Covestro's MacCleary gives keynote at petrochemical industry conference

PITTSBURGH, June 20, 2019 /PRNewswire/ -- At today's annual gathering of the Northeast petrochemical industry in Pittsburgh, Jerry MacCleary, chairman and CEO of Covestro LLC, discussed the critical need for corporate responsibility among gas and oil companies based in the Southwest Pennsylvania region.

Click to tweet: #Sustainability #CSR focus of @CovestroUS' @JerryMacCleary's keynote at #NEP2019: http://bit.ly/2x1Rzep.

One of several high-profile CEOs keynoting at Northeast U.S. Petrochemical Conference & Expo, MacCleary called on the companies to bolster their sustainable business practices, transparency and community engagement. By offering insight into the character of the region and its people, he made the case for why such corporate behavior is essential for companies doing business in the region.

"Pittsburgh is the home of some of the greatest philanthropists of the 19^th and 20^th centuries – Andrew Carnegie, Henry Clay Frick and H.J. Heinz who lived by the motto, 'heart power is better than horse power,'" MacCleary explained. "These traditions of social responsibility, caring, partnership and community building are intrinsic to the fabric of Pittsburgh and its people. Its citizens demand nothing less."

In urging companies to engage, he outlined a number of business and civic initiatives designed to help build the region and make it stronger. He pointed to education and workforce development programs, as well as diversity and inclusion efforts, such as The Advanced Leadership Initiative.

He also highlighted Covestro's own social purpose work around sustainability with Sustainable Pittsburgh and CEOs for Sustainability; the Allegheny Conference on Community Development and its newly established Sustainability Principles; and the Covestro Center for Community Engagement at Robert Morris University, which empowers "citizen philanthropy" by giving employees the tools to engage in skills-based volunteerism with nonprofit organizations.

"Employees want their companies to allow them to do social purpose work in the community," said MacCleary. "This certainly squares with who Pittsburghers are and what they expect of local companies.

"Let's work together to create the best version of Pittsburgh that we can."

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 2018 sales of EUR 14.6 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 healthcare industries. Other sectors include sports and leisure, cosmetics and the chemical industry itself. Covestro has 30 production sites worldwide and employed approximately 16,800 people at the end of 2018.

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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SOURCE Covestro LLC

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