TAGS: Sustainability / Natural Coatings
PPG announces its inclusion in the FTSE4Good Index Series for the fifth consecutive year. The FTSE4Good Index Series, created by the global index and data provider FTSE Russell, is designed to measure the performance of companies demonstrating strong environmental, social and governance (ESG) practices.
Commitment to Reduce Absolute Emissions
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Sustainability is embedded into how we operate as an organization,” said Diane Kappas, PPG vice president, global sustainability. “
It enables us to achieve greater operational excellence and meet the evolving needs of our customers. We are honored to be a constituent of the FTSE4Good Index and recognized for our strong focus on sustainability and ESG priorities.”
The FTSE4Good indexes are used by a variety of market participants to create and assess responsible investment funds and other products. FTSE Russell evaluations are based on performance in areas such as corporate governance, health and safety, anti-corruption, climate change and other ESG criteria.
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 has also committed to have 50% of its sales from sustainably advantaged products by 2030.
Source: PPG Industries