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ESG ratings and benchmarks

Sustainability powers our vision and drives our strategy forward. We align all our business activities to principles of sustainability and consider sustainability as an important business driver. This is reflected in the recognition we receive in Environmental, Social and Governance (ESG) ratings and benchmarks.

Since our founding, Covestro has consistently achieved strong performance in ESG ratings and benchmarks. These results set us apart as a sustainability leader within the chemical industry.

The ESG rating landscape is expanding rapidly, becoming increasingly diverse and complex. ESG ratings and benchmarks differ in scope, weighting, and measurement, resulting in divergent ratings for the same ESG topic. The World Business Council for Sustainable Development (WBCSD) highlights that there are over 600 individual ESG ratings and benchmarks with over 2,000 ESG indicators.

Given this complexity, we strategically select which ESG ratings and benchmarks to prioritize. Aligned with the interest of our stakeholders, we participate only in those that are most valuable to us and our stakeholders. We reassess our prioritization at recurring intervals.

Our current ESG performance highlights our commitment to sustainable business practices.

Ratings and benchmarks for 2024/2025

ESG Rating/Index Score Last Update
CDP Climate A- (Leadership-Level) February, 2024
FTSE4Good Listed June, 2025
MSCI ESG AA (Leader) June, 2025
Sustainalytics ESG Rating 26.7 Points July, 2025
EcoVadis Rating 71/100 Points (Silver-Status, valid until 2028) February, 2025

CDP Climate Change

CDP Climate Change – Disclosure Insight Action

In February 2024 we have been assessed with an excellent A- by CDP for our climate strategy and protection measures. CDP specifically recognized our achievements in the categories, “Opportunity Disclosure”, “Risk Disclosure”, “Risk Management Processes” and “Scope 1 and 2 (incl. verification)”. We achieved the highest score in each of these areas, placing us ahead of the industry average.

EcoVadis CSR

The independent rating agency EcoVadis evaluates suppliers from more than 185 countries in the categories environment, labor and human rights, ethics and sustainable procurement.

In the latest 2024/2025 assessment, Covestro achieved Silver status with 71/100 points. This places Covestro among the top 10% within the chemical industry. In total, more than 125,000 companies were assessed with an average score of 51.6 (Status: 2023).

The next re-assessment will take place in 2027 and the updated score will be available in 2028.

As a member of the Together for Sustainability (TfS) initiative, Covestro takes part in a re- assessment every three years. Please find more here.

If you have any questions, please contact your direct account manager.

FTSE4GOOD Index

FTSE4Good

Covestro has been listed in the FTSE4Good Index Series since 2016. In 2025, Covestro is again listed in the Index Series. The FTSE4Good Index Series evaluates ecological, social and ethical aspects of corporate governance on an annual basis. Only companies that meet strict ESG criteria, transparently manage and regularly assess their ESG practices are included in the indices.

Certification of Membership

MSCI ESG

MSCI ESG Rating "AA"

In 2025, Covestro was awarded an AA (Leader) in the MSCI ESG Rating, on a scale from AAA (Leader) to CCC (Laggard). Within the Specialty Chemicals sector, Covestro is among the top 20% of all companies rated.

DISCALIMER STATEMENT
THE USE BY COVESTRO OF ANY MSCI ESG RESEARCH LLC OR ITS AFFILIATES (“MSCI”) DATA, AND THE USE OF MSCI LOGOS, TRADEMARKS, SERVICE MARKS OR INDEX NAMES HEREIN, DO NOT CONSTITUTE A SPONSORSHIP, ENDORSEMENT, RECOMMENDATION, OR PROMOTION OF COVESTRO BY MSCI. MSCI SERVICES AND DATA ARE THE PROPERTY OF MSCI OR ITS INFORMATION PROVIDERS, AND ARE PROVIDED ‘AS-IS’ AND WITHOUT WARRANTY. MSCI NAMES AND LOGOS ARE TRADEMARKS OR SERVICE MARKS OF MSCI.

Sustainalytics ESG Rating

Morningstar Sustainalytics’ ESG Risk Ratings

Morningstar Sustainalytics’ ESG Risk Ratings measure a company’s exposure to industry-specific material ESG risks and how well a company is managing those risks. This multi-dimensional way of measuring ESG risk combines the concepts of management and exposure to arrive at an assessment of ESG risk, i.e., a total unmanaged ESG risk score or the ESG Risk Rating, that is comparable across all industries. Sustainalytics’ ESG Risk Ratings provide a quantitative measure of unmanaged ESG risk and distinguish between five levels of risk: negligible, low, medium, high and severe. Learn more about the ESG Risk Ratings here.

As of July 2025, Covestro received an ESG Risk Rating of 26.7 from Morningstar Sustainalytics and was assessed to be at medium risk of experiencing material financial impacts from ESG factors. In no event the rating result shall be construed as investment advice or expert opinion as defined by the applicable legislation.

Copyright ©2025 Sustainalytics, a Morningstar company. All rights reserved. This section includes information and data provided by Sustainalytics and/or its content providers. Information provided by Sustainalytics is not directed to or intended for use or distribution to India-based clients or users and its distribution to Indian resident individuals or entities is not permitted. Morningstar/Sustainalytics accepts no responsibility or liability whatsoever for the actions of third parties in this respect. Use of such data is subject to conditions available at https://www.sustainalytics.com/legal-disclaimers.

Covestro believes that convergence towards a single set of ESG indicators is urgently needed.

Please find our Principal Adverse Impact Indicators as well as further ESG KPIs and information on purely financial valuations at Financial Documents & Presentations | Covestro | Covestro AG.

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