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UN Sustainable Development Goals

The SDGs are at the heart of our growth strategy

Our approach towards the UN Sustainable Development Goals

In 2015 the 193 UN countries committed to mobilize efforts to end all forms of poverty, fight inequalities and tackle climate change, while ensuring that no one is left behind.

Covestro explicitly advocates the comprehensive and global approach of the SDGs. As a world-leading supplier of high-tech polymer materials we are able to make a significant contribution to overcoming some of the world’s biggest challenges and work on solutions to tackle them. We want to push boundaries to make the world a brighter place by addressing the SDGs.


"The seventeen Sustainable Development Goals (SDGs) are our shared vision of humanity and a social contract between the world's leaders and the people (...). They are a to-do list for people and planet, and a blueprint for success."

Ban Ki-moon, 8th Secretary-General of the United Nations

We understand that the SDGs are deeply interrelated and therefore adopt a holistic approach to them without making compromises. We are aware that we bear a special responsibility, especially with regards to potential challenging issues. We strategically set the path to broaden our positive impact on the SDGs. With this, we also consciously include SDGs that are less obvious to our industry. We want to find solutions that make the world a brighter place and spur innovation.

SDGs as part of our company policy

We have six essential principles that guide how we think and act (our six company policies). These six policies form the basis of living up to our company vision and mission and all further internal guidelines are derived from them. In our Sustainability Policy we commit ourselves “to finding ways of contributing towards reaching the SDGs”, thereby forming the base of “SDG application” in our management system.

SDGs as part of our non-financial goals and driver for innovation

Our five ambitious non-financial goals are derived from the SDGs and have a positive impact on all 17 to differing degrees. With our innovation-related goal we are pushing boundaries by directly targeting the SDGs with our research and development projects. We have set ourselves the following goal: “Our project portfolio is aligned with the United Nations Sustainable Development Goals.” By 2025, 80% of our Research & Development project spending will be targeted in areas that specifically contribute to achieving the SDGs, either in partnerships with or endorsed by recognized institutions.

Covestro’s current contribution to the SDGs and our commitment

Covestro contributes to all 17 SDGs to differing degrees and in different areas. Most of our current positive contributions to achieving the SDGs relate to our core products, which, among other aspects, help to save large amounts of energy in their use phase, allow technical upgrading or are used in medical applications. These SDGs are also supported by our current R&D projects.

Through our HSEQ, HR, Product Safety and Compliance standards, our energy efficiency programs, water risk and waste management activities, innovation and ongoing technological upgrading in our production facilities we are also contributing to the SDGs in our direct area of influence. Furthermore, we consider our responsible supplier management and collaboration with value chain partners to leverage sustainable development as a contribution to SDGs. Our contributions to the SDGs that have a social focus primarily lay in our business ethics, social engagement and Inclusive Business activities.

We are convinced that we can only be successful by working in partnership with others. Many of our activities are therefore conducted through partnerships or consortia.

A

Core business products

B

Internal workflows, business ethics, production

C

Inclusive Business

D

Social engagement

E

Research and development projects (size of contribution not rated)

We are committed to further develop innovative solutions – efficiently, economically and sustainably, while living up to our responsibility as a chemical company. We are committed to finding solutions for the great challenges of our age – driven by and addressing the UN Sustainable Development Goals.

Examples for our current contribution

We already contribute to all 17 SDGs. We have several solutions that positively impact the goals. Below you find a selection of one Covestro example for a positive contribution to each SDG.

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Inclusive Business
Covestro improves the lives of low-income populations with innovative solutions
Renewable Raw Materials
We are now able to derive aniline, a main component in insulating foams, completely from renewable raw materials
Beyond Carbon
Covestro is transforming CO2 into a useful raw material
Pushing Boundaries
Our materials that make the world a brighter place
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