International chemical and fibres group Solvay has committed to reducing the CO2 intensity of its activities by 40% by 2025 as part of a set of new sustainable ambitions under its growth strategy.

By 2025, Solvay aims to reduce the greenhouse gas emissions of its operations by stepping up its SolWatt energy efficiency programme, continuously optimising its industrial processes, developing clean technologies and increasing the share of renewables in its energy production and supply. 

In addition, from the beginning of next year Solvay will apply an internal price for CO2 emissions at EUR25 per tonne, to take into account climate challenges in its investment decisions.

"At Solvay we are driven by trust in progress, promoting science and the on-going concern for responsibility" said CEO Jean-Pierre Clamadieu. "The challenge of more sustainable development is just as much an opportunity for us to invent tomorrow's world."

The company produces a number of solutions for the textile and apparel industry, including the Amni, Emana, Rhodia and Stabamid fibres, and its Diofan PVDC, Fluorolink PFPE, Hyflon PFA/MFA, and Polymist PTFE fabric coatings. 

Solvay is hoping to generate 40% of revenues with solutions addressing the challenges of sustainable development by 2025. The company will use its 'Sustainable Portfolio Management' analysis tool to identify opportunities in this field.

It is also aiming to raise the commitment of it employees to 80% from 75% in 2015. "The men and women who work at Solvay are the group's most important asset," the company said.