Opportunities and Risks
As a company with global operations and a diversified portfolio, the Covestro Group is subject to a number of opportunities and risks.
Opportunity and risk management at Covestro is an integral part of the Group’s corporate governance system. See the “Opportunities and Risks Report” in the Combined Management Report in the Annual Report 2020 for a detailed explanation of our opportunity and risk management system and opportunity and risk situation.
Changes in the Risk Situation
At the time this Half-Year Financial Report was prepared, there had been no fundamental changes in the opportunity or risk situation since December 31, 2020. Additionally, there are no risks that could endanger the Group’s continued existence, and no such risks are currently identifiable for the future.
No new material developments have occurred in the legal proceedings presented in the Annual Report 2020, and no new material legal proceedings are pending.
See note 28 “Legal Risks” in the Notes to the Consolidated Financial Statements for additional information.