PPG recognized as only paint and coatings manufacturer on Barron's 100 Most Sustainable U.S. Companies list
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 CO?NCEPTtm 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 2030. 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 CO?NCEPT is a trademark and the PPG Logo, Colorful Communities and We protect and beautify the world are registered trademarks of PPG Industries Ohio, Inc.
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