Covestro signs UN Global Compact

2015-012-jpgCovestro has joined the UN Global Compact, a voluntary initiative by companies to adopt sustainable and responsible business practices. CEO Patrick Thomas signed the agreement to underline Covestro’s stance of conducting high-level research and development into products which improve people’s lives, while doing everything it can to help safeguard the Earth and conserve its resources.

“The concept of sustainability is the foundation for everything Covestro does, so our own initiatives to help protect people and the planet, are perfectly in line with those of the Global Compact”, Thomas said. “We are committed to making these principles part of the strategy, culture and day-to-day operations of our new company.”

Covestro’s Chief Sustainability Officer, Richard Northcote, added: “The UN Global Compact is a great starting point, but we aim to do much more. As a leader in our field, the onus is on us to set ambitious sustainability targets for 2025 that will benefit both society and the environment. That is exactly what we intend to do.”
The UN Global Compact asks participating countries to adhere to ten guiding principles in areas such as protection of the environment, human rights, labour practices and anti-corruption. It is the world’s largest corporate responsibility initiative with over 8,000 business and non-business participants in 135 countries.