PPG recognized in Newsweek’s America’s Most Responsible Companies list for fourth consecutive year

Rhea-AI Summary

PPG (NYSE:PPG) has been named to Newsweek magazine’s America’s Most Responsible Companies list for the fourth consecutive year. The 2024 list recognizes the 600 most responsible companies in the United States across 14 industry subcategories. PPG's commitment to driving incremental progress against its 2030 sustainability targets and making a meaningful impact in communities has been acknowledged. The selection was based on a review of publicly available performance data in the environmental, social, and corporate governance categories and a survey of 17,000 U.S. residents.

PITTSBURGH--(BUSINESS WIRE)-- PPG (NYSE:PPG) today announced that it has been named to Newsweek magazine’s America’s Most Responsible Companies list for the fourth consecutive year. Thousands of companies were considered for the 2024 list, which recognizes the 600 most responsible companies in the United States across 14 industry subcategories.

“PPG is proud to be included within this prestigious list,” said Diane Kappas, PPG vice president, global sustainability. “We are committed to driving incremental progress against our 2030 sustainability targets, integrating sustainability into how we operate and serve our customers, and making a meaningful impact in communities where we live, work and play.”

Companies in the 2024 list were selected based a review of publicly available performance data in the environmental, social and corporate governance categories and a survey of 17,000 U.S. residents about their perceptions of companies related to corporate social responsibility.

PPG continues to reduce the environmental impact of its operations, develop products that enhance customers’ sustainability, engage with communities, and further strengthen and diversify its global workforce. In May 2023, the company released its 2022 ESG Report, which highlighted progress toward achieving its goals in areas including:

• Announcing near-term 2030 sustainability targets, including scope 1, 2 and 3 greenhouse gas (GHG) emissions targets that have been validated by the Science Based Targets initiative (SBTi).
• Committed to investing $5 million by 2030 in environmental sustainability education, which will support programs such as workshops presented by the National Energy Education Development (NEED) Project, that assist grade school educators in building knowledge and capabilities for teaching energy topics in the classroom.
• Continuing to invest in PPG’s signature COLORFUL COMMUNITIES® initiative. The company marked more than 500 projects, with 90% of 2023 projects incorporating an element of sustainability.

To learn more about PPG’s sustainability efforts and progress, 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 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 $17.7 billion in 2022. We serve customers in construction, consumer products, industrial and transportation markets, and aftermarkets. To learn more, visit www.ppg.com.

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

CATEGORY Sustainability

View source version on businesswire.com: https://www.businesswire.com/news/home/20231220451846/en/

PPG Media Contact:

Greta Edgar Borza

Corporate Communications

+1 724 316 7552

edgar@ppg.com

www.ppg.com

Source: PPG

FAQ

What is PPG's current stock ticker symbol?

PPG's current stock ticker symbol is PPG and it is listed on the New York Stock Exchange (NYSE).

How many companies were considered for Newsweek's America's Most Responsible Companies list in 2024?

Thousands of companies were considered for the 2024 list, which recognizes the 600 most responsible companies in the United States across 14 industry subcategories.

How were companies selected for the America's Most Responsible Companies list?

Companies in the 2024 list were selected based on a review of publicly available performance data in the environmental, social, and corporate governance categories and a survey of 17,000 U.S. residents.