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Performance Assessment and Continuous Improvement

Routine monitoring and assessment of product safety and stewardship, with processes in place to drive continuous performance improvement and implement corrective actions when needed.
  • Covestro promotes product stewardship throughout the organization through our Core Process focused on product safety and stewardship. This process incorporates new information or changes at all product life cycle stages. Health, safety, and environmental related risks are assessed based on information gathered at each stage and then product risk management options are implemented throughout the organization.
  • Compliance with legislation, customer requirements, and voluntary commitments (e.g. Responsible Care®) are embedded in internal and external value chains.
  • Covestro sustainability reports include our performance assessment and continuous improvement strategies: Covestro Annual Report 2017 and Covestro GRI Supplementary Report 2017.

Product Safety Code – Other Management Practices

  • Performance assessment and continuous improvement

    Routine monitoring and assessment of product safety and stewardship, with processes in place to drive continuous performance improvement and implement corrective actions when needed.

  • Accountability and management

    Clearly established organizational accountability for product safety and stewardship. Product safety and stewardship are integral to business processes and employee expectations.

  • Prioritization of products

    A risk-based process that considers available hazard and exposure information to prioritize products in need of further evaluation.

  • Leadership commitment

    Senior leadership commitment to a culture of product safety and stewardship. Each company’s senior leadership demonstrates clear commitment through their words, policies and actions throughout their organization and in external communications.

  • Product information

    A process to develop and maintain information on safety, health and environmental hazards, intended uses and exposures for new and existing products to support risk characterization and product safety management.

  • Risk characterization

    A process for the characterization of product risks based on information collected on hazards, intended uses, and exposures associated with the stages of a product’s lifecycle.

  • Product safety management

    A process to identify, implement, document and communicate health, safety and environmental measures to manage risk so that products can be safely used for their intended purposes.

  • Management of new information

    A process to identify and evaluate new information that may trigger changes to risk characterizations and product safety management actions. Such triggers include significant new product safety and stewardship information, including hazard, use and exposure information.

  • Product design and improvement

    A process that considers health, safety and environmental impacts in the innovation, design, development, and improvement of products, their manufacture, and uses.

  • Value chain communication, cooperation and outreach

    Processes to work with suppliers, customers and other value chain participants to foster product safety management and information exchange along the value chain, commensurate with risk.

  • Information sharing

    Publicly available product safety and stewardship information.

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