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18

SUSTAINABILITY STATEMENT

SOLVAY

|

2015 COMPLEMENTARY ANNUAL REPORT

2

2. SOLVAY WAY’S APPROACH AND MANAGEMENT

2.2

Solvay Way: driving

improvement

The Solvay sustainability commitments and objectives are reviewed based

on progress, the evolution of standards and the needs of stakeholders and

lessons learned from self-assessments, internal and external audits and

exchanging ideas about best practices.

Solvay Way is based on a reference framework divided into six stakeholders

(customers, employees, investors, suppliers, communities and the planet), to

whom the Group has made 22 commitments broken down into 49 associated

practices. This reference framework helps each Solvay entity to conduct

yearly self-assessments of its practices in order to identify its strengths and

weaknesses and to develop an appropriate improvement plan.

Each year, all Solvay production sites, business units and research centers,

industrial, purchasing, finance, legal, public affairs, strategy and human

resources departments assess their practices in terms of corporate social

responsibility.

SOLVAY WAY:

OUR SUSTAINABILITY APPROACH

LAUNCH

DEPLOYMENT

MATURITY

PERFORMANCE

Customer

Responsible

product

management

Environmental

impact

management

Health, safety

and social

dialogue

Compliance with good

management

and governance practices

CSR criteria

on the purchasing

process

Local solidarity

and community

development

Communities

Employees

Suppliers

Planet

Investors

1

2

3

4