PPG has announced that it again achieved a Gold Rating in corporate social responsibility from EcoVadis, a leading provider of business sustainability ratings. Only 6% of evaluated companies met the qualifications for a Gold Rating.
PPG earned high scores for its environmental and ethics practices. The company also recently committed to assessing 1,000 key suppliers on EcoVadis’ four sustainability categories, which contributed to a 20-point increase in PPG’s sustainable procurement score, compared to its 2019 score.
EcoVadis experts evaluate company performance on 21 factors grouped into four categories: environment, labor and human rights, ethics and sustainable procurement. Each company is assessed in these areas based on size, location and industry. The rating methodology is based on international sustainability standards and initiatives, such as the Global Reporting Initiative (GRI) Standards, United Nations Global Compact and ISO 26000 standard (social responsibility).
“Our commitment to being an industry leader in sustainability is unwavering,” said Mark Cancilla, PPG vice president, environment, health and safety. “We know that our sustainability impact extends beyond the walls of PPG, reaching our global employees, customers, communities, supply chain partners and many other stakeholders. We look forward to furthering our progress and delivering on our 2025 goals.”
PPG recently published its 2020 Sustainability Report, which detailed its continued progress and strengthened focus on diversity, equity and inclusion, climate-related risks, supplier sustainability and more. The full report is available at sustainability.ppg.com.