November 21, 2018

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Covestro LLC Endorses U.N. Global Compact’s New Ocean Initiative

Submitted by: Covestro LLC

Categories: Environment, Corporate Social Responsibility

Posted: Jun 08, 2018 – 02:04 PM EST

 

PITTSBURGH, Jun. 08 /CSRwire/ - Covestro LLC is celebrating World Oceans Day 2018 and reaffirming its commitment to United Nations Global Compact and the 17 U.N. Sustainable Development Goals (U.N. SDGs) by joining the newly launched Sustainable Ocean Business Action Platform. 

Through the new ocean initiative, Covestro will work toward solutions that reduce and ultimately eliminate plastics in the world’s oceans, engaging thought leaders, businesses, non-governmental organizations, academia and other stakeholders in the conversation.

Click to tweet: Celebrating #WorldOceansDay and recommitting to the #GlobalGoals, @Covestro joins U.N. @globalcompact to #SaveOurOcean: http://bit.ly/2xXgALi.

According to the U.N. Global Compact, “Long-term ocean well-being is vital to societal well-being. The world’s ocean is our greatest common resource with a great potential to create more sustainable food, energy, minerals and transport for a growing world population, and can accelerate work across all 17 Sustainable Development Goals.”

Covestro shares the U.N.’s passion for keeping the oceans clean. Through its support of Operation Clean Sweep, the company has taken a global pledge to reduce marine debris by helping to keep plastic resin pellets from entering the waterways and oceans. Operation Clean Sweep is a global stewardship program administered by plastic associations around the world, including the American Chemistry Council (ACC) and The Plastics Industry Association in the United States. Its mission is to protect the environment by achieving zero pellet loss through the proper containment, reclamation and/or disposal of resin pellets.

“The marine debris issue is a global challenge that affects all of us,” said Jerry MacCleary, chairman and CEO of Covestro LLC and chairman of the ACC’s Executive Committee. “The ACC has been actively engaged in this issue for some time, and we at Covestro will be working closely with the ACC, the U.N. and our industry colleagues to deliver solutions that keep debris out of our oceans.”

Covestro joins the new Sustainable Ocean Business Action Platform to 1) help define leadership in responsible business practices and focus on growth, innovation and sustainability and 2) mobilize the private sector to take tangible action, make investments and form partnerships, while at the same time explore how to best protect the health of the ocean. 

Upon its establishment in 2015, Covestro, one of the world’s largest polymer companies, officially signed on to the U.N. Global Compact and committed to addressing the SDGs by aligning them to the company’s scientific R&D and embedding sustainability into its core business, innovation and social strategies. 

About Covestro LLC:
Covestro LLC is one of the leading producers of high-performance polymers in North America and is part of the global Covestro business, which is among the world’s largest polymer companies with 2017 sales of EUR 14.1 billion. Business activities are focused on the manufacture of high-tech polymer materials and the development of innovative solutions for products used in many areas of daily life. The main segments served are the automotive, construction, wood processing and furniture, electrical and electronics, and medical industries. Other sectors include sports and leisure, cosmetics and the chemical industry itself. Covestro has 30 production sites worldwide and employed approximately 16,200 people at the end of 2017. 

Find more information at www.covestro.us  

Forward-Looking Statements
This news release may contain forward-looking statements based on current assumptions and forecasts made by Covestro AG. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Covestro’s public reports which are available at www.covestro.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.

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