Solvay

Belgium, Texas
Materials

Corprate Bias Ratings

Risk Level:

Rating - Caution
Medium Risk

Solvay does not provide viewpoint protections for employees, though the company has not publicly terminated business relationships due to views or beliefs. Solvay has engaged in Pride-related advocacy on its site and repeatedly emphasized its heavy focus on DEI strategies. Solvay has also joined multiple WEF coalitions that advocate for climate-related legislation worldwide. Solvay has partnered with Out & Equal and GenderCool to promote gender-affirming policies. However, the company has not discriminated against religious organizations in its charitable giving or used its PAC spending for ideological purposes. For these reasons, Solvay receives a Medium Risk rating.

Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level
Rationale

Solvay has not publicly fired customers, suppliers, or vendors based on political views or religious beliefs.

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level
Rationale

Solvay does not have a written rule against donating to religious organizations that engage in nonsectarian community work (1).

Criteria

Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.

Risk Level
Rationale

Solvay does not provide viewpoint protections for its employees (1).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level
Rationale

Solvay has advocated for LGBTQ Pride-related causes on its corporate blog (1). Solvay has thoroughly integrated DEI into its overall ESG strategy, stating that, “DEI should be treated with the same urgency as the global climate crisis” (2)(3). Solvay is a member of numerous World Economic Forum communities that advocate for climate-related legislation, including the Paris Climate Agreement (4).

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

Solvay is a copper sponsor of Out & Equal (1)(2). Solvay is also a Silver Corporate Partner of GenderCool, which engages in workplace advocacy for a variety of issues, including “affirming” healthcare options for “transgender youth” (3)(4).

Criteria

Uses corporate political contributions for ideological, non-business purposes.

Risk Level
Rationale

Solvay has not used its PAC donations for ideological purposes (1)(2).

All links were last accessed and all information was updated on:
October 21, 2023

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