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ESG ratings and benchmarks

Sustainability is a core element of our vision and integral to our strategy. 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 existence as a company, we have perfomed well in ESG ratings and benchmarks. These results set us apart as a sustainability leader within the chemical industry.

The landscape of ESG ratings and benchmarks is growing rapidly and is increasingly fragmented. 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.

Due to this development it is not possible for us to actively participate in every single ESG rating and/or benchmark. 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.

Ratings and benchmarks for 2023/2024:

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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