Solvay SA 2023 IR
The report highlights Solvay's performance in 2023, a pivotal year marked by the successful partial demerger and spin-off of its specialty businesses to Syensqo. Despite a challenging macroeconomic environment, the company recorded net sales of ‐11.9% compared to 2022 and a record EBITDA margin of 25.5%. On the sustainability front, Solvay achieved a 19% reduction in Scope 1 and 2 emissions compared to 2021 and advanced 27 energy transition projects globally, including the complete phase-out of coal at its Green River facility. Additionally, the company committed to ensuring a fair living wage for all employees by 2026 and progressed toward its gender parity goals.
Company: Solvay SA
Sector: Manufacturing
Country: Belgium
Year: 2023
Type: IR
Pages: 400
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Solvay SA
Annual Integrated Report
The report highlights Solvay's performance in 2023, a pivotal year marked by the successful partial demerger and spin-off of its specialty businesses to Syensqo. Despite a challenging macroeconomic environment, the company recorded net sales of ‐11.9% compared to 2022 and a record EBITDA margin of 25.5%. On the sustainability front, Solvay achieved a 19% reduction in Scope 1 and 2 emissions compared to 2021 and advanced 27 energy transition projects globally, including the complete phase-out of coal at its Green River facility. Additionally, the company committed to ensuring a fair living wage for all employees by 2026 and progressed toward its gender parity goals.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees