Solvay rejoins Dow Jones Sustainability Index
The DSJI World was the first global index to track sustainability issues initiated by some of the world’s biggest companies, and has become a major incentive for many manufacturers and suppliers in the beauty and personal care industry, where sustainability is of vital importance.
This year Solvay made the list thanks to the meticulous approach to its Materiality Analysis, together with its Sustainability Portfolio Management methodology, which both contributed to the group’s overall achievement.
Two years of work pay off
Belgium-based Solvay is a global fine chemicals players with significant operations serving the cosmetics and personal care industry, for which it is involved in anti-oxidants and stablilizers, surfactants, fragrances and polymers.
"Solvay is very proud of this achievement which for us acknowledges how we have successfully integrated sustainability in the way we do business,” said Pascal Chalvon-Demersay, chief sustainability officer at Solvay.
“Sustainability is part of Solvay's overall performance as captured in the five quantified sustainability objectives we set two years ago to steer and monitor our progress. Today's good news stimulates us to improve further."
The company’s most recent sustainability report follows international protocol for businesses that want to reduce their carbon footprints, increase efficiencies and incorporate ethical work practices for employees.
Solvay’s five point plan aims to give back to society, innovate sustainable manufacturing solutions and act responsibly.
Those five objectives are:
- Involve Employees in Societal Action
- Increase Sustainable Solutions
- Reduce the Number of Accidents
- Reduce Greenhouse Gas Intensity
- Increase People Engagement.