Covestro has been recognised as a LEAD company of the United Nations Global Compact, a global movement of responsible and sustainable corporate governance.
The material producer was honoured for its high engagement in the initiative during the UN Global Compact Leaders’ Summit 2018 at UN Headquarters in New York.
The company says the move reflects Covestro’s ongoing commitment to the United Nations Global Compact and its ten principles for responsible business.
To be eligible for LEAD recognition, companies must be a participant in at least two Action Platforms, to demonstrate their commitment to defining and fostering leadership practices in line with the ten principles and Global Goals.
Shutterstock.com
UN HQ in NYC
The companies must also submit or commit to submitting an annual sustainability report detailing progress on implementing the ten principles, within the same calendar year.
Covestro has participated in the following Action Platforms: Sustainable Ocean Business, Reporting on the SDG’s, Breakthrough Innovation, Business for Humanitarian Action, demonstrating its commitment to the UN Global Compact this year.
“We feel very honoured to be recognised as one of the LEAD companies,” said Dr. Markus Steilemann, CEO of Covestro.
“By actively engaging in the various platforms of the UN Global Compact, we aim to contribute to positive change in areas where we as a world leading producer of high performance materials can have the biggest impact.”
