 Contact point for questions regarding the report

Contact

Fully

102-54 Claims of reporting in accordance with the GRI Standards

GRI Content index

Fully

102-55 GRI content index

GRI Content index

Fully

102-56 External assurance

Assurance report of the Statutory Auditor on a selection of social, environmental and other sustainable development information

Fully

TOPIC SPECIFIC STANDARDS

Economic

Economic performance

GRI STANDARD

Disclosure

2019 Annual Report online

Reason (s) of ommission (s)

Disclosure reported

GRI 103: Management approach 2016

103-1 Explanation of the material topic and its Boundary

Our sustainable value creation model

 

 

 

103-2 The management approach and its components

Winning together as ONE Group

 

 

 

103-3 Evaluation of the management approach

Ratings with insight

 

 

GRI 201: Economic performance 2016

201-1 Direct economic value generated and distributed

Direct and economic value generated and distributed

 

Fully

 

201-3 Defined benefit plan obligations and other retirement plans

Note F34 Provisions

 

Fully

Indirect economic impacts

GRI STANDARD

Disclosure

2019 Annual Report online

Reason (s) of ommission (s)

Disclosure reported

GRI 103: Management approach 2016

103-1 Explanation of the material topic and its Boundary

Materiality analysis

 

 

 

103-2 The management approach and its components

Local societal actions

 

 

 

103-3 Evaluation of the management approach

Local societal actions

 

 

GRI 203: Indirect Economic Impacts 2016

203-1 Infrastructure investments and services supported

Societal actions

 

Fully

Anti-corruption

GRI STANDARD

Disclosure

2019 Annual Report online

Reason (s) of ommission (s)

Disclosure reported

GRI 103: Management approach 2016

103-1 Explanation of the material topic and its Boundary

Management of the legal, ethics and regulatory framework

 

 

 

103-2 The management approach and its components

Ressources and responsibilities

 

 

 

103-3 Evaluation of the management approach

Grievance mechanisms

 

 

GRI 205: Anti-corruption 2016

205-1 Operations assessed for risks related to corruption

Ethics and compliance

 

Fully

 

205-2 Communication and training about anti-corruption policies and procedures

Grievance mechanisms

 

Fully

 

205-3 Confirmed incidents of corruption and actions taken

Important litigation

 

Fully

Anti-competitive behavior

GRI STANDARD

Disclosure

2019 Annual Report online

Reason (s) of ommission (s)

Disclosure reported

GRI 103: Management approach 2016

103-1 Explanation of the material topic and its Boundary

Management of the legal, ethics and regulatory framework

 

 

 

103-2 The management approach and its components

Management of the legal, ethics and regulatory framework

 

 

 

103-3 Evaluation of the management approach

Management of the legal, ethics and regulatory framework

 

 

GRI 206: Anti-competitive behavior 2016

206-1 Legal actions for anti-competitive behavior, anti-trust, and monopoly practices

Antitrust proceedings

 

Fully

Environmental

Energy

GRI STANDARD

Disclosure

2019 Annual Report online

Reason (s) of ommission (s)

Disclosure reported

GRI 103: Management approach 2016

103-1 Explanation of the material topic and its Boundary

Energy – Management approach

 

 

 

103-2 The management approach and its components

Energy – Management approach

 

 

 

103-3 Evaluation of the management approach

Energy – Management approach

 

 

GRI 302: Energy 2016

302-1 Energy consumption within the organization

Energy – Indicators and objectives

 

Fully

 

302-2 Energy consumption outside of the organization

 

Information unavailable. Although an estimate of energy consumption from purchased goods and services could be available through the Sustainable Portfolio Management assessment, this information has not been compiled in time for the Report. We expect to be able to report it in the next Annual Integrated Report. Energy consumption outside of the organization can be assessed through the Sustainable Portfolio Management methodology, quantitatively for upstream activities and qualitatively for downstream activities.

Not reported

 

302-3 Energy intensity

Energy – Definition
Energy – Indicators and objectives

 

Fully

 

302-4 Reduction of energy consumption

Energy – Management approach

 

Fully

Water

GRI STANDARD

Disclosure

2019 Annual Report online

Reason (s) of ommission (s)

Disclosure reported

GRI 103: Management approach 2016

103-1 Explanation of the material topic and its Boundary

Water and wastewater – Management approach

 

 

 

103-2 The management approach and its components

Water and wastewater – Management approach

 

 

 

103-3 Evaluation of the management approach

Water and wastewater – Management approach

 

 

GRI 303: Water 2016

303-1 Water withdrawal by source

Water and wastewater – Indicators and objectives

 

Fully

 

303-3 Water recycled and reused

Water and wastewater – Indicators and objectives

 

Fully

Emissions

GRI STANDARD

Disclosure

2019 Annual Report online

Reason (s) of ommission (s)

Disclosure reported

GRI 103: Management approach 2016

103-1 Explanation of the material topic and its Boundary

Greenhouse gas emissions

 

 

 

103-2 The management approach and its components

Greenhouse gas emissions

 

 

 

103-3 Evaluation of the management approach

Greenhouse gas emissions

 

 

GRI 305: Emissions 2016

305-1 Direct (Scope 1) GHG emissions

Greenhouse gas emissions – Indicators and objectives

 

Fully

 

305-2 Energy indirect (Scope 2) GHG emissions

Greenhouse gas emissions – Indicators and objectives

 

Fully

 

305-3 Other indirect (Scope 3) GHG emissions

Greenhouse gas emissions – Indicators and objectives

 

Fully

 

305-4 GHG emissions intensity

Greenhouse gas emissions – Indicators and objectives

 

Fully

 

305-5 Reduction of GHG emissions

Greenhouse gas emissions – Indicators and objectives

 

Fully

Effluents and waste

GRI STANDARD

Disclosure

2019 Annual Report online

Reason (s) of ommission (s)

Disclosure reported

GRI 103: Management approach 2016

103-1 Explanation of the material topic and its Boundary

Waste and hazardous materials
Water and wastewater
Critical incident risk management

 

 

 

103-2 The management approach and its components

Waste and hazardous materials
Water and wastewater
Critical incident risk management

 

 

 

103-3 Evaluation of the management approach

Waste and hazardous materials
Water and wastewater
Critical incident risk management

 

 

GRI 306: Effluents and Waste 2016

306-1 Water discharge by quality and destination

Water and wastewater

 

Fully

 

306-3 Significant spills

Water and wastewater – Indicators and objectives

 

Fully

Environmental compliance

GRI STANDARD

Disclosure

2019 Annual Report online

Reason (s) of ommission (s)

Disclosure reported

GRI 103: Management approach 2016

103-1 Explanation of the material topic and its Boundary

Health, Safety and Environment management

 

 

 

103-2 The management approach and its components

Health, Safety and Environment management

 

 

 

103-3 Evaluation of the management approach

Health, Safety and Environment management

 

 

GRI 307: Environmental Compliance 2016

307-1 Non-compliance with environmental laws and regulations

Health, Safety and Environment management

 

Fully

Supplier Environmental Assessment

GRI STANDARD

Disclosure

2019 Annual Report online

Reason (s) of ommission (s)

Disclosure reported

GRI 103: Management approach 2016

103-1 Explanation of the material topic and its Boundary

Our supply chain management

 

 

 

103-2 The management approach and its components

Our supply chain management

 

 

 

103-3 Evaluation of the management approach

Our supply chain management

 

 

GRI 308: Supplier Environmental Assessment 2016

308-1 New suppliers that were screened using environmental criteria

Our supply chain management

 

Fully

 

308-2 Negative environmental impacts in the supply chain and actions taken

Our supply chain management

 

Fully

Social

Employment

GRI STANDARD

Disclosure

2019 Annual Report online

Reason (s) of ommission (s)

Disclosure reported

GRI 103: Management approach 2016

103-1 Explanation of the material topic and its Boundary

Recruitment, development and retention

 

 

 

103-2 The management approach and its components

Recruitment, development and retention

 

 

 

103-3 Evaluation of the management approach

Recruitment, development and retention

 

 

GRI 401: Employment 2016

401-1 New employee hires and employee turnover

Recruitment, development and retention

 

Fully

 

401-2 Benefits provided to full-time employees that are not provided to temporary or part-time employees

Employee engagement and well-being
Recruitment, development and retention

 

Fully

Labor and management relations

GRI STANDARD

Disclosure

2019 Annual Report online

Reason (s) of ommission (s)

Disclosure reported

GRI 103: Management approach 2016

103-1 Explanation of the material topic and its Boundary

Employee engagement and well-being

 

 

 

103-2 The management approach and its components

Employee engagement and well-being

 

 

 

103-3 Evaluation of the management approach

Employee engagement and well-being

 

 

GRI 402: Labor/Management Relations 2016

402-1 Minimum notice periods regarding operational changes

Labor relations – Minimum notice periods regarding operational changes

Not applicable. The minimum notice periods are based on local legislations and local Collective Agreements.

b

Occupational health and safety

GRI STANDARD

Disclosure

2019 Annual Report online

Reason (s) of ommission (s)

Disclosure reported

GRI 103: Management approach 2016

103-1 Explanation of the material topic and its Boundary

Employee health and safety – Management approach

 

 

 

103-2 The management approach and its components

Employee health and safety – Management approach

 

 

 

103-3 Evaluation of the management approach

Employee health and safety – Management approach

 

 

GRI 403: Occupational health and safety 2016

403-1 Workers representation in formal joint management–worker health and safety committees

Labor relations

 

Fully

 

403-2 Types of injury and rates of injury, occupational diseases, lost days, and absenteeism, and number of work-related fatalities

Employee health and safety – Indicators

 

Fully

 

403-3 Workers with high incidence or high risk of diseases related to their occupation

Employee health and safety – Indicators

 

Fully

 

403-4 Health and safety topics covered in formal agreements with trade unions

Labor relations

 

Fully

Training and education

GRI STANDARD

Disclosure

2019 Annual Report online

Reason (s) of ommission (s)

Disclosure reported

GRI 103: Management approach 2016

103-1 Explanation of the material topic and its Boundary

Recruitment, development and retention

 

 

 

103-2 The management approach and its components

Recruitment, development and retention

 

 

 

103-3 Evaluation of the management approach

Recruitment, development and retention

 

 

GRI 404: Training and education 2016

404-1 Average hours of training per year per employee

 

Not applicable. With the move to online trainings, time spent during an online training session may include pauses for other activities and the indicator is less relevant to assess training provided.

Not reported

 

404-2 Programs for upgrading employee skills and transition assistance programs

Recruitment, development and retention – Management approach

 

Fully

 

404-3 Percentage of employees receiving regular performance and career development reviews

Recruitment, development and retention – Management approach

 

Fully

Diversity and equal opportunity

GRI STANDARD

Disclosure

2019 Annual Report online

Reason (s) of ommission (s)

Disclosure reported

GRI 103: Management approach 2016

103-1 Explanation of the material topic and its Boundary

Diversity and inclusion – Management approach

 

 

 

103-2 The management approach and its components

Diversity and inclusion – Management approach

 

 

 

103-3 Evaluation of the management approach

Diversity and inclusion – Management approach

 

 

GRI 405: Diversity and equal opportunity 2016

405-1 Diversity of governance bodies and employees

Diversity and inclusion – Indicators and objectives

 

Fully

Non-discrimination

GRI STANDARD

Disclosure

2019 Annual Report online

Reason (s) of ommission (s)

Disclosure reported

GRI 103: Management approach 2016

103-1 Explanation of the material topic and its Boundary

Management of the legal, ethics and regulatory framework

 

 

 

103-2 The management approach and its components

Management of the legal, ethics and regulatory framework

 

 

 

103-3 Evaluation of the management approach

Management of the legal, ethics and regulatory framework

 

 

GRI 406: Non-discrimination 2016

406-1 Incidents of discrimination and corrective actions taken

Grievance mechanisms

 

Fully

Freedom of association and collective bargaining

GRI STANDARD

Disclosure

2019 Annual Report online

Reason (s) of ommission (s)

Disclosure reported

GRI 103: Management approach 2016

103-1 Explanation of the material topic and its Boundary

Our supply chain management

 

 

 

103-2 The management approach and its components

Our supply chain management

 

 

 

103-3 Evaluation of the management approach

Our supply chain management

 

 

GRI 407: Freedom of association and collective bargaining 2016

407-1 Operations and suppliers in which the right to freedom of association and collective bargaining may be at risk

Our supply chain management – Indicators

 

Fully

Human rights assessment

GRI STANDARD

Disclosure

2019 Annual Report online

Reason (s) of ommission (s)

Disclosure reported

GRI 103: Management approach 2016

103-1 Explanation of the material topic and its Boundary

Management of the legal, ethics and regulatory framework

 

 

 

103-2 The management approach and its components

Management of the legal, ethics and regulatory framework

 

 

 

103-3 Evaluation of the management approach

Grievance mechanisms

 

 

GRI 412: Human rights assessment 2016

412-1 Operations that have been subject to human rights reviews or impact assessments

Grievance mechanisms

 

Fully

 

412-2 Employee training on human rights policies or procedures

Communication and training

 

Fully

Local communities

GRI STANDARD

Disclosure

2019 Annual Report online

Reason (s) of ommission (s)

Disclosure reported

GRI 103: Management approach 2016

103-1 Explanation of the material topic and its Boundary

Societal actions

 

 

 

103-2 The management approach and its components

Societal actions

 

 

 

103-3 Evaluation of the management approach

Societal actions

 

 

GRI 413: Local communities 2016

413-1 Operations with local community engagement, impact assessments, and development programs

Societal actions

 

Fully

 

413-2 Operations with significant actual and potential negative impacts on local communities

HSE-related proceedings

 

Fully

Supplier social assessment

GRI STANDARD

Disclosure

2019 Annual Report online

Reason (s) of ommission (s)

Disclosure reported

GRI 103: Management approach 2016

103-1 Explanation of the material topic and its Boundary

Our supply chain management

 

 

 

103-2 The management approach and its components

Our supply chain management

 

 

 

103-3 Evaluation of the management approach

Our supply chain management

 

 

GRI 414: Supplier social assessment 2016

414-1 New suppliers that were screened using social criteria

Our supply chain management – Indicators

 

Fully

Public policy

GRI STANDARD

Disclosure

2019 Annual Report online

Reason (s) of ommission (s)

Disclosure reported

GRI 103: Management approach 2016

103-1 Explanation of the material topic and its Boundary

Public policy

 

 

 

103-2 The management approach and its components

Public policy

 

 

 

103-3 Evaluation of the management approach

Public policy

 

 

GRI 415: Public policy 2016

415-1 Political contributions

Solvay’s political contributions

 

Fully

Customer health and safety

GRI STANDARD

Disclosure

2019 Annual Report online

Reason (s) of ommission (s)

Disclosure reported

GRI 103: Management approach 2016

103-1 Explanation of the material topic and its Boundary

Product stewardship – Management approach

 

 

 

103-2 The management approach and its components

Product stewardship – Management approach

 

 

 

103-3 Evaluation of the management approach

Product stewardship – Management approach

 

 

GRI 416: Customer health and safety 2016

416-1 Assessment of the health and safety impacts of product and service categories

Sustainable Portfolio Management
Product stewardship
Waste and hazardous materials

 

Fully

 

416-2 Incidents of non-compliance concerning the health and safety impacts of products and services

HSE-related proceedings

 

Fully

Socioeconomic compliance

GRI STANDARD

Disclosure

2019 Annual Report online

Reason (s) of ommission (s)

Disclosure reported

GRI 103: Management approach 2016

103-1 Explanation of the material topic and its Boundary

Management of the legal, ethics and regulatory framework

 

 

 

103-2 The management approach and its components

Management of the legal, ethics and regulatory framework

 

 

 

103-3 Evaluation of the management approach

Grievance mechanisms

 

 

GRI 419: Socioeconomic Compliance 2016

419-1 Non-compliance with laws and regulations in the social and economic area

Important litigation

 

Fully