Sustainability at Covestro. Richard Northcote Chief Sustainability Officer Covestro AG

Transcription

1 Sustainability at Covestro Richard Northcote Chief Sustainability Officer Covestro AG

2 The world is changing Global challenges Climate change Population growth Demographic change Urbanization WE NEED TO MASTER THESE CHALLENGES WITH INNOVATIVE AND SUSTAINABLE SOLUTIONS 2

3 Environmental, social and ethical problems require solutions from many industries Plastics in Ocean Zero-Pellet Loss Initiative Sustainability performance & Business development CO 2 Emissions and Burning Coal Using CO 2 as Raw Material 3

4 Our future is being collectively shaped Pathway forward Contribute to UN Sustainable Development Goals Ensure future economic growth Enhance durability of products. while 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. reducing CO 2 emissions in production and over the lifetime of products increasing energy efficiency improving use of resources (carbon) along the value chain 4

5 Our future is being collectively shaped Pathway forward Contribute to UN Sustainable Development Goals Ensure future economic growth Enhance durability of products. while 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. reducing CO 2 emissions in production and over the lifetime of products increasing energy efficiency improving use of resources (carbon) along the value chain 5

6 Covestro s approach Full life-cycle thinking CO 2 Reduce impact from Foster Life Cycle Thinking Our raw materials End-of-life Drive development of PPP product solutions (People, Planet, Profit) Our operations PEOPLE PLANET PROFIT Use of product Reduce impact from Our logistics Customer operations Reduce impact from Enable our partners 6

7 Our strong positioning on sustainability is demonstrated by five ambitious sustainability targets for % of suppliers are compliant with our sustainability requirements 80% of our R&D project spending will be targeted in areas that contribute to achieving SDGs Reduce specific greenhouse gas emissions by 50% With you, we can contribute to our sustainability targets Improve the lives of ten million people in underserved markets Increase return on carbon invested throughout the value chain 7

8 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

9 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

10 Affordable housing Acting on a global scale Location - Iraq, Malaysia, Philippines, India ~ 40 Units installed in 2016 Pilot Project House of Nations in Bergisch-Gladbach, Germany Based on polyurethane rigid foam (PIR) with outstanding insulation and mechanical properties 10

11 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 11

12 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 12

13 so let s start Pushing Boundaries Together and build a competitive edge with sustainability