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Annual Report 2021: Pioneering the Future

Covestro is optimally positioned to actively shape the future. Read about the results of our fiscal year 2021, discover stories behind the numbers and find further information about Covestro.

Annual Report

Climate Neutrality: Setting ambitious targets

Here comes a further milestone in becoming fully circular: Covestro aims to become climate neutral. Learn more about our path to achieve net zero greenhouse gas emissions for scope 1 and scope 2 by 2035.

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Solutions

  • Solutions

    Materials

    Materials that make the world a brighter place.

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  • Solutions

    Industries

    Solutions for every day life.

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  • Cases

    Case study gallery

    Browse to your heart´s content through all of our current case studies.

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Hot topics

  • Circular Economy

    Renewable Energy

    Wind and sun: Clean energy must power the Circular Economy.

  • Innovation

    My Future City

    Construction and Urbanization – We push the boundaries of materials to build cities of the future.

  • Case study

    Makrolon® AG front hood

    Toyota chose transparent Makrolon® AG polycarbonate for a car hood that changes from a black panel into a colorful display.

  • Story

    2K clear coat capsule Dockit® – time to shine

    Easy paint preparation with the Dockit® 2K clear coat capsule Dockit® – for more efficiency and glossy paint results.

Media

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  • Corporate News

    Reducing the carbon footprint of footwear production

    Successful cooperation with textile and yarn technology companies in China

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  • Corporate News

    Covestro helps refugees from Ukraine with targeted donations

    UN refugee aid (German partner organization of UNHCR) gets EUR 250,000 Local charities in Slovakia and Poland receive additional EUR 40,000 Further humanitarian commitment is being prepared

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  • Materials & Industries

    Covestro expands its polycarbonate compounding operations in India

    Rising demand for refined plastics in Asia-Pacific

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  • Corporate News

    Covestro aims for climate neutrality

     Ambitious target: Net zero1 emissions by 2035 for scope 1 and scope 2  60% reduction in greenhouse gas emissions by 2030   Every product to be offered in a climate neutral version in the future with major products already on offer today 

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  • Corporate News

    Strong full year 2021 for Covestro

    Core volumes sold up by 10%Group sales total EUR 15.9 billion (+48.5%)EBITDA more than doubles (>100%) to EUR 3.1 billionFree operating cash flow increases to EUR 1.4 billion (>100%)Highest dividend in the Group’s history proposed: EUR 3.40Climate ne…

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  • Global

    Press Kit: Full Year 2021 Results and Covestro Annual Press Conference

    Find all documents at a glance here: Our press release on the results for fiscal 2021, the presentation of the Annual Press Conference, the link to our Annual Report 2021 as well as images and further information.

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  • Global

    Covestro resolves on share buyback program with volume of approx. EUR 500 million

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  • Corporate News

    Covestro launches climate neutral¹ MDI

    New MDI grades are climate neutral from cradle to factory gate1Products already available for construction, cold chain and automotive applicationsDrop-in solution with consistent product quality

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  • Corporate News

    Covestro supports circular material solutions for smartphones

    Use of partly recycled thermoplastic polyurethanes and polycarbonatesMaterial solutions reduce greenhouse gas emissionsIn line with Fairphone's modular design philosophy

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  • Global

    Covestro becomes sole owner of Japan Fine Coatings Co., Ltd.

    Purchase of JSR Corporation’s remaining 30 percent share in the joint venture Japan Fine Coatings Co., Ltd.Business activities including production and R&D in Japan to be continuedFiber optical market with strong potential due to 5G roll-out

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  • Global

    Fortescue Future Industries and Covestro announce plans to enter a long-term green hydrogen supply agreement

    Fortescue Future Industries intends to supply green hydrogen and its derivatives including green ammonia to CovestroFFI will supply up to 100,000 tonnes of green hydrogen equivalent per year, starting as early as 2024

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  • Corporate News

    Covestro signs first global agreement to supply mass-balanced TDI to Sinomax

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  • Materials & Industries

    Covestro and EnBW sign long-term purchase agreement for solar power

    First power purchase agreement for “Weesow-Willmersdorf”, Germany’s largest solar farm Purchase of 63 megawatts for 15 years from 2022 Renewable energy to power the production of more sustainable plastics

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  • Corporate News

    Covestro starts offering the world's first climate- neutral* polycarbonate

    Selected Makrolon® RE grades are climate-neutral* from cradle to gate Drop-in solution with constant product quality A major step towards meeting climate and sustainability targets

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  • Corporate News

    Covestro awarded for effective climate protection

    Group receives excellent CDP "A-" rating Good performance and transparent communication endorsed Announcement of climate neutrality target planned for the first quarter of 2022

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We don’t say it’s easy. But possible.

Positivity for a sustainable target: operational climate neutrality by 2035. Our path to this will be a challenge – a challenge that we are willing to take.

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„Material Stories“ –
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Your career at Covestro

Current job openings at our locations

From Leverkusen to Shanghai and entry level to expert positions, we offer a range of possibilities for every career path.

Take the next step in your career with us.

Find your perfect role

Visit our career page

Curious how high-tech polymers fit into your career? Explore our unique offerings, areas of work and entry-level opportunities.

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Our formula for successful teamwork

Bringing people together from different countries and backgrounds who share the same goals – that’s one of our keys to developing innovative solutions.

We believe in acting as a truly responsible business. And that includes how we treat our employees.

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