Covestro is a member of the UN Global Compact, among other initiatives, and is also active in econsense, a forum for sustainable economy. We are also involved in social projects such as “Habitat for Humanity”, an aid project that helps provide homes as part of disaster relief and development work. Together with customers and charitable and governmental organizations, we endeavor to find solutions using our materials that prevent food from spoiling, improve the hygiene situation in rural or poorer regions of the world and provide affordable housing.
Decisions regarding partnerships and donation amounts across the world are made by those responsible for these areas in each region. The impact of the respective activity in terms of sustainability is a decisive factor for us.
Within the context of our voluntary work for the “Raise the Roof” project in the USA, Covestro donated 50,000 US dollars to “Habitat for Humanity
” in 2015.
Another donation of 300,000 US dollars was made to Robert Morris University in Pittsburgh in the US state of Pennsylvania. The money was intended for the construction of the Covestro Employee Engagement Institute (CEEI) that is aimed at intensifying the relationships between companies and local charitable organizations. In addition, Covestro provides financial support for the Greater Pittsburgh Community Food Bank which will go toward expanding its Backpack Program for the region over the next three years.
As part of a collaboration with “Habitat for Humanity” in India, the construction of five houses commenced in 2015 for people in need in the Delhi region. The homes were built based on a new method of construction and form the first phase of the sustainability project “UMMEED KI AWAAS” in aid of families with particular needs, such as HIV infection. As in other places in the world, efficient Covestro materials suitable for quick home construction are used here, such as wall panels with a core of polyurethane hard foam, which has excellent insulating qualities.
Another of our special partnerships is with the United Nations: Together with the UN Environment Program, Covestro has launched a global competition for young adults so that they can share their sustainable ideas for a more livable world and work together with others on this issue. The website for the initiative is now online and the competition will run from 22 April to 18 June.
The “Young Champions of the Earth ” initiative honors young people that advocate for the environment with passion and exceptional potential. It is an extension of the “Champions of the Earth
” program of the United Nations that honors excellent achievements from the past. In contrast, the new initiative focuses on potential future effects.
Covestro provides funding for sports associations, schools, and cultural events at the German sites in Brunsbüttel, Dormagen, Krefeld-Uerdingen, Leverkusen and Markt Bibart.
In partnership with the charitable organization United Way, Covestro collected donations in fundraising campaigns conducted at its American sites. The funds consist of personal donations made by employees, income from benefit events, and a financial corporate donation.
Covestro also partners with betterplace.org, a charitable organization supporting over 20,000 projects worldwide through donations and volunteer work. The projects range from aid for children, through environmental and animal protection to education and development aid projects.
Australia – “Soft Landing product stewardship”
In Australia, Covestro joined the Soft Landing product stewardship scheme which is designed to reduce the negative impacts of mattresses by implementing a closed recycling loop. Furthermore, the program creates jobs and training opportunities for people who have difficulty finding work in the open labor market.
Covestro has made a direct contribution to the UN sustainability goal “Affordable and clean energy” (UN SDG No. 7) by joining the World Alliance for Efficient Solutions, an organization aimed at initiating cooperations between start-ups, established companies, institutions and organizations in producing, implementing and using clean technologies. Covestro is a strategic committee member of the organization.
With our innovative technologies and solutions, we also pursue the goal of reaching 10 million people in underserved markets with Covestro products by 2025. This involves working with customers, government agencies and non-governmental organizations to develop affordable solutions to provide new business models and solutions based on our technologies and products aimed at improving the economic and social situation in these regions. Our focus in these efforts is on affordable living spaces, sanitary facilities and food security. All of these solutions must be scalable, i.e. they must be economically viable in the foreseeable future and cannot remain dependent on donations or subsidies over the long term.
Under the SunRise Initiative, for instance, there is a partnership with the German investment corporation, Deutsche Investitions- und Entwicklungsgesellschaft mbH (DEG). This sustainable business model makes it possible to contribute innovative solutions in a way that benefits people in developing and emerging economies.