Covestro AG 2020 Annual Report with Sustainability Disclosures
Company: Covestro AG
Sector: Manufacturing
Country: Germany
Year: 2020
Type: Annual Report with Sustainability Disclosures
Pages: 292
The report presents Covestro's 2020 strategy of becoming fully circular, supported by renewable energy, recycling, and alternative raw materials. It reports a 46.2% reduction in specific greenhouse gas emissions from the 2005 benchmark and says 51% of R&D project expenditure exceeded its SDG contribution threshold. Group-wide disclosures include 16,501 employees, 55,469 TJ of total energy usage, and 175 1,000 metric tons p.a. of waste generated. The report includes reasonable assurance over the nonfinancial statement and limited assurance over supplementary sustainability information.
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