Overall impact
C (47)

Commentary

Solvay is an average overall performer. With a 'C' rating of 47.3 for overall impact (36th percentile compared to all companies), Solvay ranks 15th out of 37 industry peers, behind Minerals Technologies, GelTech Solutions, Trecora Resources and 11 others, and ahead of Linde, Univar, ChromaDex and 19 others. On top material causes for Solvay's industry (Chemicals), Solvay performs well in Humane Treatment of Animals (83.9 score) and Lgbtq Equality (95.3) and performs poorly in Improved Mental Health (38.8 score), Reduced Waste (0.0), Sanitation Access (18.4) and 5 other causes where it received a 'D' or 'F' score.
Impact
Cause SOLB.BR
Peer rank
Overall impact

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Company
Employees
9,000
Sector
Materials
Industry
Chemicals
Sub-industry
Diversified Chemicals
SASB industry
Chemicals
Headquarters
Belgium
Share classes
SLVYY
ADR
SOLB.BR
Description
Solvay SA provides advanced materials and specialty chemicals worldwide. It operates through four segments: Materials, Chemicals, Solutions, and Corporate & Business Services. The Materials segment offers specialty polymers, including aromatic polymers, high barrier polymers, and fluoropolymers for the electronics, automotive, aerospace, and healthcare industries; and composite materials for aerospace engineered materials market. The Chemicals segment produces and sells soda ash and sodium bicarbonate primarily to the flat and container glass industries, as well as for use in detergents, pharmaceutical, and feed and food industries; hydrogen peroxide for use primarily in the paper industry to bleach pulp, as well as chemicals, electronics, food, mining, and environment; and dispersible silica for tire manufacturers; and solvent solutions, phenols and derivatives, polyamide derivatives and smart, functional, and sustainable yarns and polymers. The Solutions segment offers specialty chemicals for agro, home and personal care, coatings, and industrial markets; technology solutions in specialty mining reagents, phosphine-based chemistry, and solutions for the stabilization of polymers; fluorine and rare-earth formulations for automotive, electronics, agrochemical, and construction applications; and vanillin for the food, flavors, and fragrances industries, as well as value-added intermediates used in monomers and polymers, pharmaceuticals, agrochemicals, and electronics. This segment also provides various products for upstream oilfield chemicals sector, as well as sodium hypophosphite for metal plating and other applications; and PROBAN, a technological process that offers durable flame retardant properties to cotton-based textiles. The Corporate & Business Services segment provides energy and other business services. The company was founded in 1863 and is headquartered in Brussels, Belgium.
Material causes
Ethos considers the following causes material for Solvay, based on its industry sub-industry Diversified Chemicals. Learn more about material causes in our methodology overview.

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