Focus on environmental protection and sustainable supply chain
For its sustainability efforts, the materials manufacturer Covestro has once again received the highest score of gold in an international rating. In the latest survey by the renowned ratings agency EcoVadis, Covestro was able to improve significantly and is now in the top one percent among the 50,000 companies reviewed. With 80 out of 100 points, Covestro was well above the average score of 44.6 points.
Increasing the score again by seven points is due, among other things, to the efforts made to further improve working conditions, in order to achieve the best possible balance between private life and work. Endeavors devoted to environmental protection and the high level of sustainable measures implemented in procurement were also commended. The assessment also takes into account ethical conduct and respect for human rights in the company.
Sustainability at the center
“Sustainability in all areas is of central importance for Covestro, and EcoVadis reliably indicates where we stand here. We use the well-established rating system to uncover details about our strengths and weaknesses, and to see where we can maybe still improve,” says Dr. Christian Haessler, Head of Sustainability at Covestro.
Several of Covestro’s major customers already do away with their own surveys and rely instead on the EcoVadis rating. Covestro also has the same survey conducted for the sustainability performance of its suppliers. This is done as part of the “Together for Sustainability” initiative – a consortium of leading chemical companies with the goal of establishing a global standard for sustainable supply chains in the industry.