Covestro aims to halve carbon dioxide emissions by 2025

Covestro has set ambitious sustainability targets for itself. It announced, on Earth Day, April 22, that it intends to reduce its CO₂ emissions by 50%, based on a base line of 2005. It joins global governments, civil societies and forward-looking private sector businesses in supporting the results of the COP21 United Nations Climate Conference and making a commitment to the United Nations Sustainability Development Goals.

"We are very fortunate to have a Board that has a desire to push the sustainability agenda,” said Covestro’s Chief Sustainability Officer, Richard Northcote. "This is also closely tied to the future development of our company. Our business model is oriented on the constant development of sustainability solutions, for that is precisely what the markets are looking for. We set our first target of a 20% reduction of C_O2 emissions in 2005 and hit this within six years. We then set a target of 30% and achieved that within three years. The next target was 40% and, while we are still on the home stretch, we are already planning for a new record.”