Energy Efficiency, GHG Emissions, Industrial, Sourcing Renewables - May 29, 2024
PPG Decreases Emissions by 10%, Adds RE
PPG, a paints, coatings and specialty materials manufacturer, announced strong progress against its near-term 2030 environmental, social and governance (ESG) targets, including a 10% reduction in GHG emissions within the company’s own operations (Scopes 1 and 2).
These reductions represent meaningful progress against the company-wide 2030 goal of achieving a 50% reduction in GHG emissions from its own operations, a target that has been validated by the Science Based Targets initiative (SBTi). The reduction is primarily due to the greening of the grid, power purchase agreements and purchasing renewable energy credits.
The company also announced a 12% reduction in value chain (Scope 3) emissions across purchased goods and services, customer processing of sold products and end-of-life treatment of sold products.
PPG’s progress during the past year includes 44% of sales derived from sustainably advantaged products, such as low-carbon, bio-based paints in the SEIGNEURIE™ PANTEX™ and GUITTET™ ODYSSÉE™ brands by PPG; 45% of process waste reused, recycled or recovered; and 97% of key suppliers assessed against sustainability and social responsibility criteria.
“Focusing on sustainability in its broadest sense is core to PPG’s purpose to protect and beautify the world,” said Diane Kappas, PPG vice president, global sustainability, in a statement. “We know that our commitments positively impact the environment, our customers and ultimately support PPG’s long-term growth. Our 2030 goals are pushing us into new areas, and we’re proud to demonstrate our global leadership in this space.”
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