The first annual report reflecting Solvay's new scope highlights a year of
resilience and sustainable progress
Brussels, April 17, 2024 - 6:00 pm CEST - regulated information
Solvay today released its annual integrated report, which provides an overview
of the company's economic, environmental, and societal performance for 2023. It
details the Group's financial and extra-financial progress, governance,
remuneration and risk management practices.
This comprehensive document serves as a reference point for stakeholders to
understand the transition to Solvay's new governance, providing insight into its
vision, objectives, and the changes implemented to highlight the transformation
and strategic evolution of the company.
"Solvay's annual report highlights our solid financial performance, maintaining
our competitive position and progressing on our ambitious sustainability
targets," said Philippe Kehren, Solvay CEO. "Its title, Mastering the Essential,
sets the scene. This is who we are. Through the chapters, we explain our
businesses, we highlight our strengths, we explain how we will operate in the
future, and how convinced we are about the energy transition we are engaged in.
We are a 160-year old company, with strong foundations, and we embark on
Solvay's next chapter in our history with confidence."
The 2023 report is available on Solvay.com
(https://www.solvay.com/en/investors/annual-reports) where a downloadable
version in the ESEF format, as specified by the European Commission in the
Regulatory Technical Standard on ESEF (Regulation (EU) 2019/815), is also
available. Solvay also published its 2023 report on payment to governments. This
document is available in the Financials section
(https://www.solvay.com/en/investors/financial-reporting/financial-filings) of
Solvay's website.
Safe harbor
This press release may contain forward-looking information. Forward-looking
statements describe expectations, plans, strategies, goals, future events or
intentions. The achievement of forward-looking statements contained in this
press release is subject to risks and uncertainties relating to a number of
factors, including general economic factors, interest rate and foreign currency
exchange rate fluctuations, changing market conditions, product competition, the
nature of product development, impact of acquisitions and divestitures,
restructurings, products withdrawals, regulatory approval processes, all-in
scenario of R&I projects and other unusual items. Consequently, actual results
or future events may differ materially from those expressed or implied by such
forward-looking statements. Should known or unknown risks or uncertainties
materialize, or should our assumptions prove inaccurate, actual results could
vary materially from those anticipated. The Company undertakes no obligation to
publicly update or revise any forward-looking statements.
About Solvay
Solvay, a pioneering chemical company with a legacy rooted in founder Ernest
Solvay's pivotal innovations in the soda ash process, is dedicated to delivering
essential solutions globally through its workforce of over 9,000 employees.
Since 1863, Solvay harnesses the power of chemistry to create innovative,
sustainable solutions that answer the world's most essential needs such as
purifying the air we breathe and the water we drink, preserving our food
supplies, protecting our health and well-being, creating eco-friendly clothing,
making the tires of our cars more sustainable and cleaning and protecting our
homes. Solvay's unwavering commitment drives the transition to a carbon-neutral
future by 2050, underscoring its dedication to sustainability and a fair and
just transition. As a world-leading company with EUR4.9 billion in net sales in
2023, Solvay is listed on Euronext Brussels and Paris (SOLB). For more
information about Solvay, please visit solvay.com (http://www.solvay.com) or
follow Solvay (https://www.linkedin.com/company/solvay/) on Linkedin.
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