Covestro awarded Top Employer in China for third consecutive year

  • “People-centric” pandemic response recognized
  • Multiple learning initiatives spur people development
In recognition of Covestro’s people-centric response in dealing with the Covid-19 pandemic and its continuous efforts in driving a learning culture, the company has been certified as a Top Employer in China for the third year running by the Top Employers Institute.
Covestro is Top Employer in China for third consecutive year
“Being recognized as Top Employer 2021 in China again underscores our achievements in caring for our employees and the continuous talent development efforts we have made in this very challenging year,” said Covestro China President Holly Lei. “I’d like to give credit to our employees who have shown remarkable solidarity and perseverance that enabled the China market to be the first to come out of the downturn.”

Being certified as a Top Employer showcases an organization’s dedication to a better world of work through excellent HR policies and people practices. The Top Employers Institute program certifies organizations based on the participation and results of their HR Best Practices Survey. This survey covers 6 HR domains consisting of 20 topics such as people strategy, work environment, talent acquisition, learning, well-being and diversity & inclusion and more.

People-centric pandemic response

When the novel coronavirus pandemic broke out in early 2020, Covestro made the safety and health of its employees a top priority and swiftly put in place comprehensive precautionary measures. Because of this quick response, Covestro’s production sites in China have been able to operate without disruptions, and none of their 2,700 employees on China’s mainland have been infected by the virus.

The company had also introduced a host of people-centric measures to tackle the challenges that employees might face because of the pandemic. These measures include launching the employee assistance program to provide 24/7 psychological counselling and assistance for employees and families; providing frequent support and updates on policies to colleagues, in particular those in Hubei province, then the epicenter of the pandemic; arranging online learning resources, including fitness courses, to help employees adapt to the shift of working at home and enhance overall well-being; and setting up a fast expense claim channel for Covid-19 treatment with full insurance coverage.

L&D Transformation to empower people and organization

Covestro China initiated a “Learning and Development Transformation” program in the past year to help individuals maintain their competitive and innovative edge and ensure the company continues to lead in a hyper-competitive and volatile market that is filled with uncertainties. As part of the L&D Transformation, the new internal trainer initiative is designed to help employees pick up knowledge and skills on a wide range of subjects from experts within the company, while providing learning opportunity and new identity to the internal trainers too to further their professional development. The company has also upgraded the “training catalogue” to a “learning guide” with the goal of enhancing the learning experience.

“We believe we will not only improve the effectiveness and efficiency of our organization, but also boost self-steered learning culture and empower our people with these initiatives,” said Lesley Lin, Head of Human Resources, Greater China, Covestro.

Top Employers Institute CEO David Plink said: “Despite the challenging year we have experienced, Covestro has continued to demonstrate the power of putting their people first in the workplace. We are proud to share this year’s announcement and congratulate the organizations who have been certified in their respective countries through the Top Employers Institute program.”


About Top Employers Institute:

Top Employers Institute is the global authority on recognising excellence in People Practices. We help accelerate these practices to enrich the world of work. Through the Top Employers Institute Certification Programme, participating companies can be validated, certified and recognised as an employer of choice. Established 30 years ago, Top Employers Institute has certified over 1,600 organisations in 120 countries/regions. These certified Top Employers positively impact the lives of over 7 million employees globally.

About Covestro:

With 2019 sales of EUR 12.4 billion, Covestro is among the world’s largest polymer companies. 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, and electrical and electronics industries. Other sectors include sports and leisure, cosmetics, health and the chemical industry itself. Covestro has 30 production sites worldwide and employs approximately 17,200 people (calculated as full-time equivalents) at the end of 2019.

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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.