PPG earned a spot on Barron's 100 Most Sustainable Companies list, ranking 43rd among the 1,000 largest publicly traded U.S. firms, recognizing PPG's dedication to environmental, social and governance (ESG) excellence.
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's journey toward sustainability includes being the first U.S.-based coatings company to have its 2030 greenhouse gas emissions reduction targets validated by the Science Based Targets initiative (SBTi). The company has also demonstrated a commitment to employee engagement, with Gallup noting a rate of engagement growth three times faster than that of comparable companies.
Among PPG's sustainability efforts is the introduction of the PPG SUSTAINABILITY CO2NCEPT system, an innovative approach encompassing a range of products, processes, digital tools and consulting services aimed at helping automotive body shops minimize their environmental footprint.
PPG's COLORFUL COMMUNITIES initiative aims to invest $15 million by 2025. To date, the initiative has completed more than 500 projects, positively affecting more than 9.2 million people since 2015.
