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Covestro announces sustainability targets on Earth Day
22
Apr '16
On Earth Day, Covestro has announced that it intends to reduce its CO2 emissions by 50 per cent based on a base line of 2005.

Covestro has joined global governments, civil society and private sector businesses in supporting the results of the COP21 United Nations Climate Conference and making a commitment to the United Nations Sustainability Development Goals, according to a press release.

“We are very fortunate to have a board that has a desire to push the sustainability agenda. This is also closely tied to the future development of our company. Our business model is oriented on the constant development of sustainability solutions, for that is precisely what the markets are looking for,” said Covestro’s chief sustainability officer, Richard Northcote.

“We set our first target of a 20 per cent reduction of CO2 emissions in 2005 and hit this within six years. We then set a target of 30 per cent and achieved that within three years. The next target was 40 per cent, and, while we are still on the home stretch, we are already planning for a new record,” Northcote added. (NA)

Fibre2fashion News Desk - India

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