Materials manufacturer Covestro has been recognized as “China’s Top Employer” by the Top Employer Research Institute for the sixth consecutive year for its outstanding performance in the areas of employee well-being, employer branding, HR digitization, and diversity and inclusion.

“Covestro is committed to improving employee well-being, promoting diversity, equity and inclusion, and improving the working environment, and being named China’s Top Employer for the sixth consecutive year is a great recognition.” Lei Huanli, President of Covestro China, said, “In the face of various challenges, we have always believed that employees are the key to the long-term success of the company. We will continue to empower our employees through a variety of programs and initiatives, while enhancing the agility and resilience of our organization to drive future sustainability.”

In terms of employee well-being, Covestro always regards the physical and mental health of its employees as an important cornerstone of long-term development. Covestro currently has about 30 employee well-being clubs, including sports and entertainment, all of which are spontaneously established and operated by employees. The management of the company also actively participates and promotes the concept of health and well-being. Since 2022, Covestro has offered the Harvard Happiness Course, which focuses on and exercises in five aspects: spirit, body, mind, relationship and emotion. In 2023, Covestro’s “Happiness Club” was established, and more colleagues joined the ranks of learning happiness and feeling happiness. These initiatives also actively promote the development of corporate diversity equity and inclusion (DEI).

In addition, Covestro also continues to promote talent development. The company integrates and optimizes the overall framework, philosophy and tools for talent development, which is released to colleagues worldwide in an innovative “Talent Development Experience Room”. This approach aims to help employees understand the full picture of Covestro’s talent development philosophy and tools, and can trigger reflection on their own and team development, and stimulate the enthusiasm of all employees to learn and apply new talent development concepts and tools.

Lin Ye, Vice President, Human Resources, Covestro Greater China, said: “At Covestro, we align the aspirations of our employees with the goals of the company to drive shared success. We continue to strengthen the framework and concept of talent

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development with ‘people’ at the core. We care deeply about employee well-being and strive to improve employee happiness and engagement. Through initiatives such as the digitalization of human resources, we are actively enhancing the employee experience while effectively driving organizational decisions.”

The Top Employers Survey’s certification program assesses participating companies’ current talent practices through the Human Resources Best Practices Survey Questionnaire. The questionnaire covers 20 topics across six areas of human resources, including talent strategy, work environment, talent acquisition, learning, well-being, and diversity and inclusion.

About Top Employers:

Top Employers Institute is the global authority on human resource excellence and is committed to creating a better workplace by emphasizing the importance of different human resource practices. This year we certified more than 2,300 companies in 121 countries, and these certified outstanding employers positively impact the lives of more than 12 million employees around the world.

Top Employers Research for Better Workplaces

About Covestro:

Covestro is one of the world’s leading producers of high-quality polymers and their components. Relying on innovative products, processes and methods, the company helps to promote sustainable development and improve the quality of life in many areas. Covestro serves customers worldwide in key industries such as transportation, construction and living, and electronics and electrical. In addition, Covestro polymers are used in fields such as sports and leisure, cosmetics and healthcare, as well as in the chemical industry itself.

The company is committed to a full cycle, with the goal of achieving climate neutrality by 2035 (Scopes 1 and 2). In fiscal year 2022, Covestro achieved sales of 18 billion euros. By the end of 2022, Covestro has 50 production sites worldwide and approximately 18,000 employees (based on full-time employees).