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Covestro AG

Common Name
Covestro
Country
Germany
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
17,806
Ticker
1COV
Exchange
Deutsche Börse Frankfurt
Description
Covestro AG is a leading global manufacturer of high-tech polymer materials, specializing in polyurethanes, polycarbonates, and related specialty chemicals. Headquartered in Leverkusen, Germany, the c...

Covestro's GHG Emissions Data Preview

In 2025, Covestro completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Covestro has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2025202420232022-2019
Total Scope 1
780,000a
1,010,000a
930,000b
Total Scope 2
Market-Based
3,570,000a
3,840,000a
4,180,000b
Location-Based
4,030,000a
4,320,000a
4,100,000b
Total Scope 3
17,500,000a
17,980,000a
15,750,000b
Total Scope 1 Revenue Intensity (tCO2e/$M)
51.2639a
68.4519a
58.4437b
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Verified Sources Behind Covestro’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. Covestro's Annual Report 2025
b. Covestro's Annual Report 2024
c. Covestro's Annual Report 2020

Insights into Covestro's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of Covestro amounted to 4,810,000 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2024, the total operational greenhouse gas (GHG) emissions of Covestro decreased by 9.76%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Covestro's Scope 1 Emissions Over Time

20192020202120222023202420250350 k700 k1.05 M1.4 MtCO2e-3%-22%+1%-6%+9%-23%
  • Total Scope 1
  • Year-over-Year Change

What are Covestro's Scope 1 emissions?

In 2025, the total Scope 1 emissions of Covestro were 780,000 metric tons of CO₂ equivalent (tCO₂e).a

Has Covestro reduced its Scope 1 emissions over time?

Since 2019, Covestro's Scope 1 emissions have decreased by 39.53%, reflecting a declining long-term trend in Scope 1 emissions over time.ac

Compared to the previous year (2024), Covestro's Scope 1 emissions decreased by 22.77%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Covestro's Scope 2 emissions?

In 2025, Covestro reported Scope 2 greenhouse gas (GHG) emissions of 3,570,000 tCO₂e using the market-based method and 4,030,000 tCO₂e using the location-based method.a

Has Covestro reduced its Scope 2 emissions over time?

Since 2019, Covestro's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 13.52%, reflecting a declining long-term trend in Scope 2 emissions over time.ac

Compared to the previous year (2024), Covestro's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Covestro's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Covestro use for Scope 2 reporting?

In 2025, Covestro reported its Scope 2 emissions using the market-based method and using the location-based method.a

Covestro's Scope 2 Emissions Over Time

201920202021202220232024202501.5 M3 M4.5 M6 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Covestro's Value Chain Emissions

In 2025, Covestro reported 17,500,000 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2025 disclosure of Covestro includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Covestro's Scope 3 Emissions Over Time

2021202220232024202505.5 M11 M16.5 M22 MtCO2e-22%-7%+14%-3%
  • Total Scope 3
  • Year-over-Year Change

What are Covestro's Scope 3 emissions?

In 2025, Covestro reported total Scope 3 emissions of 17,500,000 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 87.16% of these emissions originated from upstream activities such as purchased goods and capital goods, while 12.84% came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2024), Covestro's Scope 3 emissions remained relatively stable, indicating that Covestro's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Covestro disclose?

In 2025, Covestro reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Covestro's Scope 3 emissions?

In 2025, the largest contributors to Covestro's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 13,000,000 tCO₂e (74.5%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 2,240,000 tCO₂e (12.84%)
  • Fuel- and Energy-Related Services (Cat. 3): 1,210,000 tCO₂e (6.93%)

Covestro's Scope 3 Emissions by Categories

End-of-LifeTreatment of SoldProducts (Cat. 12)(12.8%)Fuel- andEnergy-RelatedServices (Cat. 3)(6.9%)Purchased Goods andServices (Cat. 1)(74.5%)

Insights into Covestro’s GHG Emissions Intensity Compared to Industry Peers

In 2025, Covestro reported Scope 1 greenhouse gas (GHG) emissions of 780,000 tCO₂e and total revenues of USD 15,215 millions. This translates into an emissions intensity of 51.26 tCO₂e per millions USD.a

Covestro's Scope 1 Emissions Intensity Compared to Peers

5,00050,000500,0005,000,000100,000,000Scope 1 Emissions (tCO2e)2005002,00010,00050,000Revenues (Millions of USD)ArkemaYear: 2025Scope 1: 1,261,000 tCO2eRevenue: $M 10,661Scope 1 Intensity: 118.28 tCO2e/$MKingfa Sci & TechYear: 2024Scope 1: 794,353 tCO2eRevenue: $M 8,292Scope 1 Intensity: 95.80 tCO2e/$MDSM-FirmenichYear: 2025Scope 1: 581,700 tCO2eRevenue: $M 10,621Scope 1 Intensity: 54.77 tCO2e/$MPPG IndustriesYear: 2024Scope 1: 260,000 tCO2eRevenue: $M 15,845Scope 1 Intensity: 16.41 tCO2e/$MSikaYear: 2025Scope 1: 170,898 tCO2eRevenue: $M 14,138Scope 1 Intensity: 12.09 tCO2e/$MGivaudanYear: 2025Scope 1: 130,642 tCO2eRevenue: $M 9,431Scope 1 Intensity: 13.85 tCO2e/$MNan Ya PlasticsYear: 2024Scope 1: 4,998,058 tCO2eRevenue: $M 7,925Scope 1 Intensity: 630.70 tCO2e/$MAir Products and ChemicalsYear: 2024Scope 1: 16,900,000 tCO2eRevenue: $M 12,101Scope 1 Intensity: 1,396.63 tCO2e/$MEcolabYear: 2024Scope 1: 270,090 tCO2eRevenue: $M 15,741Scope 1 Intensity: 17.16 tCO2e/$MHengyi PetrochemicalYear: 2024Scope 1: 6,130,000 tCO2eRevenue: $M 17,191Scope 1 Intensity: 356.58 tCO2e/$MEastman ChemicalYear: 2024Scope 1: 6,579,760 tCO2eRevenue: $M 9,382Scope 1 Intensity: 701.32 tCO2e/$MChandra Asri PacificYear: 2024Scope 1: 1,179,112 tCO2eRevenue: $M 1,785Scope 1 Intensity: 660.43 tCO2e/$MWestlakeYear: 2024Scope 1: 7,570,904 tCO2eRevenue: $M 12,142Scope 1 Intensity: 623.53 tCO2e/$MAkzo NobelYear: 2025Scope 1: 54,664 tCO2eRevenue: $M 11,942Scope 1 Intensity: 4.58 tCO2e/$MRPM InternationalYear: 2025Scope 1: 70,565 tCO2eRevenue: $M 7,373Scope 1 Intensity: 9.57 tCO2e/$MNippon Paint HoldingsYear: 2024Scope 1: 102,807 tCO2eRevenue: $M 10,438Scope 1 Intensity: 9.85 tCO2e/$MIFFYear: 2024Scope 1: 740,032 tCO2eRevenue: $M 11,484Scope 1 Intensity: 64.44 tCO2e/$MEvonik IndustriesYear: 2025Scope 1: 2,990,000 tCO2eRevenue: $M 16,540Scope 1 Intensity: 180.77 tCO2e/$MLanxessYear: 2025Scope 1: 847,000 tCO2eRevenue: $M 6,670Scope 1 Intensity: 127.00 tCO2e/$MAlzchem GroupYear: 2025Scope 1: 109,977 tCO2eRevenue: $M 661Scope 1 Intensity: 166.42 tCO2e/$MVerbioYear: 2025Scope 1: 271,832 tCO2eRevenue: $M 1,853Scope 1 Intensity: 146.72 tCO2e/$MWacker ChemieYear: 2025Scope 1: 1,154,000 tCO2eRevenue: $M 6,449Scope 1 Intensity: 178.95 tCO2e/$MFuchsYear: 2025Scope 1: 34,235 tCO2eRevenue: $M 4,189Scope 1 Intensity: 8.17 tCO2e/$MSymriseYear: 2025Scope 1: 312,142 tCO2eRevenue: $M 5,795Scope 1 Intensity: 53.86 tCO2e/$MBrenntagYear: 2024Scope 1: 185,546 tCO2eRevenue: $M 16,897Scope 1 Intensity: 10.98 tCO2e/$MCovestroYear: 2025Scope 1: 780,000 tCO2eRevenue: $M 15,215Scope 1 Intensity: 51.26 tCO2e/$M

How does Covestro's GHG emissions intensity compare to its peers?

In 2025, Covestro reported a Scope 1 emissions intensity of 51.26 tCO₂e per millions USD. Compared to the peer group median of 95.8, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Covestro rank on GHG emissions intensity within its industry?

In 2025, Covestro ranked 10 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

Covestro is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Covestro's Total Carbon Footprint

In 2025, Covestro reported a total carbon footprint of 22,310,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.29% decrease compared to 2024, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Covestro's total carbon footprint was Scope 3 emissions, accounting for 78.44% of the company's total carbon footprint, followed by Scope 2 emissions at 18.06%.a

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