According to a new press release received from Solvay:
Brussels, December 11, 2017 — “Solvay” is among 91 enterprises, from start-ups to multinationals in various sectors, to have signed or re-committed to a FRENCH COMPANY PLEDGE against climate change.
Solvay is pleased that the number of companies to have joined to the French Business Climate Pledge has more than doubled from 2015 when the COP21 took place in Paris. Forecasts* for, industrial and Research & Development investments as well as funding of climate change solutions have risen to € 325 billion from € 170 billion in 2015.
In 2015 Solvay set a number of goals and action plans for a 10 year period. These goals include reducing the Group’s greenhouse gas emission intensity by 40 percent and to generate at least 40 percent of its revenues from sustainable solutions.
Solvay is sticking to its COMMITMENTS. In three years, Solvay has reduced its greenhouse gas intensity by about 30 percent. Today, the Group generates about 43 percent of revenues from sustainable solutions, particularly those which improve energy efficiency in cars, planes, buildings or energy storage.
About Solvay Commitments:
Demographic shifts, resource scarcity, evolving consumer behavior, faster innovation… Our planet is facing major issues. We believe innovative chemistry holds the sustainable solutions for future generations.
Logo Business solution target
Thanks to Solvay’s “Sustainable Portfolio Management” (SPM) analysis tool, the Group identify opportunities where of its innovation and business portfolio addresses the challenges of sustainable development. With a strong Life Cycle thinking focus, it combines an analysis of Solvay’s product environmental footprint and the needs for sustainability in the market place.
