PPG marks strong progress against 2030 sustainability targets with latest report
May 23 2024 - 9:03AM
Business Wire
PPG (NYSE:PPG) today announced strong progress against its
near-term 2030 environmental, social and governance (ESG) targets,
including increasing sales from sustainably advantaged solutions
and reducing greenhouse gas (GHG) emissions throughout its own
operations and the value chain.
“Focusing on sustainability in its broadest sense is core to
PPG’s purpose to protect and beautify the world,” said Diane
Kappas, PPG vice president, global sustainability. “We know that
our commitments positively impact the environment, our customers
and ultimately support PPG’s long-term growth. Our 2030 goals are
pushing us into new areas, and we’re proud to demonstrate our
global leadership in this space.”
PPG’s 2023 ESG Report highlighted key progress from the
reporting year, including:
- 44% of sales from sustainably advantaged products, such as
low-carbon, bio-based paints in the SEIGNEURIE™ PANTEX™ and
GUITTET™ ODYSSÉE™ brands by PPG, which provide mass-market access
to sustainably advantaged paint without compromising affordability
or performance
- 10% reduction in GHG emissions within the company’s own
operations (scope 1 and 2)
- 12% reduction in value chain (scope 3) emissions across
purchased goods and services, customer processing of sold products
and end-of-life treatment of sold products
- 45% of process waste reused, recycled or recovered
- 13% reduction in water intensity in water-stressed areas
- 97% of key suppliers assessed against sustainability and social
responsibility criteria
- $13.1 million invested in the COLORFUL COMMUNITIES® initiative
since 2015
- On track to meet or exceed the majority of 2025 aspirational
goals for diversity, equity and inclusion
“We have a long history of enabling the success of our
customers, delivering industry-leading innovations, acting
ethically and mitigating the environmental impacts of our
operations,” said Peter Votruba-Drzal, PPG vice president-elect,
global sustainability. “From developing products and processes that
solve our customers’ biggest challenges to driving a more circular
economy, sustainability and productivity are at the core of what we
do.”
The full ESG report is available at 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.
Colorful Communities, the PPG Logo, and We protect and beautify
the world are registered trademarks of PPG Industries Ohio, Inc.
Guittet, Odyssée, Pantex and Seigneurie are trademarks of PPG AC
France.
CATEGORY Sustainability
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Greta Edgar Borza Corporate Communications +1 724 316 7552
edgar@ppg.com www.ppg.com
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