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Annual Report 2019

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  • Magazine
    • Beyond Industry
    • Beyond Materials

    Four Board of Management members, four questions

    Markus Steilemann, Sucheta Govil, Thomas Toepfer and Klaus Schäfer answer questions on fiscal 2019 and Covestro’s strategy. Four Board of Management Members, Four Questions

  • Overview
    • Key Data
    • Segment and Quarterly Overview
    • Five-Year Summary
    • Reporting Profile

    The digital chemistry of the future

    Digital chemistry – what exactly is it and what does it involve? Beyond Industry

  • To our Stakeholders
    • Four Board of Management Members, Four Questions
    • Report of the Supervisory Board
    • Covestro on the Capital Market

    The circular economy: propelling us into the future

    A circular economy is the key to better climate protection and resource conservation, and the plastics industry has an important role to play here. Beyond Industry

  • Management Report
    • Covestro Group at a Glance
      • Company Profile
      • Strategy
        • Principles guiding our actions
        • Strategic goals and activities
      • Management
      • Innovation
      • Employees
      • Protection of People and the Environment
        • Integrated Management System for Occupational Health, Safety, Environmental Protection and Quality
        • Safety
        • Environmental Protection
      • Responsibility along the Value Chain
        • Sustainability in Supplier Management
        • Product Stewardship
        • Circular Economy
        • Social Responsibility
    • Report on Economic Position
      • Economic Environment
      • Business Development of the Covestro Group
      • Business Development by Segment
        • Polyurethanes
        • Polycarbonates
        • Coatings, Adhesives, Specialties
      • Results of Operations
      • Financial Position
      • Net Assets
      • Alternative Performance Measures
      • Results of Operations, Financial Position and Net Assets of Covestro AG
    • Report on Future Perspectives and on Opportunities and Risks
      • Report on Future Perspectives
        • Economic Outlook
        • Forecast
      • Opportunities and Risks Report
        • Overview
        • Group-Wide Opportunities and Risk Management System
        • Opportunities and Risks
    • Corporate Governance Report
      • Overview
      • Declaration on Corporate Governance
      • Takeover-relevant Information
      • Compliance
      • Compensation Report
        • Overview
        • Compensation of the Board of Management
        • Compensation of former members of the Board of Management
        • Compensation of the Supervisory Board
        • Other Information
    • Disclosures on Sustainability Reporting
    • Further Supplementary Information on Sustainability
      • TCFD Index
      • GRI Index
      • Limited Assurance Report

    The interior: seamless and fully networked

    Trends such as autonomous driving, electromobility and car-sharing will redefine the way vehicles are used. Beyond Materials

  • Financial Statements
    • Covestro Group Consolidated Income Statement
    • Covestro Group Consolidated Statement of Comprehensive Income
    • Covestro Group Consolidated Statement of Financial Position
    • Covestro Group Consolidated Statement of Cash Flows
    • Covestro Group Consolidated Statement of Changes in Equity
    • Notes to the Consolidated Financial Statements of the Covestro Group
      • Principles and Methods
        • 1. General Information
        • 2. Effects of New Financial Reporting Standards
        • 3. Accounting Policies and Valuation Principles
        • 4. Segment and Regional Reporting
        • 5. Changes in the Scope of Consolidation
      • Notes to the Income Statement
        • 6. Sales
        • 7. Other Operating Income
        • 8. Other Operating Expenses
        • 9. Personnel Expenses and Employee Numbers
        • 10. Financial Result
        • 11. Taxes
        • 12. Earnings per Share
      • Notes to the Statement of Financial Position
        • 13. Goodwill and Other Intangible Assets
        • 14. Property, Plant and Equipment
        • 15. Investments Accounted for Using the Equity Method
        • 16. Other Financial Assets
        • 17. Inventories
        • 18. Other Receivables
        • 19. Equity
        • 20. Provisions for Pensions and Other Post-employment Benefits
        • 21. Other Provisions
        • 22. Financing and Financial Liabilities
        • 23. Other Liabilities
        • 24. Financial Instruments
        • 25. Contingent Liabilities and Other Financial Commitments
        • 26. Legal Risks
      • Other Information
        • 27. Notes to the Statement of Cash Flows
        • 28. Related Companies and Persons
        • 29. Auditor’s Fees
        • 30. Events after the End of the Reporting Period
      • Responsibility Statement
      • Independent Auditor’s Report

    Full solar power ahead!

    In 2019, an international team of students from RWTH Aachen University and FH Aachen University of Applied Science once again showed how it’s possible to drive thousands of kilometers without a drop of fuel Beyond Materials

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  • en Magazine
  • Magazine Beyond Industry
  • Magazine Beyond Materials
  • en Overview
  • Overview Key Data
  • Overview Segment and Quarterly Overview
  • Overview Five-Year Summary
  • Overview Reporting Profile
  • en To our Stakeholders
  • To our Stakeholders Four Board of Management Members, Four Questions
  • To our Stakeholders Report of the Supervisory Board
  • To our Stakeholders Covestro on the Capital Market
  • en Management Report
  • Management Report Covestro Group at a Glance
  • Covestro Group at a Glance Company Profile
  • Covestro Group at a Glance Strategy
  • Strategy Principles guiding our actions
  • Strategy Strategic goals and activities
  • Covestro Group at a Glance Management
  • Covestro Group at a Glance Innovation
  • Covestro Group at a Glance Employees
  • Covestro Group at a Glance Protection of People and the Environment
  • Protection of People and the Environment Integrated Management System for Occupational Health, Safety, Environmental Protection and Quality
  • Protection of People and the Environment Safety
  • Protection of People and the Environment Environmental Protection
  • Covestro Group at a Glance Responsibility along the Value Chain
  • Responsibility along the Value Chain Sustainability in Supplier Management
  • Responsibility along the Value Chain Product Stewardship
  • Responsibility along the Value Chain Circular Economy
  • Responsibility along the Value Chain Social Responsibility
  • Management Report Report on Economic Position
  • Report on Economic Position Economic Environment
  • Report on Economic Position Business Development of the Covestro Group
  • Report on Economic Position Business Development by Segment
  • Business Development by Segment Polyurethanes
  • Business Development by Segment Polycarbonates
  • Business Development by Segment Coatings, Adhesives, Specialties
  • Report on Economic Position Results of Operations
  • Report on Economic Position Financial Position
  • Report on Economic Position Net Assets
  • Report on Economic Position Alternative Performance Measures
  • Report on Economic Position Results of Operations, Financial Position and Net Assets of Covestro AG
  • Management Report Report on Future Perspectives and on Opportunities and Risks
  • Report on Future Perspectives and on Opportunities and Risks Report on Future Perspectives
  • Report on Future Perspectives Economic Outlook
  • Report on Future Perspectives Forecast
  • Report on Future Perspectives and on Opportunities and Risks Opportunities and Risks Report
  • Opportunities and Risks Report Overview
  • Opportunities and Risks Report Group-Wide Opportunities and Risk Management System
  • Opportunities and Risks Report Opportunities and Risks
  • Management Report Corporate Governance Report
  • Corporate Governance Report Overview
  • Corporate Governance Report Declaration on Corporate Governance
  • Corporate Governance Report Takeover-relevant Information
  • Corporate Governance Report Compliance
  • Corporate Governance Report Compensation Report
  • Compensation Report Overview
  • Compensation Report Compensation of the Board of Management
  • Compensation Report Compensation of former members of the Board of Management
  • Compensation Report Compensation of the Supervisory Board
  • Compensation Report Other Information
  • Management Report Disclosures on Sustainability Reporting
  • Management Report Further Supplementary Information on Sustainability
  • Further Supplementary Information on Sustainability TCFD Index
  • Further Supplementary Information on Sustainability GRI Index
  • Further Supplementary Information on Sustainability Limited Assurance Report
  • en Financial Statements
  • Financial Statements Covestro Group Consolidated Income Statement
  • Financial Statements Covestro Group Consolidated Statement of Comprehensive Income
  • Financial Statements Covestro Group Consolidated Statement of Financial Position
  • Financial Statements Covestro Group Consolidated Statement of Cash Flows
  • Financial Statements Covestro Group Consolidated Statement of Changes in Equity
  • Financial Statements Notes to the Consolidated Financial Statements of the Covestro Group
  • Notes to the Consolidated Financial Statements of the Covestro Group Principles and Methods
  • Principles and Methods 1. General Information
  • Principles and Methods 2. Effects of New Financial Reporting Standards
  • Principles and Methods 3. Accounting Policies and Valuation Principles
  • Principles and Methods 4. Segment and Regional Reporting
  • Principles and Methods 5. Changes in the Scope of Consolidation
  • Notes to the Consolidated Financial Statements of the Covestro Group Notes to the Income Statement
  • Notes to the Income Statement 6. Sales
  • Notes to the Income Statement 7. Other Operating Income
  • Notes to the Income Statement 8. Other Operating Expenses
  • Notes to the Income Statement 9. Personnel Expenses and Employee Numbers
  • Notes to the Income Statement 10. Financial Result
  • Notes to the Income Statement 11. Taxes
  • Notes to the Income Statement 12. Earnings per Share
  • Notes to the Consolidated Financial Statements of the Covestro Group Notes to the Statement of Financial Position
  • Notes to the Statement of Financial Position 13. Goodwill and Other Intangible Assets
  • Notes to the Statement of Financial Position 14. Property, Plant and Equipment
  • Notes to the Statement of Financial Position 15. Investments Accounted for Using the Equity Method
  • Notes to the Statement of Financial Position 16. Other Financial Assets
  • Notes to the Statement of Financial Position 17. Inventories
  • Notes to the Statement of Financial Position 18. Other Receivables
  • Notes to the Statement of Financial Position 19. Equity
  • Notes to the Statement of Financial Position 20. Provisions for Pensions and Other Post-employment Benefits
  • Notes to the Statement of Financial Position 21. Other Provisions
  • Notes to the Statement of Financial Position 22. Financing and Financial Liabilities
  • Notes to the Statement of Financial Position 23. Other Liabilities
  • Notes to the Statement of Financial Position 24. Financial Instruments
  • Notes to the Statement of Financial Position 25. Contingent Liabilities and Other Financial Commitments
  • Notes to the Statement of Financial Position 26. Legal Risks
  • Notes to the Consolidated Financial Statements of the Covestro Group Other Information
  • Other Information 27. Notes to the Statement of Cash Flows
  • Other Information 28. Related Companies and Persons
  • Other Information 29. Auditor’s Fees
  • Other Information 30. Events after the End of the Reporting Period
  • Notes to the Consolidated Financial Statements of the Covestro Group Responsibility Statement
  • Notes to the Consolidated Financial Statements of the Covestro Group Independent Auditor’s Report

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Compensation Report

Other Information

There were no advances or loans to members of the Board of Management or the Supervisory Board outstanding as of either December 31, 2018, or December 31, 2019.

Compensation of the Supervisory Board Disclosures on Sustainability Reporting
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  • Last updated: February 19, 2020
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