PPG announced its near-term 2030 sustainability goals, including greenhouse gas (GHG) emissions targets that have been validated by the Science Based Targets initiative (SBTi). The company marked strong progress against its environmental, social and governance (ESG) priorities, reporting increased sales of sustainably advantaged products, more efficient operations, strong momentum towards achieving diversity, equity and inclusion goals, greater supplier sustainability, and strengthened support within communities where the company operates.
“PPG has long been committed to reducing the environmental impact of its own operations, and we are proud to have validated science-based GHG emissions targets that are in line with the expectations of the Paris Agreement,” said Diane Kappas, PPG vice president, global sustainability. “By raising our sustainability ambitions and increasing sales of sustainable solutions for our customers, PPG is advancing its leadership in the paints and coatings industry.”
PPG has committed to reduce absolute emissions from its own operations (scope 1 and 2) by 50% by 2030 from a 2019 base year. It has also committed to reduce absolute scope 3 GHG emissions from purchased goods and services, processing of sold products, and end-of-life treatment of sold products by 30% within the same timeframe. The company’s emissions reduction strategy for its own operations includes energy efficiency projects and renewable energy sourcing. Within the value chain – or scope 3 – PPG is collaborating with suppliers to identify GHG emissions reduction opportunities and lower-carbon raw material sources. PPG recently signed an agreement with NRG Energy Inc. that will enable four PPG paints and coatings manufacturing facilities and 62 PPG PAINTS™ stores in Texas to operate on 100% renewable electricity.
In addition to its science-based emission targets, PPG’s other 2030 ESG targets against a 2019 baseline include 50% of sales from sustainably advantaged products, 15% reduction in water intensity at priority sites, 25% reduction in waste intensity, reuse, recycle or recover 100% of process waste, $5 million additional COLORFUL COMMUNITIES® funding, with each project incorporating an element of sustainability, making the total investment $15 million since 2015.
Additionally, 100% of key suppliers will be assessed against sustainability and social responsibility criteria, a goal of 100% of employees going home safely each day, and 5% annual reduction in spill and release rate.
Furthermore, the company outlined key progress from the 2022 reporting year including: the development of sustainable innovations that meet customers’ needs; a collaboration with an office furniture supplier to further increase the circularity of PPG powder coatings; continuing the company’s investment in PPG’s signature Colorful Communities initiative; and an improvement against 2025 diversity, equity, and inclusion goals.
To learn more, visit www.ppg.com.