The 5x5 matrix: the strategic framework of the Solvay group Policy & Strategy on Sustainable Development, taking into account all stakeholders.
The 5x5 matrix defines the fields of action for each of the stakeholders with respect to the strategic issues of Solvay.
This structuring framework is used to assess the risks associated with our activities and to identify opportunities to create real new values for the enterprise and its stakeholders.
For each stakeholder, the 5x5 matrix allows to:
identify the critical challenges and set up the priorities
identify the opportunities of actions
use performance indicators
The two dimensions of the 5x5 matrix are:
5 major issues defined in the Group Vision Statement
Acting as an ethical and good citizen company
Applying efficient management methods
Making products that are sustainable, profitable and with growth potential
Implementing a wordwide industrial strategy
Respecting mankind, the environment and the community