In 2023, Covestro disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
Covestro also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.
Additionally, Covestro also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
Finally, Covestro also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Covestro's reliance on fossil fuels versus cleaner alternatives.
Metric (GJ) | 2024 | 2023 | 2022 | 2021 - 2017 |
---|---|---|---|---|
Total Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Non-renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Energy Sold | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Electricity Consumed | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
This table provides a simplified preview of selected energy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
In 2023, Covestro consumed a total of 51.35 million Gigajoules of energy across its operations. Of this total, 7.14% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 92.86% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.
In 2023, Covestro consumed a total of 51.35 million Gigajoules of energy, of which 7.14% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.
This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Covestro has considerable room to improve its energy sustainability strategy.
Since 2023, Covestro's total energy consumption decreased by 3.3%, suggesting a recent decline in overall energy demand.
Over the same period, the share of renewable energy in Covestro's consumption increased by 42.07%, showing a recent positive trend in clean energy adoption.
In 2023, Covestro disclosed detailed information on both the sources and generation technologies of its consumed and produced energy This disclosure enables a clearer assessment of the Covestro's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.
In 2023, Covestro's total energy consumption was primarily sourced from
In 2023, Covestro consumed energy from 8 different sources or generation technologies, indicating a well-diversified energy mix without excessive reliance on a single input.
In 2023, Covestro's energy production came primarily from
In 2023, Covestro produced energy using 1 different sources or generation technologies. The energy production mix is highly concentrated, with Other Sources alone making up 100% of total output.
In 2023, Covestro reported total energy inflows of 45.51 million Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 45.5 million Gigajoules purchased from external suppliers and 3,600 Gigajoules generated through internal production. This corresponds to a production share of 0.01%, reflecting a 0.79% percentage point increase from the previous year (2022).