PPG recognized as only paint and coatings manufacturer on Barron’s 100 Most Sustainable U.S. Companies list
February 27 2024 - 11:08AM
Business Wire
PPG (NYSE:PPG) today announced that it has been recognized on
Barron’s 100 Most Sustainable Companies list, ranking No. 43 out of
the 1,000 largest publicly traded companies in the U.S. for its
performance across environmental, social and governance (ESG)
indicators.
To make the list, Barron’s and Calvert Research and Management
rank companies on their performance in five primary categories:
shareholders, employees, customers, community, and the planet,
across 230 ESG performance indicators. Companies receive a score
from zero to 100 based on their performance within each category.
PPG received a final score of 70, placing it in the top 5% of all
evaluated companies.
“We are pleased to have PPG included in this ranking of Most
Sustainable Companies, recognizing the commitment we have to
driving business value from effective environmental, social and
governance programs,” said Diane Kappas, PPG vice president, global
sustainability. “We are constantly striving to make a positive
impact, aligned to our purpose to protect and beautify the
world.”
PPG has marked strong progress on its ESG journey,
including:
- Becoming the first U.S.-based coatings company to receive
validation of 2030 greenhouse gas emissions reduction targets from
the Science Based Targets initiative (SBTi).
- Marking continued improvement in employee engagement and
experiencing 3x faster engagement growth than comparable companies
according to Gallup.
- Innovating and introducing sustainably advantaged products and
processes that meet the evolving needs of customers, including the
PPG SUSTAINABILITY CO₂NCEPT™ system, a suite of products,
processes, digital tools and consulting services designed to help
body shops reduce energy, waste and greenhouse gas emissions
throughout the automotive repair process.
- Continuing to invest in PPG’s signature COLORFUL COMMUNITIES®
initiative, with the goal to invest $15 million by 2025. In 2023,
the company marked the completion of more than 500 projects,
impacting more than 9.2 million people since 2015.
To learn more about PPG’s sustainably efforts and recent
progress, visit ppg.com/sustainability.
PPG: WE PROTECT AND BEAUTIFY THE WORLD®
At PPG (NYSE:PPG), we work every day to develop and deliver the
paints, coatings and specialty materials that our customers have
trusted for more than 140 years. Through dedication and creativity,
we solve our customers’ biggest challenges, collaborating closely
to find the right path forward. With headquarters in Pittsburgh, we
operate and innovate in more than 70 countries and reported net
sales of $18.2 billion in 2023. We serve customers in construction,
consumer products, industrial and transportation markets and
aftermarkets. To learn more, visit www.ppg.com.
Sustainability CO₂NCEPT is a trademark and the PPG Logo,
Colorful Communities and We protect and beautify the world are
registered trademarks of PPG Industries Ohio, Inc.
CATEGORY Sustainability
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version on businesswire.com: https://www.businesswire.com/news/home/20240227297719/en/
Greta Edgar Borza Corporate Communications +1 724 316 7552
edgar@ppg.com Mark Silvey Corporate Communications +1 412 759 1735
silvey@ppg.com www.ppg.com
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