810-000839-003 Continue to make efforts to promote talent development

810-000839-003 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 employees810-000839-003 . 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 development with ‘people’ at the core. We care deeply about employee well-bein810-000839-003 g 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.

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