Covestro AG
Industry Group: Chemicals
Country/Region: Germany
Identifier: ETR:1COV
Covestro AG is a player in the polymer materials field. The firm is engaged 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 the company's products is driven by cyclical end markets, such as automotive, construction, and furniture. The company's segment includes Performance Materials and Solutions & Specialties. The company generates the majority of its revenue from Solutions & Specialties segment. The Solutions & Specialties segment includes six business entities: Engineering Plastics; Coatings & Adhesives; Tailored Urethanes; Thermoplastic Polyurethanes; Specialty Films; and Elastomers.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Chemicals 54 out of 580
Universe
Global Universe 4946 out of 14951
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Symrise AG |
18
Low
|
15 out of 580 |
| Akzo Nobel NV |
19.1
Low
|
26 out of 580 |
| Covestro AG |
21.4
Medium
|
54 out of 580 |
| Nitto Denko Corp. |
25.6
Medium
|
140 out of 580 |
| Eastman Chemical Co. |
34.5
High
|
389 out of 580 |
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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
