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 says it also marked strong progress against its environmental, social and governance (ESG) priorities, reporting increased sales of sustainably advantaged products, more efficient operations, strong momentum toward achieving diversity, equity and inclusion goals, greater supplier sustainability and strengthened support within communities where the company operates.
PPG says it 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.
In addition to its science-based emission targets, PPG adds its other 2030 ESG targets against a 2019 baseline are:
- 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
- 100% of key suppliers assessed against sustainability and social responsibility criteria
- 100% of employees go home safely each day
- 5% annual reduction in spill and release rate
“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.”
*The Science Based Targets initiative (SBTi) mobilizes companies to set science-based targets and boost their competitive advantage in the transition to the low-carbon economy. It is a partnership between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF).