Covestro aims for carbon-neutral booth at CIIE with more sustainable materials and carbon credits
Carbon emissions of booth estimated to be 30 percent lower per square meter
Under the theme of “Together for a climate-neutral future”, materials manufacturer Covestro is once again participating in the China International Import Expo (CIIE) this year. In order to deliver on its commitment to a circular economy and sustainable development, Covestro aims to achieve carbon neutral for its activities and booth during the CIIE – just as it did last year.
From November 5 to 10, the company will showcase its innovative and sustainable material solutions at several exhibition areas – Future Mobility, Clean Energy, Green Building and Sustainable Living – on a booth that’s about 70 percent bigger than last year’s. Covestro will also work with customers and key partners at the expo to organize a series of activities that promote joint development projects.
Covestro will recycle or reuse all exhibits and construction materials from the booth, and is using sustainable materials for its construction. For example, the low-carbon coating for the wooden structure of the booth contains Desmodur® CQ, a mass-balanced hardener from Covestro. It contains more than 30 percent of biomass and reduces CO2 emissions by more than 20 percent compared to fossil-based counterparts. In the mass balance approach, raw materials derived from biomass or waste are mixed with fossil-based materials and mathematically attributed to the finished products, thereby reducing greenhouse gas emissions. Meanwhile, Covestro is partnering with sustainable material and design company NANOxARCH® to further reduce its carbon footprint at the exhibition through low-carbon booth materials and design.
Beyond the booth, Covestro continues to encourage on-site staff and partners to practice low-carbon lifestyles, including traveling via public transportation, and more sustainable accommodation and catering. Live streaming will also be used for several events to increase engagement with off-site guests and the public.
The China Environmental United Certification Center (CEC) has helped Covestro to verify estimated greenhouse gas emissions across all phases of Covestro’s booth construction and event participation. The evaluation shows that although Covestro’s booth area is larger and features more exhibits than in 2021, greenhouse gas emissions per square meter are expected to be reduced by about 30 percent. The remaining carbon emissions will be offset by the purchase of carbon credits so as to achieve carbon neutrality.
To learn more about Covestro’s solutions for a climate-neutral future at the CIIE, visit its booth, 3C3-01, at the National Exhibition and Convention Center (Shanghai) from November 5 to 10, 2022.
Covestro is one of the world’s leading manufacturers of high-quality polymer materials and their components. With its innovative products, processes and methods, the company helps enhance sustainability and the quality of life in many areas. Covestro supplies customers around the world in key industries such as mobility, building and living, as well as the electrical and electronics sector. In addition, polymers from Covestro are also used in sectors such as sports and leisure, cosmetics and health, as well as in the chemical industry itself.
The company is committed to becoming fully circular and is striving to become climate neutral by 2035 (scope 1 and 2). Covestro generated sales of EUR 15.9 billion in fiscal 2021. At the end of 2021, the company had 50 production sites worldwide and employed approximately 17,900 people (calculated as full-time equivalents).
This news release may contain forward-looking statements based on current assumptions and forecasts made by Covestro AG. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Covestro’s public reports which are available at www.covestro.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.