Covestro

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Covestro is one of the world’s leading manufacturers of high-quality polymer materials and their components. With its innovative products, processes and methods, the company helps enhance sustainability and the quality of life in many areas. Covestro supplies customers around the world in key industries such as mobility, building and living, as well as the electrical and electronics sector. In addition, polymers from Covestro are also used in sectors such as sports and leisure, cosmetics and health, as well as in the chemical industry itself.

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3.6

Overall Excellence Rating

Industry

Manufacturing

Category

Chemical Manufacturing

ESG/Ethical Impact

Covestro is fully committed to sustainability, as shown in our purpose “to make the world a brighter place. This is underscored by our vision, “We will be fully circular,” as well as by the Group’s Sustainable Future strategy, which has “Drive Sustainable Growth” and “Become Fully Circular” as strategic chapters. We set sustainability targets as early as in fiscal 2016 and continually adapt these targets in line with our strategy and vision. We announced in the year 2022 that we would reach net-zero emissions* by the year 2035 in our own production and in the provision and use of energy produced outside the company at all environmentally relevant sites. We integrate sustainability into our business activities, while at the same time ensuring that we deal with related topics and issues of greatest relevance to us and our stakeholders. In addition to our responsibility for the environment, we also want to fulfill our social responsibility within society in accordance with our purpose. This is why we strive to add value at the social, environmental, and economic levels. Our decisions and our actions take into account the three dimensions of sustainability: people, planet, and profit (PPP). This is to ensure that every decision, every action we take, and the resulting consequences are considered holistically, that is, throughout the entire value cycle. Against the backdrop of our commitment to sustainability, the SDGs are critically important to us as a guideline for improving living conditions worldwide. The SDGs serve primarily as a source of direction and inspiration for innovation and as a guide for the future positioning of the company.

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Awards Received

2023

Revenues

$20,000,000,000.00

Website Traffic

Employee Rating

3.8

Customer Rating

4.1

Company Size

10000+

ESG Risk Rating

3

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