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Sustainability at Covestro
Richard Northcote Chief Sustainability Officer
Covestro AG
The world is changing
Population growth
Urbanization
Climate change
Demographic change
WE NEED TO MASTER THESE CHALLENGES WITH
INNOVATIVE AND SUSTAINABLE SOLUTIONS
Global challenges
May 2017 │ Sustainability@Covestro│ Benelux Customer Event 2
Environmental, social and ethical problems require solutions
from many industries …
3
Sustainability
performance
&
Business
development
CO2 Emissions
and
Burning Coal
Plastics
in Ocean
Using CO2 as
Raw Material
Zero-Pellet
Loss Initiative
May 2017 │ Sustainability@Covestro│ Benelux Customer Event
Our future is being collectively shaped
Pathway forward
We see opportunities where
others see risks. Where
others ask “why” we answer
“why not?”.
With our knowledge and
experience we can push
boundaries – always with our
eyes set on the future.
.
Contribute to UN Sustainable Development Goals
Ensure future economic growth
Enhance durability of products
… while reducing CO2 emissions in production and over the lifetime of products
increasing energy efficiency
improving use of resources (carbon) along the value chain
May 2017 │ Sustainability@Covestro│ Benelux Customer Event 4
Our future is being collectively shaped
Pathway forward
We see opportunities where
others see risks. Where
others ask “why” we answer
“why not?”.
With our knowledge and
experience we can push
boundaries – always with our
eyes set on the future.
.
Contribute to UN Sustainable Development Goals
Ensure future economic growth
Enhance durability of products
… while reducing CO2 emissions in production and over the lifetime of products
increasing energy efficiency
improving use of resources (carbon) along the value chain
May 2017 │ Sustainability@Covestro│ Benelux Customer Event 5
Covestro’s approach
Full life-cycle thinking
Our
operations
Our
logistics
Customer
operations
Use of
product
End-of-life
Our raw
materials
PEOPLE
PLANET
PROFIT
Reduce impact from …
Reduce impact from …
Enable our partners
Reduce impact from …
CO2 CO2
Foster Life Cycle Thinking
Drive development of PPP product
solutions (People, Planet, Profit)
May 2017 │ Sustainability@Covestro│ Benelux Customer Event 6
Our strong positioning on sustainability is demonstrated by five
ambitious sustainability targets for 2025
May 2017 │ Sustainability@Covestro│ Benelux Customer Event 7
With you, we can contribute to
our sustainability targets Reduce specific greenhouse gas emissions by
50%
80% of our R&D project spending will be targeted
in areas that contribute to achieving SDGs
Improve the lives of ten million people in
underserved markets
100% of suppliers are compliant with our
sustainability requirements
Increase return on carbon invested throughout
the value chain
Carbon Productivity
… An intelligent use of carbon
Our vision: Drive a new perspective on value
creation through carbon
Our role:
Collaboration to better understand where
carbon can best contribute to tackling climate
change
Create a methodology and metric which will
be made available as open source
Consortium will launch the initiative at the
UN Global Compact Breakthrough
Summit in September 2017
May 2017 │ Sustainability@Covestro│ Benelux Customer Event 8
Inclusive Business
sustainable business models to deliver beneficial
technologies to people in underserved markets
aims to strengthen the local economic development and
alleviates poverty through the inclusion of low income
communities in the value chain
Involves partnerships with Private Sector, Government
agencies and/or civil society representatives
Pilot Project – “House of Nations”
in Bergisch-Gladbach, Germany
Affordable housing
Location - Iraq, Malaysia,
Philippines, India
~ 40 Units installed in 2016
Based on polyurethane rigid foam
(PIR) with outstanding insulation
and mechanical properties
Acting on a global scale
May 2017 │ Sustainability@Covestro│ Benelux Customer Event 10
Covestro is the first partner of WAES
Closing the gap between ecology and economy
PROMOTE – commitment to advancing
efficient solutions worldwide
FEDERATE – bring together the start-ups,
companies, institutions and organizations
producing, implementing or supporting the
use of efficient solutions
ADVISE – demonstrate concrete and
efficient solutions to support governments,
corporations and institutions in reaching
environmental targets
May 2017 │ Sustainability@Covestro│ Benelux Customer Event 11
Donation activities
UN Environment Partnership - Young Champion of the Earth
Multi-year partnership with UN
Environment
Education & innovation platform –
unique online space for information
sharing, crowd sourcing of ideas and
solutions
Covestro mentoring & UN internship
Award ceremony w/independent judging
panel
May 2017 │ Sustainability@Covestro│ Benelux Customer Event 12
… so let’s start Pushing Boundaries
Together and build a competitive edge
with sustainability
