Solvay integrates sustainability-linked features in all short-term liquidity reserves

Core Points - Solvay has amended its €1.1 billion multilateral revolving credit facility and €0.3 billion bilateral revolving credit facilities to include sustainability-linked features, aligning with its For Generations roadmap and commitment to reducing greenhouse gas emissions [1][2] - The amendments link the company's borrowing costs to its climate goals, specifically targeting ambitious greenhouse gas emission reduction targets across Scope 1, 2, and 3 emissions [2] - The CFO of Solvay emphasized that integrating sustainability into the financing strategy enhances the company's focus on climate change, a key aspect of its For Generations strategy [3] Company Overview - Solvay is a pioneering chemical company with a history dating back to 1863, employing around 9,000 people and generating €4.7 billion in underlying net sales in 2024 [5] - The company is committed to delivering innovative and sustainable solutions that address essential global needs, including air and water purification, food preservation, health protection, and sustainable materials [5] - Solvay aims for a transition to a carbon-neutral future by 2050, highlighting its dedication to sustainability and a fair transition [5]