Question: What are the total environmental protection expenditures and investments of the company?
Answer:
807M
USD
3488556
Global Reporting Initiative
Solvay
2017
Verified by Steward check_circle
updated about 6 years ago by Pam O'Connor

p. 251 of the Annual Integrated Report states a figure of 702mil euros. This has been converted into US$ at a rate of 1:1.15.

Pam O'Connor.....2018-04-21 05:59:49 UTC

"Environmental provisions

mines and drilling operations to the extent that legislation and/

or operating permits in relation to quarries, mines, and drilling

operations contain requirements to pay compensation to third

parties. Most of these provisions, based on local expert advice,

can be expected to be used over a 1-20 year horizon and

amount to €139 million,

the dismantling of the last mercury electrolysis activities, which

should be completed by the end of 2019. The remaining

provisions related to those activities will be used for

contamination of soil and for groundwater management,

mostly over the next 20 years,

lime dikes (settling ponds related mainly to soda ash plant) ,

dump at sites and third party dump sites (linked to several

industrial activities). These provisions have a horizon of 1 to 20

years, and

various types of pollution (organic, inorganic) coming from

miscellaneous chemical productions; these provisions mainly

cover discontinued activities or closed plants. Most of these

provisions have a horizon of 1 to 20 years.

"

Richard Mills.....2018-07-11 11:06:54 UTC