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Pittsburgh, USA , May 26 , 2022 – PPG (NYSE: PPG ) today announced that the company is committed to developing near -term climate - science - aligned emission reduction plans for the company through the Science - Based Carbon Targets Initiative ( SBTi ) , The organization aims to help businesses develop decarbonization strategies and reduce the impact of climate chang.
Pittsburgh, USA , May 26 , 2022 – PPG (NYSE: PPG ) today announced that the company is committed to developing near -term climate - science - aligned emission reduction plans for the company through the Science - Based Carbon Targets Initiative ( SBTi ) , The organization aims to help businesses develop decarbonization strategies and reduce the impact of climate chang.
PPG 's existing target is to reduce greenhouse gas emissions intensity by 15% by 2025 from 2017 levels , and to achieve a phased reduction of 7% in 202 The company continues to report the emissions intensity of its own operations (Scope 1 emissions) and the emissions intensity of purchased electricity, steam, heating and cooling (Scope 2 emissions) on a long-term basis, and plans to announce its new 2030 emissions reductions in the coming months targ.
Diane Kappas , Vice President of Global Sustainability at PPG , said : “ At this critical time for climate change, we are committed to further assessing and reducing emissions across the value chai.
PPG also released its 2021 Environmental, Social and Governance ( ESG ) Report, detailing its progress on sustainable innovation, the board's ESG governance function, efforts to achieve the 2025 Sustainable Development Goals, and Further steps to support clients' sustainability goa.
Kappas continued: "Sustainability is at the heart of our 'protect and beautify the world' purpo.
The latest report highlights PPG 's global environmental protection measures and innovations, including: The latest report highlights PPG's global environmental protection measures and innovations, including:
ŸIntroduced PPG ERGOLUXE™ powder coating, which has a one-time powder application rate of up to 85% , and can reuse oversprayed coatin.
ŸIntroduced PPG ERGOLUXE™ powder coating, which has a one-time powder application rate of up to 85% , and can reuse oversprayed coatin.
ŸRelease of PPG COMEX ® TOP coating, which has made an outstanding contribution to the circular economy through the recycling and reuse of waste tires since its launch in 2021 , with more than 270,000 waste tires recovered from landfill.
ŸImplementing zero-emission projects at architectural coatings plants in the.
ŸTheinstallation of a combined heat and power ( CHP ) unit at the plant in Caivano , Italy , has greatly improved efficiency, equivalent to a reduction of approximately 1,100 metric tons of carbon dioxide ( CO 2 ) per yea.
Ÿ Invested more than $7 million in PPG 's global "Colorful Communities" campaign from 2015-202
In 2021 , PPG reduced process waste, increased its use of renewable energy, and increased sales of sustainable produc.
Ÿ38% of sales have been achieved from leading sustainable products, with a target of 40% by 2025 ; Ÿ38% of sales have been achieved from leading sustainable products, with a target of 40% by 2025 ;
Ÿ24% of electricity consumption has been achieved from renewable energy, and the target is to reach 25% by 2025 ;
Ÿ24% of electricity consumption has been achieved from renewable energy, with a target of 25% by 2025 ; Ÿ24% of electricity consumption has been achieved from renewable energy, with a target of 25% by 2025 ;Ÿ40% of production and R&D facilities have achieved zero process waste to landfill, higher than the target of 35% in 2025 ;
Ÿ40% of production and R&D facilities have achieved zero process waste to landfill, higher than the target of 35% in 2025 ; Ÿ40% of production and R&D facilities have achieved zero process waste to landfill, higher than 2025 35% of the stated target;Ÿ Waste treatment intensity decreased by 37% compared with 2017 , higher than the target value of 25 % in 202
Ÿ Waste treatment intensity decreased by 37% compared with 2017 , higher than the target value of 25 % in 202
To create strong and equitable communities, PPG strives to attract employees and focus on the diversity of tale.
Ÿ Announcement of new Diversity, Equity and Inclusion (DE&I) Commitment: Ÿ Announcement of new Diversity, Equity and Inclusion (DE&I) Commitment:
oBy 2025 , the proportion of non-first-line female professionals worldwide will reach 34%-3
As of December 31 , 2021 , this figure has reached 30 .
As of December 31 , 2021 , this figure has reached 30 .
oBy 2025 , the proportion of non-first-line female professionals worldwide will reach 34%-36.
As of December 31 , 2021 , this figure has reached 30 .
oIncrease the percentage of Black, Latino, and Asian Americans by 45%-55% among non-frontline workers in the.
(as of January 1 , 2021 .
By the end of 2021 , PPG 's non-frontline Black employees will increase by 13% , Latino employees by 9% , and Asian-American employees by 8.
(as of January 1 , 2021 .
By the end of 2021 , PPG 's non-frontline Black employees will increase by 13% , Latino employees by 9% , and Asian-American employees by 8.
oIncrease the percentage of Black, Latino, and Asian Americans by 45%-55% among non-frontline workers in the.
(as of January 1 , 2021 .
By the end of 2021 , PPG 's non-frontline Black employees will increase by 13% , Latino employees by 9% , and Asian-American employees by 8.
o Achieve50% participation in global Employee Resource Network ( ERN ) and Diversity, Equity and Inclusion (DE&I) capacity building by 202
By the end of 2021 , this figure has reached 33.
By the end of 2021 , this figure has reached 33.
o Achieve50% participation in global Employee Resource Network ( ERN ) and Diversity, Equity and Inclusion (DE&I) capacity building by 202
By the end of 2021 , this figure has reached 33.
Ÿ Release the first PPG DE&I repor.
ŸDevelop 8 global Employee Resource Networks ( ERN ) , covering more than 7,000 employees in more than 60 countrie.
ŸDevelop 8 global Employee Resource Networks ( ERN ) , covering more than 7,000 employees in more than 60 countrie.
Ÿ A cumulative investment of $ 4 million through 2021 to fund the education of black communities and people of color to advance racial equality in the United State.
Ÿ A cumulative investment of $ 4 million through 2021 to fund the education of black communities and people of color to advance racial equality in the United State.
The disclosures in PPG's 2021 report are in compliance with Global Reporting Initiative ( GRI ) standards and Sustainability Accounting Standards Board ( SASB ) chemical industry standar.
The company has also stepped up its reporting on the United Nations Sustainable Development Goals ( UN SDGs ) and reported on climate-related qualitative risks as required by the Task Force on Climate-related Financial Disclosures ( TCFD .
The company has also stepped up its reporting on the United Nations Sustainable Development Goals ( UN SDGs ) and reported on climate-related qualitative risks as required by the Task Force on Climate-related Financial Disclosures ( TCFD .
Information disclosure in the annual report complies with the Global Reporting Initiative ( ) standards and the Sustainability Accounting Standards Board ( ) chemical industry standar.
The company also strengthened its reporting on the United Nations Sustainable Development Goals ( ) and reported climate-related qualitative risks in accordance with the requirements of the Climate-related Financial Disclosure Task Force ( .
To learn more about PPG 's ESG work and to view the report, visit sustainabili.
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