Solvay is rolling out a new initiative to track the company's carbon travel footprint, raise funds to support Group sustainability projects and build awareness around responsible and sustainable travel.

The initiative aims to highlight every employee's individual carbon footprint.

Since 2019, Solvay has reduced its overall carbon usage linked to air and rail travel by nearly 70%, due in large part to the COVID-19 pandemic, but also to the implementation of Solvay's New Way of Working, where digital tools have made virtual visits easily accessible to all. The Group is now focused on sustaining these new behaviors and minimizing the company's travel carbon footprint by scheduling fewer in-person meetings, reducing the number of international flights, suppressing one-day air trips and recommending switching from business to economy class or from air to rail when those alternatives exist. These measures are emphasized as a way to raise awareness about everyone's individual carbon footprint.

Tracking Solvay's travel footprint will ultimately finance a fund to be used for sponsoring sustainability projects with a carbon-offset focus wherever feasible. Global business units will contribute a monetary amount based on the entity's travel footprint calculated at EUR100 per ton of CO2. That amount will be charged to each entity and transferred to the Group Travel Carbon Contribution Fund.

About Solvay

Solvay is a science company whose technologies bring benefits to many aspects of daily life. With more than 21,000 employees in 63 countries, Solvay bonds people, ideas and elements to reinvent progress. The Group seeks to create sustainable shared value for all, notably through its Solvay One Planet roadmap crafted around three pillars: protecting the climate, preserving resources and fostering a better life. The Group's innovative solutions contribute to safer, cleaner, and more sustainable products found in homes, food and consumer goods, planes, cars, batteries, smart devices, health care applications, water and air purification systems. Founded in 1863, Solvay today ranks among the world's top three companies for the vast majority of its activities and delivered net sales of EUR10.1 billion in 2021. Solvay is listed on Euronext Brussels and Paris (SOLB).

Contact:

Nathalie van Ypersele

Tel: +32 478 20 10 62

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