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Covestro AG

Covestro AG is a leading global manufacturer of high-tech polymer materials.

Lobbying Activity

Meeting with Peter Liese (Member of the European Parliament)

9 Jan 2026 · Austausch

Covestro Urges EU to Fix 'Impracticable' Plastic Recycling Taxonomy Rules

4 Dec 2025
Topic — The European Commission is reviewing the technical screening criteria for the EU Taxonomy.
Message — Covestro proposes replacing the 100% recycled feedstock requirement with minimum threshold requirements. They also suggest using third-party certified automated tools for carbon footprint verification.12
Why — Simplified rules would reduce the administrative burden of verifying thousands of chemical products.34
Impact — Environmental advocates might argue that lowering thresholds dilutes the regulation's climate mitigation impact.5
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Meeting with Estelle Goeger (Cabinet of Executive Vice-President Stéphane Séjourné) and Bundesverband der Deutschen Industrie e.V. and

4 Nov 2025 · Overview of the Commission's Single Market Strategy.

Covestro AG Urges Expansion of Carbon Cost Compensation Scheme

5 Sept 2025
Topic — Rules for compensating energy-intensive industries for high indirect carbon costs.
Message — Covestro seeks to include more sectors and chemical park operators. They demand removing green conditions and stopping annual compensation cuts.123
Why — This would lower operational expenses and ensure long-term investment certainty.45
Impact — Environmental groups lose because the proposal rejects mandatory ecological investment requirements.6
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Covestro Backs CBAM Extension to Stop Downstream Carbon Leakage

22 Aug 2025
Topic — Consultation on extending the Carbon Border Adjustment Mechanism to include more downstream products.
Message — Covestro warns that carbon leakage occurs to a very large extent in downstream sectors. They support extending the mechanism's scope to prevent circumvention and protect European manufacturing.1234
Why — This extension would protect European manufacturers by reducing the risk of carbon leakage.5
Impact — Importers and non-EU producers will face a significantly higher administrative burden and costs.6
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Covestro Urges Market Reserve Reform to Protect Industrial Competitiveness

8 Jul 2025
Topic — Review of the EU emissions trading system and market stability reserve.
Message — They suggest abolishing the market stability reserve to prevent price distortions. The company calls for continued free emission permits to prevent production from moving abroad. They support including carbon removal technologies and waste incineration in the system.123
Why — Reducing carbon price volatility would lower costs and improve investment predictability for industry.4
Impact — Environmental groups lose because ending the invalidation of permits allows more climate pollution.56
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Meeting with Manuela Ripa (Member of the European Parliament) and Dow Europe GmbH and

26 Jun 2025 · REACH Reform

Meeting with Aurel Ciobanu-Dordea (Director Environment) and

3 Apr 2025 · Exchange of views on chemical recycling

Meeting with Claudia Canevari (Head of Unit Energy)

2 Apr 2025 · An exchange on current challenges and opportunities for the European chemicals industry

Meeting with Oliver Schenk (Member of the European Parliament)

19 Mar 2025 · Chemische Industrie in Europa

Meeting with Jens Gieseke (Member of the European Parliament, Rapporteur)

18 Feb 2025 · Altfahrzeuge-Verordnung

Meeting with Bruno Tobback (Member of the European Parliament)

27 Jan 2025 · Competitiveness of the Belgian-based chemical industry and environmental quality standards for groundwater polutants

Meeting with Jeannette Baljeu (Member of the European Parliament)

16 Jan 2025 · Water Framework Directive, EQS

Meeting with Jan Ceyssens (Cabinet of Commissioner Jessika Roswall)

17 Dec 2024 · Competitiveness, predictability in chemicals regulation, and ambitious rules on circularity

Meeting with Hildegard Bentele (Member of the European Parliament, Shadow rapporteur) and Plastics Europe

11 Nov 2024 · Environmental Quality Standards

Meeting with Peter Liese (Member of the European Parliament)

28 Aug 2024 · Austausch

Meeting with Alexandra Geese (Member of the European Parliament) and Bayer AG and LANXESS AG

9 Apr 2024 · European Elections

Covestro urges flexible plastic recycling targets for EU vehicles

4 Dec 2023
Topic — EU consultation on new regulations for end-of-life vehicle design and recycling.
Message — Covestro proposes a 20% post-consumer recycled plastic target supplemented by 5% circular materials. They demand immediate acceptance of chemical recycling using a mass balance credit model. They also seek clearer definitions to ensure diverse recycling technologies are recognized.123
Why — Broadening targets to include circular feedstocks would benefit Covestro's specialized polymer portfolio.4
Impact — Adhesive producers face unfair market disadvantages if labeled as obstacles to recycling.5
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Meeting with Jan Huitema (Member of the European Parliament, Shadow rapporteur)

16 Nov 2023 · New Genomic Techniques

Meeting with Milan Brglez (Member of the European Parliament, Rapporteur)

27 Sept 2023 · Water legislation

Meeting with Jan Huitema (Member of the European Parliament, Shadow rapporteur)

20 Sept 2023 · New Genomic Techniques

Meeting with Michael Bloss (Member of the European Parliament) and Currenta GmbH & Co. OHG

16 May 2023 · Energiewende

Meeting with Martin Hojsík (Member of the European Parliament, Shadow rapporteur) and Dow Europe GmbH and

21 Apr 2023 · Classification, Labelling and Packaging Regulation

Meeting with Milan Brglez (Member of the European Parliament, Rapporteur)

15 Mar 2023 · Water legislation

Meeting with Terry Reintke (Member of the European Parliament) and thyssenkrupp Steel Europe AG and

23 Feb 2023 · Austausch mit Vertretern NRW Wirtschaft

Meeting with Milan Brglez (Member of the European Parliament, Rapporteur) and EPPA SA

31 Jan 2023 · Water legislation

Meeting with Peter Liese (Member of the European Parliament, Rapporteur) and BUSINESSEUROPE and

20 Dec 2022 · ETS

Meeting with Jakop G. Dalunde (Member of the European Parliament, Shadow rapporteur)

4 Oct 2022 · ESPR (Staff Level)

Covestro AG seeks flexible green hydrogen production rules

17 Jun 2022
Topic — New rules for calculating greenhouse gas savings from synthetic and recycled fuels.
Message — Covestro requests a flexible methodology that recognizes hydrogen produced as a co-product. They propose basing carbon calculations on energy content instead of economic value.123
Why — The company could market its existing chemical byproducts as high-value renewable fuel.4
Impact — Industrial sectors lose because rigid rules force continued dependency on fossil fuels.5
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Meeting with Thierry Breton (Commissioner) and European Environmental Bureau and

5 May 2021 · Implementation of the chemicals strategy for sustainability

Response to Sustainable Products Initiative

30 Oct 2020

Feedback to the Commission’s Inception Impact Assessment on the Sustainable Products Initiative Summary Covestro welcomes the Commission’s Sustainable Products Initiative and its ambitious aim to make products placed on the EU market more sustainable, reducing their environmental footprint over the complete life cycle, increasing their lifespan, reducing waste and improving use rates of recycled and circular material. Having carefully analysed the Inception Impact Assessment, we would like to submit our feedback for the upcoming Initiative (please see attached). In summary we would like to make the following comments: I – The contribution of the plastics to products’ prolonged use, resource efficiency and circular manufacturing High-tech polymers offer outstanding performance properties that allow to increase products’ lifespan, safety, reparability and reusability, whilst optimising the use of natural resources and minimising waste. II – Role of investment and infrastructure to deliver a sustainable and circular product policy With the EU recovery plan, Europe has a unique opportunity to overhaul the infrastructure required for the full implementation of circular economy. III – Sustainability of key value chains Covestro would like to caution against using a one-size-fits-all approach with regards to the development of overarching products sustainability principles. We urge the Commission to develop criteria suited to individual products, ensuring that these are supported by solid, science-based methodologies which take into account the specificity of each product, its market sector and its functionality as well as the CO2 footprint of the final products. IV – Revision of Ecodesign Covestro supports the need to extend the Ecodesign Directive, as the design phase is crucial to improve products’ sustainability. However, in order to avoid unnecessary duplication of efforts and legal uncertainty it is important to ensure consistency with existing legislations. V – Recycled content incorporation Covestro agrees that increased requirements on incorporation of recycled content into new products could favour the uptake of secondary raw materials and therefore the transition into circular economy. We believe that there should not be mandatory requirements on minimum recycled content incorporation for all products. Instead, the uptake of recycled content for each specific value chain should rather depend on the preparedness of the recycling technologies, the availability of waste and the consistent implementation of end-of-waste criteria. VI – Presence of chemicals Chemical substances have an important role in production and supply chains, and they will continue to be key to digitalization, climate change ambitions and other Green Deal goals. Substances that do not represent a concrete risk for health and environment, based on scientific assessment, should not be phased out. VII – Transparency of information for consumers and value chain Covestro believes that the communication requirements need clearer definition with regard to the concerns they address. The potential of digital solutions for tracking and tracing within this framework, such as blockchain technology, digital passports, etc. requires further exploration and consideration. VIII - Green Public Procurement (GPP) rules must be ambitious but realistic In order to achieve the policy objectives, rules should favour products with the best environmental and sustainability performance, so that customers can identify and select them. Public authorities should be leading by example selecting products that holistically exhibit best performance levels in terms of sustainability, resource efficiency and CO2 footprint.
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Meeting with Thierry Breton (Commissioner) and

11 May 2020 · Discussion on the impact of COVID-19

Meeting with Elżbieta Bieńkowska (Commissioner) and

4 Sept 2018 · Alliance of Energy Intensive Industries - 2050 strategy

Meeting with Dominique Ristori (Director-General Energy) and European Chemical Industry Council and

8 Jun 2018 · clean energy transition

Meeting with Miguel Arias Cañete (Commissioner) and European Chemical Industry Council and

8 Jun 2018 · Energy transition and the energy intensive industry

Covestro demands potency be included in endocrine disruptor criteria

27 Jul 2016
Topic — This consultation defines scientific criteria for identifying endocrine disruptors within biocidal products.
Message — Covestro requests including potency and hazard characterization to identify substances of high concern. They oppose categories for suspected disruptors to avoid legal uncertainty and extra animal testing. They advocate for Option 4 to ensure regulatory effectiveness and efficiency.12
Why — This would limit the number of chemicals labeled as endocrine disruptors.34
Impact — Animal welfare groups lose as categories for suspected disruptors increase animal testing.56
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Covestro AG urges EU to include potency in disruptor criteria

27 Jul 2016
Topic — The consultation concerns the scientific criteria for identifying endocrine disruptors in plant protection products.
Message — Covestro recommends including potency to distinguish substances that pose higher safety risks. They also suggest avoiding chemical categorization to prevent unnecessary administrative burdens. The group advocates for a strict definition of how chemicals cause health effects.123
Why — This would reduce the company's compliance costs and prevent potential product bans.4
Impact — Public health advocates lose information regarding substances suspected of being endocrine disruptors.5
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