PPG ranked 43rd among the 1,000 largest American companies thanks to its performances related to environmental, social and governance indicators.
The international paints and coatings manufacturer PPG has recently received a score of 70 from the Barron's and Calvert Research and Management list thanks to its efforts in the key theme of sustainability, placing in the top 5% of companies evaluated.
In order to make the list, companies are ranked based on their performance in five main categories:
shareholders, employees, customers, community and planet. They are then evaluated accordinf to 230 ESG indicators, receiving a score from zero to one hundred based on their performances within each category.
“We are pleased to have PPG included in this ranking of Most Sustainable Companies, recognising the commitment we have to driving business value from effective environmental, social and governance programs. We are constantly striving to make a positive impact, aligned to our purpose to protect and beautify the world,” has stated Diane Kappas, Vice-President for global sustainability at PPG.
Reneclty,
PPG has made significant progress on its ESG journey, including:
- Becoming the first US coatings company to receive validation of 2030 greenhouse gas emission reduction targets from the Science Based Targets (SBTi) initiative;
- Innovating and introducing sustainable products and processes that meet evolving customer needs, including PPG SUSTAINABILITY CO₂NCEPT: a suite of products, processes, digital tools and consulting services designed to help body shops reduce energy, waste and GHG emissions;
- Continue to invest in PPG's COLORFUL COMMUNITIES initiative, with a goal of investing $15 million by 2025.