Covestro AG
Industry Group: Chemicals
Country/Region: Germany
Identifier: ETR:1COV
Covestro, formerly Bayer Material Science, was spun off from the Bayer Group in 2015. The firm is a market leader in polyurethanes and polycarbonates, products that the company discovered in the mid-20th century. It also has a sizable speciality chemicals business that is focused on coatings and adhesives. Demand for Covestro’s products is driven primarily by cyclical end markets, such as automotive, construction, and furniture.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Chemicals 58 out of 584
Universe
Global Universe 5227 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Albemarle Corp. |
20.1
Medium
|
45 out of 584 |
| Covestro AG |
21.4
Medium
|
58 out of 584 |
| Eastman Chemical Co. |
24.6
Medium
|
133 out of 584 |
| Nitto Denko Corp. |
25.6
Medium
|
156 out of 584 |
| POSCO Future M Co., Ltd. |
26.3
Medium
|
165 out of 584 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
How do the ESG Risk Ratings work?
Top Material ESG Issues for Covestro AG
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Covestro AG's ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
