Pittsburgh, PA,
02
September
2025
|
14:00
Europe/Amsterdam

Covestro celebrates 10 years of making the world a brighter place

Summary
  • Covestro employees to volunteer up to 15,000 hours in 2025 to celebrate the company’s 10th anniversary
  • Company to match by donating 150,000 meals 
20250902-covestro-celebrates-10-years


PITTSBURGH, September 2, 2025 — Covestro, a world-leading supplier of high-tech polymer materials, celebrated its 10th anniversary on September 1st, marking a decade of innovation, sustainability leadership and community engagement since its separation from Bayer in 2015. 

To celebrate the occasion, the company, whose purpose is to make the world a brighter place, launched an employee driven volunteerism campaign, dubbed 10 for 10. The 10 for 10 program encouraged employees across the Americas region to give back in their local communities through volunteering with non-profit organizations. The goal - providing 10,000 hours of volunteerism between January 1st, 2025, and the company’s tenth anniversary on September 1st. For every volunteer hour logged, Covestro will donate 10 meals through Feeding America and the Global FoodBanking Network. 

Covestro employees exceeded the 10,000-hour goal nearly two months ahead of schedule, prompting the company to extend the campaign by an additional 5,000 hours through the end of 2025. Covestro will continue donating 10 meals per hour of volunteerism, ultimately providing 150,000 meals for people facing hunger when the new hourly goal is reached. 

"Our people are the heart of Covestro. Their passion and sense of purpose, exemplified by their commitment to volunteerism, drives the spirit of innovation that sets Covestro apart and makes us a steward in our communities and a partner of choice for our customers,” said Samir Hifri, chairman and president of Covestro LLC. "Our 10th anniversary milestone represents both Covestro’s journey as a company and our dedication to our stakeholders, from the communities where we reside to our customers and partners.” 

Covestro focuses on customer-centric innovation, refining its product portfolio to meet customer demands and co-creating solutions for industries from construction and automotive to electronics, healthcare and beyond. It also continues expanding its product offerings to include more sustainable materials that enable customers to advance their own sustainability journeys. 

As Covestro enters its second decade, the company remains committed to its vision to become fully circular and its climate neutrality goals, aiming to achieve operational climate neutrality by 2035 while continuing to develop solutions that address customers' evolving needs. 

"These past ten years have shown what's possible when customer-focused innovation meets purpose," added Hifri. "We look forward to continuing our journey of creating more sustainable solutions that serve our customers while making meaningful contributions to the communities we call home." 

Boilerplate

About Covestro: 
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, telecommunications and health, as well as in the chemical industry itself.

The company is geared completely to the circular economy. In addition, Covestro aims to achieve climate neutrality for its Scope 1 and Scope 2 emissions by 2035, and the Group’s Scope 3 emissions are also set to be climate neutral by 2050. Covestro generated sales of EUR 14.2 billion in fiscal year 2024. At the end of 2024, the company had 46 production sites worldwide and employed approximately 17,500 people (calculated as full-time equivalents).

Forward-Looking Statements 
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.