STOCK TITAN

PPG earns top ‘AAA’ sustainability rating from MSCI

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Neutral)
Tags

PPG (NYSE:PPG) has received the highest 'AAA' rating from the Morgan Stanley Capital International (MSCI) ESG ratings assessment, placing it in the top 11% of companies in the specialty chemicals category. This recognition highlights PPG's commitment to sustainability as a driver of continuous improvement in productivity.

Peter Votruba-Drzal, PPG vice president of global sustainability, emphasized the company's focus on increasing sales of sustainably advantaged solutions and reducing waste, water, emissions, and energy use. The MSCI ESG Research provides ratings on a scale from AAA (leader) to CCC (laggard), assessing companies' environmental, social, and governance-related business practices.

PPG, headquartered in Pittsburgh, operates in over 70 countries and reported net sales of $18.2 billion in 2023. The company serves customers in construction, consumer products, industrial and transportation markets, and aftermarkets.

PPG (NYSE:PPG) ha ricevuto il massimo 'rating AAA' dalla valutazione ESG di Morgan Stanley Capital International (MSCI), posizionandosi nell'11% migliore delle aziende nel settore delle sostanze chimiche speciali. Questo riconoscimento evidenzia l’impegno di PPG verso la sostenibilità come motore per il miglioramento continuo della produttività.

Peter Votruba-Drzal, vicepresidente della sostenibilità globale di PPG, ha sottolineato l'attenzione dell'azienda nell'aumentare le vendite di soluzioni sostenibili e nel ridurre rifiuti, consumo d'acqua, emissioni e uso di energia. La ricerca ESG di MSCI fornisce valutazioni su una scala che va da AAA (leader) a CCC (ritardatario), valutando le pratiche aziendali legate all'ambiente, alla società e alla governance.

PPG, con sede a Pittsburgh, opera in oltre 70 paesi e ha riportato vendite nette di $18,2 miliardi nel 2023. L'azienda serve clienti nei mercati della costruzione, dei prodotti di consumo, industriali e dei trasporti, oltre ai mercati post-vendita.

PPG (NYSE:PPG) ha recibido la máxima 'calificación AAA' de la evaluación de calificaciones ESG de Morgan Stanley Capital International (MSCI), colocándola en el 11% superior de empresas en la categoría de químicos especiales. Este reconocimiento resalta el compromiso de PPG con la sostenibilidad como motor de mejora continua en la productividad.

Peter Votruba-Drzal, vicepresidente de sostenibilidad global de PPG, enfatizó el enfoque de la empresa en aumentar las ventas de soluciones sostenibles y reducir desechos, consumo de agua, emisiones y uso de energía. La investigación ESG de MSCI proporciona calificaciones en una escala que va de AAA (líder) a CCC (rezagado), evaluando las prácticas empresariales relacionadas con el medio ambiente, lo social y la gobernanza.

PPG, con sede en Pittsburgh, opera en más de 70 países y reportó ventas netas de $18.2 mil millones en 2023. La compañía atiende a clientes en la construcción, productos de consumo, mercados industriales y de transporte, y postventa.

PPG (NYSE:PPG)는 모건 스탠리 캐피탈 인터내셔널(MSCI) ESG 평가에서 최고 'AAA 등급'을 받으며 특수 화학 분야의 11% 상위에 위치하게 되었습니다. 이 인정은 PPG의 지속 가능성에 대한 헌신이 생산성의 지속적인 개선을 이끄는 힘이 됨을 강조합니다.

PPG의 글로벌 지속 가능성 부사장인 피터 보트루바-드랄(Peter Votruba-Drzal)은 기업이 지속 가능한 솔루션의 판매를 늘리고 폐기물, 물, 배출량 및 에너지 사용을 줄이는 데 집중하고 있다고 강조했습니다. MSCI ESG 연구는 AAA(선도자)부터 CCC(낙후자)까지의 척도로 기업의 환경, 사회 및 거버넌스 관련 비즈니스 관행을 평가합니다.

피츠버그에 본사를 둔 PPG는 70개국 이상에서 운영되며, 2023년 순 매출 $182억 달러를 기록했습니다. 이 회사는 건설, 소비재, 산업 및 운송 시장, 그리고 애프터 마켓 고객에게 서비스를 제공합니다.

PPG (NYSE:PPG) a reçu la plus haute 'note AAA' de l'évaluation des notes ESG de Morgan Stanley Capital International (MSCI), la plaçant dans les 11% supérieurs des entreprises de la catégorie des produits chimiques spéciaux. Cette reconnaissance met en lumière l'engagement de PPG en faveur de la durabilité comme moteur d'amélioration continue de la productivité.

Peter Votruba-Drzal, vice-président de la durabilité mondiale chez PPG, a souligné l'accent mis par l'entreprise sur l'augmentation des ventes de solutions avantageuses sur le plan durable et la réduction des déchets, de l'eau, des émissions et de la consommation d'énergie. La recherche ESG de MSCI fournit des évaluations sur une échelle allant de AAA (leader) à CCC (retardataire), évaluant les pratiques commerciales liées à l'environnement, au social et à la gouvernance.

PPG, dont le siège est à Pittsburgh, opère dans plus de 70 pays et a déclaré un chiffre d'affaires net de 18,2 milliards de dollars en 2023. L'entreprise sert des clients dans les secteurs de la construction, des produits de consommation, de l'industrie et des transports, ainsi que sur les marchés secondaires.

PPG (NYSE:PPG) hat die höchste 'AAA-Bewertung' von der Morgan Stanley Capital International (MSCI) ESG-Bewertung erhalten, wodurch das Unternehmen in den besten 11% der Firmen im Bereich Spezialchemikalien eingeordnet wurde. Diese Anerkennung hebt das Engagement von PPG für Nachhaltigkeit als Treiber für kontinuierliche Produktivitätsverbesserungen hervor.

Peter Votruba-Drzal, Vizepräsident für globale Nachhaltigkeit bei PPG, betonte den Fokus des Unternehmens auf die Erhöhung des Umsatzes mit nachhaltigkeitsvorteilhaften Lösungen sowie die Reduzierung von Abfällen, Wasser, Emissionen und Energieverbrauch. Die MSCI ESG-Forschung bietet Bewertungen auf einer Skala von AAA (Führer) bis CCC (Nachzügler) und bewertet die Umwelt-, Sozial- und Governance-Praktiken von Unternehmen.

PPG hat seinen Hauptsitz in Pittsburgh, ist in über 70 Ländern tätig und meldete für das Jahr 2023 einen Nettoumsatz von 18,2 Milliarden US-Dollar. Das Unternehmen bedient Kunden in den Bereichen Bau, Verbrauchsgüter, Industrie und Transport sowie im Aftermarket.

Positive
  • None.
Negative
  • None.

PITTSBURGH--(BUSINESS WIRE)-- PPG (NYSE:PPG) today announced that it has received the highest “AAA” rating from the Morgan Stanley Capital International (MSCI) ESG ratings assessment. This achievement denotes PPG as a “leader,” listing the company within the top 11% of those in the specialty chemicals category.

“We see sustainability as a driver of continuous improvement in productivity – from how we serve our customers to how we operate our facilities,” said Peter Votruba-Drzal, PPG vice president, global sustainability. “We’re encouraged by this recognition, and we will continue to be motivated by our ambitious 2030 targets that will enable us to increase sales of sustainably advantaged solutions and reduce waste, water, emissions and energy use.”

MSCI ESG Research provides in-depth research, ratings and analysis of the environmental, social and governance-related business practices of thousands of companies globally. MSCI ESG Research provides ESG Ratings on global public and select private companies on a scale of AAA (leader) to CCC (laggard), according to exposure to industry-specific ESG risks and the ability to manage those risks relative to peers. The research is designed to provide critical insights that can help institutional investors identify risks and opportunities that traditional investment research may overlook.

To learn more about PPG’s sustainability progress and 2030 targets, visit ppg.com/sustainability.

PPG: WE PROTECT AND BEAUTIFY THE WORLD®

At PPG (NYSE: PPG), we work every day to develop and deliver the paints, coatings, and specialty materials that our customers have trusted for more than 140 years. Through dedication and creativity, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we operate and innovate in more than 70 countries and reported net sales of $18.2 billion in 2023. We serve customers in construction, consumer products, industrial and transportation markets, and aftermarkets. To learn more, visit www.ppg.com.

The PPG Logo and We protect and beautify the world are registered trademarks of PPG Industries Ohio, Inc.

CATEGORY Sustainability

PPG Media Contacts:

Greta Edgar Borza

Corporate Communications

+1 724 316 7552

edgar@ppg.com

www.ppg.com

Source: PPG

FAQ

What ESG rating did PPG (NYSE:PPG) receive from MSCI?

PPG received the highest 'AAA' rating from the Morgan Stanley Capital International (MSCI) ESG ratings assessment.

How does PPG's AAA rating compare to other companies in its category?

PPG's AAA rating places it within the top 11% of companies in the specialty chemicals category.

What are PPG's sustainability goals for 2030?

PPG aims to increase sales of sustainably advantaged solutions and reduce waste, water, emissions, and energy use by 2030.

What were PPG's net sales in 2023?

PPG reported net sales of $18.2 billion in 2023.

In how many countries does PPG operate?

PPG operates and innovates in more than 70 countries.

PPG Industries, Inc.

NYSE:PPG

PPG Rankings

PPG Latest News

PPG Stock Data

29.64B
233.30M
0.2%
85.6%
1.1%
Specialty Chemicals
Paints, Varnishes, Lacquers, Enamels & Allied Prods
Link
United States of America
PITTSBURGH