PPG again earns EcoVadis gold rating for sustainability practices, ranks among top 7% of evaluated companies
26 Avril 2024 - 4:02PM
Business Wire
PPG (NYSE:PPG) today announced that it has again earned a gold
rating in corporate social responsibility from EcoVadis, a leading
third-party sustainability ratings platform. PPG ranked higher than
93% of the 130,000 evaluated companies.
According to the EcoVadis rating methodology, PPG earned
“advanced” scores in the categories of environment, labor and human
rights, and sustainable procurement practices. Contributing to
PPG’s rating, in 2023:
- 44% of PPG’s sales were from sustainably advantaged
products
- The company reduced its scope 1 and 2 greenhouse gas emissions
by 10%
- 97% of PPG's key suppliers were assessed against stringent
sustainability and social responsibility criteria
EcoVadis experts evaluate companies based on 21 factors grouped
into four categories: environment, labor and human rights, ethics,
and sustainable procurement. Each company is assessed in these
areas based on size, location and industry. The rating methodology
is based on international sustainability standards and initiatives,
such as the Global Reporting Initiative (GRI) Standards, United
Nations Global Compact and ISO 26000 standard (social
responsibility).
“We take an extremely pragmatic approach to integrating
sustainability throughout our operations and within our value chain
to support our own ambitions and those of our customers,” said
Peter Votruba-Drzal, PPG vice president-elect, global
sustainability. “We are proud to be ranked among the top companies
for environmental and social responsibility. It is a testament to
the efforts of our more than 50,000 employees and reflects our
recent progress.”
PPG’s most recent ESG Report details the company’s continued
progress and focus on providing sustainably advantaged products,
services and solutions for its customers. The full report is
available at ppg.com/sustainability. The company’s 2023 ESG Report
will publish in late May.
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.
The PPG Logo and We protect and beautify the world are
registered trademarks of PPG Industries Ohio, Inc.
CATEGORY Sustainability
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Greta Edgar Borza Corporate Communications +1 724 316 7552
Mark Silvey Corporate Communications +1 412 759 1735
PPG Industries (NYSE:PPG)
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