Letter to Solvay asking to stop sea water pollution at Rosignano (Italy)

1 member

Summary

Bluebell Capital Partners is working to form a coalition of stakeholders, to apply concerted pressure on the Board of Directors of Solvay S.A., to commit to ceasing the discharge on the shore of Rosignano (Italy) and subsequently into the Mediterranean Sea, of up to 250,000 tons p.a. of suspended solids from its soda-ash factory.

Business case

Solvay’s shareholder, Bluebell Capital Partners (which holds only one share), is working to help form a coalition of stakeholders, to apply concerted pressure on the Board of Directors of the Belgian chemical company Solvay S.A., to ceasing the discharge on the shore of Rosignano (Italy) and subsequently into the Mediterranean Sea, of up to 250,000 tons p.a. of suspended solids, containing approximately 30 tons p.a. of heavy metals. This process, which has continued largely unchanged for over a hundred years, has led to the formation of an artificial beach known as the ‘white beaches’.

 

This collaboration is fully compliant with UN Sustainable development goals N. 14 (Conserve and sustainably use the oceans, seas, and marine resources for sustainable development) and target 14.1 (By 2025, prevent and significantly reduce marine pollution of all kinds, particularly from land-based activities, including marine debris and nutrient pollution).

 

Please sign the form using this link to join this coalition by endorsing the enclosed letter from Bluebell Capital Partners to Solvay. We hope, and expect, this group to consist of a variety of investor types, plus other stakeholders including employees, unions, faith-based organizations, foundations, endowments, environmental groups, customers and others who intend to pursue Solvay to stop discharging vast amounts of by-products from its soda-ash industrial process, directly on the Rosignano shore and subsequently into the sea.  We would also demand that Solvay S.A.  adopts in Rosignano, the same Best Available Techniques (BATs) – namely, the use of settling ponds where suspended solids are filtered - that the company has already adopted in all its other European soda-ash production sites.

 

Please provide your name, organization, email, and $AUM (Assets Under Management), if applicable.  Bluebell Capital Partners will deliver this letter to the Solvay S.A. Board and keep you appraised of any updates. We kindly request that you forward this invitation to your colleagues and network.  For any request for information, or communication, please write to info@bluebellcp.com

Collaboration details

Type
Investor statement or letter
Status
Open To Join
ESG theme
  • Environment
Created on
Geography
Global