Solvay has understood society's sustainability expectations. Thus we are consequently aiming at integrating sustainability within strategy with the SPM tool.
Forward thinking on strategic planning means:
1. Identify and prioritize the hot spots revealed by SPM
2. Define action plans to mitigate risks ans accelerate value capture from opportunities
3. Monitor progress yearly during strategic reviews of Business Head and COMEX
Key management processes (innovation, investment, acquisitions) all integrate mandatory reviews of the SPM profile ahead of decision-making.
As an example, in Solvay's innovation WEGO process, hundreds of innovation projects are scrutinized with SPM before any gate-crossing.
In 2015, revenues in Sustainable Solutions has grown by 33%.