Covestro

Sustainability Report and Carbon Intensity Rankings

Is Covestro doing their part?

Their DitchCarbon score is 69

Covestro has a DitchCarbon Score of 69, indicating a moderate level of sustainability in its operations. This score reflects the company’s efforts to manage its carbon intensity relative to its industry peers. A higher score would signify even greater success in reducing carbon emissions and enhancing sustainability.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Covestro is a company in the industrial manufacturing sector, which has a low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

Covestro, located in Germany, operates in a region with a medium carbon intensity rating. This indicates that the country’s energy mix and industrial practices have a moderate impact on the company’s sustainability efforts.
27.71%

...this company is doing 27.71% better in emissions than the industry average.

Covestro, founded in 2015 and headquartered in Leverkusen, operates within the industrial manufacturing sector. As a leading polymer producer with sales of EUR 11.9 billion in 2016, the company specializes in high-tech polymer materials and innovative solutions. Their products serve a diverse range of industries, including automotive, electrical and electronics, construction, and sports and leisure, with a global presence encompassing 30 production sites and a workforce of around 15,600 employees as of the end of 2016.

Good news, Covestro has embraced SBTi commitments for sustainability.

Covestro has established Science Based Targets initiative (SBTi) commitments to significantly reduce greenhouse gas emissions from their operations, aligning with the ambitious goal of limiting global warming to 1.5°C. These targets encompass direct emissions from their facilities and indirect emissions from purchased energy.

There’s always room for improvement,

DitchCarbon recommends...

Covestro should set definitive and attainable goals for reducing emissions by transitioning to renewable energy sources for all purchased electricity, heat, steam, and cooling, which could potentially lower their emissions by 30%.
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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.