GRI Index
General Disclosures
GRI 1 – Foundation (2021)
GRI 2 – General Disclosures (2021)
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Disclosure number |
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Disclosure title |
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Section in Annual Report |
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Section in supplementary information on sustainability |
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Explanation/omission |
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2-7 |
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Information on employees and other workers |
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2-8 |
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Workers who are not employees |
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Around the world, Covestro has about 350 temporary employees, corresponding to approximately 2.0% of our workforce. |
2-22 |
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Statement from the most senior decision-maker |
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2-23 |
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Policy Commitments |
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The policies applicable throughout the Group have been approved by the Board of Management. Communications are conducted via the internet, intranet, and site-specific communication channels. |
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2-27 |
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Compliance with laws and regulations |
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In fiscal 2022, no significant administrative or court-ordered sanctions (fines, nonmonetary sanctions) for noncompliance with laws and regulations were reported through internal reporting. |
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2-28 |
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Membership of associations |
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2-29 |
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Approach to stakeholder engagement |
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2-30 |
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Collective bargaining agreements |
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Specific Standard Disclosures
GRI 200 – Economic topics
GRI 201 – Economic Performance (2016)
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Disclosure number |
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Disclosure title |
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Section in Annual Report |
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Section in supplementary information on sustainability |
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Explanation/omission |
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Management Approach |
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201-1 |
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Direct economic value generated and distributed |
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GRI 204 – Procurement Practices (2016)
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Disclosure number |
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Disclosure title |
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Section in Annual Report |
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Section in supplementary information on sustainability |
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Explanation/omission |
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Management Approach |
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204-1 |
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Proportion of spending on local suppliers |
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Since our locations in Germany, the United States and China cover most of our procurement volume, the sites located in these countries are referred to as main sites within the meaning of the GRI terminology. Local procurement is regarded as purchasing from suppliers located in the same country as the legal entity they supply. |
GRI 205 – Anti-corruption (2016)
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Disclosure number |
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Disclosure title |
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Section in Annual Report |
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Section in supplementary information on sustainability |
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Explanation/omission |
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Management Approach |
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205-1 |
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Operations assessed for risks related to corruption |
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A risk analysis was conducted for every country/every company in the year 2022. |
GRI 206 – Anti-competitive Behavior (2016)
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Disclosure number |
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Disclosure title |
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Section in Annual Report |
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Section in supplementary information on sustainability |
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Explanation/omission |
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Management Approach |
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206-1 |
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Legal actions for anti-competitive behavior, anti-trust, and monopoly practices |
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No actions were reported through internal reporting in fiscal 2022. |
GRI 207 – Tax (2019)
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Disclosure number |
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Disclosure title |
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Section in Annual Report |
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Section in supplementary information on sustainability |
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Explanation/omission |
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Management Approach |
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207-1 |
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Approach to tax |
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207-2 |
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Tax governance, control, and risk management |
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207-3 |
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Stakeholder engagement and management of concerns related to tax |
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207-4 |
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Country-by-country reporting |
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A country-by-country report is not currently provided. |
GRI 300 – Environmental topics
GRI 302 – Energy (2016)
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Disclosure number |
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Disclosure title |
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Section in Annual Report |
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Section in supplementary information on sustainability |
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Explanation/omission |
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Management Approach |
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302-1 |
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Energy consumption within the organization |
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302-3 |
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Energy intensity |
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302-4 |
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Reduction of energy consumption |
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In 2005, Covestro began to introduce a certified energy management system. This requires that we compare our performance with a designated base year, and that year was 2005. |
GRI 303 – Water (2018)
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Disclosure number |
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Disclosure title |
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Section in Annual Report |
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Section in supplementary information on sustainability |
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Explanation/omission |
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Management Approach |
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303-1 |
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Interactions with water as a shared resource |
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303-2 |
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Management of water discharge-related impacts |
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The standards to be applied are oriented to local laws. |
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303-3 |
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Water withdrawal |
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Water withdrawal is measured in m3 (cubic meters) since this is the more common approach to measurement. Here, 1 megaliter (ML) corresponds to 1,000 m3. |
GRI 305 – Emissions (2016)
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Disclosure number |
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Disclosure title |
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Section in Annual Report |
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Section in supplementary information on sustainability |
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Explanation/omission |
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Management Approach |
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305-1 |
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Direct (Scope 1) GHG emissions |
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Biogenic CO2 emissions are not reported because they are irrelevant. |
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305-2 |
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Energy indirect (Scope 2) GHG emissions |
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305-3 |
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Other indirect (Scope 3) GHG emissions |
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305-4 |
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GHG emissions intensity |
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Disclosure as CO2 equivalent of specific GHG. Emissions of sulfur hexafluoride (SF6) have been recorded. |
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305-5 |
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Reduction of GHG emissions |
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Greenhouse gas emissions are reported separately for Scopes 1 and 2. When considering GHG reductions, the specific greenhouse gas emissions are calculated using the total emissions for Scopes 1 and 2 because otherwise any shifts between the categories would lessen the informative value of the results. |
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305-7 |
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Nitrogen oxides (NOX), sulfur oxides (SOX), and other significant air emissions |
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Reporting focuses on significant air emissions; persistent organic pollutants (POPs) and hazardous organic pollutants (HAPs) are not reported. |
GRI 306 – Waste (2020)
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Disclosure number |
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Disclosure title |
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Section in Annual Report |
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Section in supplementary information on sustainability |
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Explanation/omission |
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Management Approach |
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306-1 |
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Waste generation and significant waste-related impacts |
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306-2 |
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Management of significant waste-related impacts |
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306-3 |
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Waste generated |
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306-5 |
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Waste diverted from disposal |
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The distinction of hazardous and non-hazardous waste is only drawn for landfill waste; no differentiation is made for other disposal methods. |
GRI 308 – Supplier Environmental Assessment
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Disclosure number |
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Disclosure title |
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Section in Annual Report |
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Section in supplementary information on sustainability |
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Explanation/omission |
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Management Approach |
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308-2 |
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Negative environmental impacts in the supply chain and actions taken |
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GRI 400 – Social topics
GRI 401 – Employment (2016)
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Disclosure number |
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Disclosure title |
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Section in Annual Report |
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Section in supplementary information on sustainability |
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Explanation/omission |
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Management Approach |
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401-1 |
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New employee hires and employee turnover |
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In fiscal 2022, the gender distribution of new hires and the attrition rate was broken down into male and female, as the company was not aware of any employees with other gender identities. Reference is made in the footnote to the small number of employees who did not state their gender. If this should change, the tables will be adjusted accordingly in future. |
GRI 403 – Occupational Health and Safety (2018)
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Disclosure number |
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Disclosure title |
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Section in Annual Report |
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Section in supplementary information on sustainability |
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Explanation/omission |
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Management Approach |
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403-1 |
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Occupational health and safety management system |
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A list of the legal requirements has been dispensed with. The integrated management system for occupational health and safety covers all our employees across the Group and in some cases also our contractors, regardless of the type of work environment or activity performed. |
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403-2 |
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Hazard identification, risk assessment, and incident investigation |
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Every employee, contractor or – as appropriate – visitor must comply with the applicable occupational safety procedures, rules, and relevant protective measures. Employees are authorized to withdraw from work situations that seem to them to represent a direct and serious threat to their lives or health. They are obligated to report such situations to their supervisors immediately. Employees may not be sanctioned for such actions. |
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403-3 |
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Occupational health services |
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Depending on site-specific local circumstances, there are dedicated occupational health staff or occupational health services are provided in conjunction with external parties. A country-specific description of the functions of the occupational health services has been dispensed with. |
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403-4 |
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Worker participation, consultation, and communication on occupational health and safety |
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Depending on legal requirements, some sites have formal employer-employee committees for occupational health and safety that hold regular meetings. In Germany, for instance, this is the occupational safety and health committee as legally required by Section 11 of the Act on Occupational Physicians, Safety Engineers and Other Occupational Safety Specialists (AsiG). All sites are networked in corresponding regional HSE communities. A country-specific list and a description of the committees has been dispensed with. |
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403-5 |
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Worker training on occupational health and safety |
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Our employees receive the applicable statutorily required training as well as further training that exceeds these requirements depending on the individual circumstances at our sites. Our contractors receive site-specific safety instructions. |
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403-6 |
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Promotion of worker health |
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Voluntary services for the promotion and maintenance of health are made available only to Covestro employees. |
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403-7 |
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Prevention and mitigation of occupational health and safety impacts directly linked by business relationships |
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403-9 |
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Work-related injuries |
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We record the most important types and frequency of work-related injuries for all employee groups according to the ASTM standard E2920-14, “Severe Incidents and Fatalities” (A. deaths, B. life-changing/life-altering cases, C. other). |
GRI 404 – Training and Education (2016)
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Disclosure number |
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Disclosure title |
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Section in Annual Report |
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Section in supplementary information on sustainability |
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Explanation/omission |
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Management Approach |
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404-2 |
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Programs for upgrading employee skills and transition assistance programs |
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GRI 405 – Diversity and Equal Opportunity (2016)
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Disclosure number |
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Disclosure title |
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Section in Annual Report |
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Section in supplementary information on sustainability |
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Explanation/omission |
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Management Approach |
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405-1 |
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Diversity of governance bodies and employees |
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At the end of the year 2022, the Supervisory Board consisted of six women (50%) and six men (50%). The age structure is as follows: 0% are 30–50 years old, and 100% are over 50. Membership in a minority is not recorded for legal reasons. In fiscal 2022, the gender distribution of employees was broken down into male and female, as the company was not aware of any employees with other gender identities. Reference is made in the footnote to the small number of employees who did not state their gender. If this should change, the tables will be adjusted accordingly in future. |
GRI 406 – Non-discrimination (2016)
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Disclosure number |
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Disclosure title |
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Section in Annual Report |
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Section in supplementary information on sustainability |
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Explanation/omission |
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Management Approach |
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406-1 |
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Incidents of discrimination and corrective actions taken |
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For confidentiality reasons, we do not disclose the type and scope of the incidents reported. |
GRI 407 – Freedom of Association and Collective Bargaining
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Disclosure number |
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Disclosure title |
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Section in Annual Report |
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Section in supplementary information on sustainability |
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Explanation/omission |
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Management Approach |
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407-1 |
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Operations and suppliers in which the right to freedom of association and collective bargaining may be at risk |
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In fiscal 2022, no significant cases were reported using formal grievance mechanisms. There was no high risk for the sites in the year 2021, as the local heads of Human Resources and the local managing directors are required by internal rules to maintain a regular exchange of information with unions and employee representatives. |
GRI 414 – Supplier Social Assessment (2016)
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Disclosure number |
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Disclosure title |
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Section in Annual Report |
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Section in supplementary information on sustainability |
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Explanation/omission |
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Management Approach |
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414-2 |
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Negative social impacts in the supply chain and actions taken |
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GRI 415 – Public Policy (2016)
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Disclosure number |
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Disclosure title |
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Section in Annual Report |
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Section in supplementary information on sustainability |
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Explanation/omission |
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Management Approach |
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415-1 |
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Political contributions |
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GRI 416 – Customer Health and Safety (2016)
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Disclosure number |
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Disclosure title |
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Section in Annual Report |
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Section in supplementary information on sustainability |
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Explanation/omission |
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Management Approach |
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416-2 |
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Incidents of non-compliance concerning the health and safety impacts of products and services |
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No significant incidents were reported through internal reporting in fiscal 2022. |
GRI 417 – Marketing and Labeling (2016)
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Disclosure number |
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Disclosure title |
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Section in Annual Report |
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Section in supplementary information on sustainability |
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Explanation/omission |
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Management Approach |
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417-1 |
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Requirements for product and service information and labeling |
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417-2 |
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Incidents of non-compliance concerning product and service information and labeling |
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No significant incidents were reported through internal reporting in fiscal 2022. |