Adhesives Mag logo
search
cart
facebook twitter linkedin youtube
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Adhesives Mag logo
  • NEW PRODUCTS
  • NEWS
    • Adhesives & Sealants Headlines
    • Mergers/Acquisitions
    • Events Calendar
    • Market Trends
  • TOPICS
    • Finished Adhesives and Sealants
    • Pressure-Sensitive Adhesives (PSAs)
    • Coatings
    • Raw Materials and Chemicals
    • Materials Handling/Processing
    • Meter/Mix/Dispense
    • Curing
    • Testing/Quality Control
    • Packaging of Adhesives & Sealants
    • Converting/Packaging
    • Composites
    • Sustainability
  • COLUMNS
    • European Perspectives
    • Strategic Solutions
    • Supply Chain Strategies
    • Tape Talk
  • TOP 20
  • MULTIMEDIA
    • Videos
    • Podcasts
    • Webinars
    • eBooks
  • EXPLORE
    • Adhesives in Action
    • Blog
    • ASI Store
    • Industry Links
    • Market Research
    • Classifieds
  • DIRECTORIES
    • Buyers' Guide
    • Global Adhesives & Sealants Directory
    • Raw Materials, Chemicals, Polymers and Additives Handbook
    • Equipment Handbook
    • Distributor Directory
  • EMAGAZINE
    • EMAGAZINE
    • ARCHIVE ISSUES
    • ADVERTISE
      • Custom Content & Marketing Services
    • CONTACT
  • SIGN UP!
NewsAdhesives and Sealants TopicsAdhesives & Sealants HeadlinesSustainabilityRaw Materials and Chemicals

CDP Awards Covestro for Transparency on Climate Protection Measures

Photo of confetti
December 28, 2022

Covestro has again been awarded an A- rating in this year’s climate protection ranking by the Climate Disclosure Project (CDP). Covestro received the highest possible grade A in four out of categories: “Business Strategy Financial Planning & Scenario Analysis,” “Scope 1 & 2 emissions (incl. Verification), “Governance,” and “Opportunity Disclosure.” Covestro's overall score makes it one of 24% of companies in the chemical industry peer group that received such a rating, and rates it higher than the average for this group, which is B-.

"We were able to maintain our A- rating in our second participation. A great result that we are proud of," said Markus Steilemann, Ph.D., CEO of Covestro. "The rating shows us that we are on the right track in driving climate protection forward, and that it is important to report transparently on our progress. Our ambitious climate targets underpin our claim. One thing, however, must be clear: climate protection must be viewed in terms of society as a whole. Only if we all contribute, we can achieve the Paris climate goals in the long term." 

CDP’s assessment is based on a scale from A to D-. The highest grade is awarded to companies that demonstrate a high degree of transparency in connection with actual climate protection performance. The CDP ranking is considered one of the world’s most renowned for environmental reporting and environmental management by companies. A total of almost 15,000 companies took part in this year’s rating. 

“Sustainability is not a nice add-on but a business crucial strategy. The interest in sustainability and how to become fully circular is high, not only amongst investors, but also among many other stakeholder groups, such as employees, customers and policy-makers,” said Lynette Chung, chief sustainability officer of Covestro. “Ratings provide guidance and assessment here. With our climate targets, we show that we are a pioneer in our industry. Our efforts in these areas have already been positively recognized in the CDP ranking and confirm our ambitions.”


For more information, visit: www.covestro.com.

KEYWORDS: general business resins and base polymers sustainability

Share This Story

Looking for a reprint of this article?
From high-res PDFs to custom plaques, order your copy today!

Recommended Content

JOIN TODAY
to unlock your recommendations.

Already have an account? Sign In

  • mouse in hole

    Using Foam Sealants for Pest Prevention

    According to the National Pest Management Association,...
    Adhesives and Sealants Topics
    By: Kevin Corcoran
  • linked network nodes

    Using the Power of AI for Adhesive and Sealant Formulation

    With the help of software solutions, adhesive formulators...
    Raw Materials and Chemicals
    By: Karen Parker
  • top20-hero.jpg

    2024 ASI Top 20: Leading Global Manufacturers of Adhesives and Sealants

    ASI's annual ranking of the top 20 global adhesive and...
    Pressure-Sensitive Adhesives (PSAs)
Subscribe For Free!
  • eMagazine Issues
  • eNewsletter
  • Online Registration
  • Manage My Preferences
  • Subscription Customer Service

More Videos

Popular Stories

Picture of Noelle Sieradzki

Mactac Announces Changes to Leadership Team

Picture of three men and one woman cutting a ribbon

H.B. Fuller Opens Adhesives and Sealants Facility in UAE

Picture of white beads of hot-melt adhesives

Henkel and Sasol Collaboration Helps Deliver Adhesives with Lower Carbon Footprint

ASI Top 20 website

Events

January 1, 2030

Webinar Sponsorship Information

For webinar sponsorship information, visit www.bnpevents.com/webinars or email webinars@bnpmedia.com.

View All Submit An Event

Products

Structural Adhesives: Properties, Characterization and Applications

Structural Adhesives: Properties, Characterization and Applications

See More Products

ASI CASE EBOOK

Related Articles

  • AGC Receives Highest Rating for Climate Change Efforts by CDP

    AGC Receives Highest Rating for Climate Change Efforts by CDP

    See More
  • Image of hands holding green globe

    Covestro Announces Climate Neutrality Targets for Scope 3 Emissions

    See More
  • Production of water-based inks at Siegwerk facility

    Siegwerk Achieves High Score for Climate Change Performance by the Carbon Disclosure Project

    See More
×

Keep the info flowing with our eNewsletters!

Get the latest industry updates tailored your way.

JOIN TODAY!
  • RESOURCES
    • Advertise
    • Contact Us
    • Directories
    • Store
    • Want More
  • SIGN UP TODAY
    • Create Account
    • eMagazine
    • eNewsletters
    • Customer Service
    • Manage Preferences
  • SERVICES
    • Marketing Services
    • Reprints
    • Market Research
    • List Rental
    • Survey & Sample
  • STAY CONNECTED
    • LinkedIn
    • Facebook
    • Youtube
    • X (Twitter)
  • PRIVACY
    • PRIVACY POLICY
    • TERMS & CONDITIONS
    • DO NOT SELL MY PERSONAL INFORMATION
    • PRIVACY REQUEST
    • ACCESSIBILITY

Copyright ©2025. All Rights Reserved BNP Media.

Design, CMS, Hosting & Web Development :: ePublishing