More news
- Asian paint regulatory round up – Indonesian exterior paint still uses lead, warns W...
- Nigeria’s paint industry navigates regulatory changes and economic challenges amid p...
- Focus on the global coatings market: Global coatings market outlook
- Innovative coatings mitigate effects of deepening climate change
- Ask Joe Powder – October 2024
PPG reported 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.”
READ MORE:
PPG to build its first new paint and coatings manufacturing facility in the USA for 15 years as part of US$300M investment
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
- US$13.1M 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.