Covestro AG
Covestro's Climate Target Data Preview
As of 2023, Covestro has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Covestro ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  | 2030 |
Absolute-based Target | Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  | 2035 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  | 2035 |
This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Covestro's Greenhouse Gas Emissions Pathways
As of 2023, Covestro has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.
Does Covestro have a target to reduce the emissions from its operations?
As of 2023, Covestro has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.
Covestro's most ambitious operational target is to reduce these emissions by 60% by 2030, compared to a baseline of 5,580,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.
As of 2023, Covestro is lagging behind on its operational emissions reduction target, having achieved 14% of the planned reduction.
Covestro's Operational (Scope 1+2) Emissions Pathway
Does Covestro have a target to reduce the emissions from its value chain?
As of 2023, Covestro has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 4 out of the 15 Scope 3 categories defined by the GHG Protocol.
Covestro's most ambitious value chain target is to reduce these emissions by 30% by 2035, compared to a baseline of 21,290,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.
As of 2023, Covestro is ahead of schedule on its value chain emissions reduction target, having achieved 97.23% of the planned reduction.