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
8,669
Sector
Materials
Industry
Chemicals
Sub-industry
Diversified Chemicals
SASB industry
Chemicals
Headquarters
Belgium
Share classes
SLVYY
ADR
SOLB.BR
Description
Solvay SA provides basic and performance chemicals worldwide. The company engages in the production of sodium carbonate or soda ash that is used in glass for building, solar panels, glass containers, packaging, lithium-ion batteries for electric vehicles, and for detergents and chemicals; and sodium bicarbonate that serves food and animal feed, flue gas treatment, and healthcare. It also offers hydrogen peroxide that is used for bleaching, decontamination, disinfection, and antiseptic purposes in industries, including pulp and paper, textile, water, and food, as well as well as in semiconductors, photovoltaic, urban mining, and battery sectors; and serves as an intermediate to produce chemicals, such as propylene oxide and caprolactam. In addition, the company provides precipitated silica, an essential component in applications in the tire, home and personal care, feed, and food industries; and solvents and polyamide chain products used in paintings, hygiene, and home care applications, as well as to produce phenol and derivatives which is used as intermediates to produce synthetic resins employed in foundries, construction, and abrasives. Further, it offers fluorine and rare-earth formulations for automotive, electronics, and various niche chemical and industrial applications. 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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