Solvay - 1792 Exchange

Rating Overview

Solvay is Medium Risk.

Solvay often yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. Solvay occasionally embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues at times. This approach fails to safeguard free exercise, free speech, and free enterprise.

Rating Criteria

Corporate Weaponization Risk Levels
Criteria	Risk Level
Cancellations	Lower Risk
Discriminatory Philanthropy	Lower Risk
Employment Protection	Medium Risk

Corporate Weaponization ⓘ

Corporate Governance and Public Policy Risk Levels
Criteria	Risk Level
Advocacy Bias	High Risk
Funding	High Risk
Political Actions	Lower Risk

Corporate Governance and Public Policy ⓘ

Rating Criteria Detail

Criteria Risk Level Rationale

Corporate Weaponization

Criteria:

Has canceled 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:

Lower

Rationale:

Solvay has not publicly canceled customers, suppliers, or vendors based on political views or religious beliefs (1).

Criteria:

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

Risk Level:

Lower

Rationale:

Solvay does not appear to discriminate against charitable organizations based on views or beliefs. Solvay’s charitable giving focus areas are “STEM education, scientific progress, and sustainable development” (1).

Criteria:

Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.

Risk Level:

Medium

Rationale:

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

Corporate Governance and Public Policy

Criteria:

Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.

Risk Level:

High

Rationale:

Solvay supports DEI and ESG within its business practices. From its Inclusive Workplace page: “Solvay’s commitment to DEI is deeply embedded in our company ethos” (1). From its 2025 Annual Integrated report: “The ESG Committee was created in 2021…Over the course of the financial year 2025, the ESG Committee…Provided recommendations to help the Board of Directors steer the overall sustainability program “For Generations” and more specifically on the following
topics: safety, climate change mitigation, pollution, sustainable business transition and responsible value chain” (2).

Criteria:

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

Risk Level:

High

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). Otherwise, there are no publicly known cases of Solvay using corporate funds to advance ideological causes, organizations, or policies (5).

Criteria:

Uses corporate political actions and/or financial contributions for ideological, non-business purposes.

Risk Level:

Lower

Rationale:

Solvay has not used its PAC donations or lobbying for ideological purposes (1)(2)(3).