Energy Efficiency, GHG Emissions, Industrial - July 22, 2024
PPG Lowers Emissions by 10%
PPG, a paints, coatings and specialty materials manufacturer, announced a 10% reduction in Scope 1 and 2 GHG emissions within the company’s own operations against its 50% reduction by 2030 target that was validated by the Science Based Targets initiative (SBTi).
The company also announced a 12% reduction in value chain (Scope 3) emissions against its SBTi-validated 30% reduction by 2030 target across purchased goods and services, customer processing of sold products and end-of-life treatment of sold products.
The company announced that 97% of its key suppliers were assessed against sustainability and social responsibility criteria, and that it was included in the FTSE4Good Index Series for the sixth consecutive year. The FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong environmental, social and governance (ESG) practices against globally recognized standards.
“Sustainability is core to how PPG provides value to its customers,” said Peter Votruba-Drzal, PPG vice president, global sustainability, in a statement. “We are focused on reducing the environmental impact of our operations and providing sustainably advantaged innovations that anticipate the needs of our customers.”
PPG also recently reported progress against its 2030 sustainability targets, including that 44% of sales were from sustainably advantaged products, such as the PPG LINQ™ end-to-end digital solution for global refinish customers, allowing customers to reduce their environmental impact, optimize product consumption and reduce waste. Sustainably advantaged products are identified using PPG’s internal methodology that validates product attributes and their contribution towards the UN Sustainable Development Goals.
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