PPG wins China CSR award for third consecutive year
BEIJING, Dec. 24, 2012 – PPG Industries (NYSE:PPG) received the CSR Award - Special Prize for the third consecutive year and was named one of the top 100 Corporate Social Responsibility (CSR) companies in China at the 2012 China Social Responsibility Annual Forum in Beijing. The award recognized PPG’s social responsibility practices as exemplary among more than 3,000 candidates.
Mr. Hu Guocai, deputy chairman, China Association of Enterprises with Foreign Investment (CAEFI), center, presents awards at the 2012 China Social Responsibility Annual Forum to representatives including Zhao Hang, PPG manager and executive assistant, government affairs and business development, Asia Pacific, second from left.
Cathy Yan, PPG general manager for government affairs and business development, Asia Pacific, also won recognition for her leadership of PPG’s corporate social responsibility endeavors in China with this year’s Award for Excellence in Social Responsibility for an Individual.
The 2012 China Social Responsibility Annual Forum was sponsored by the China Association of Enterprises with Foreign Investment (CAEFI), China Foundation of Consumer Protection, China Private Economy Research Association and China Forum of Environmental Journalists (CFEG), in association with the Corporate Social Responsibility and Social Development Research Center of Tsinghua University and many other related institutions. The forum is regarded as one of the major events in the field of social responsibility and is now in its fourth year.
“Fulfilling corporate social responsibility is never a short-term endeavor,” Yan said. “We believe philanthropy in China needs wider involvement from corporate citizens to make our community more harmonious and to build a more beautiful China.”
Recognizing the needs and concerns of society is one of PPG’s key corporate values and is an integral part of the company’s sustainable growth strategy. PPG embraces corporate responsibility by actively and continuously supporting various charitable efforts across the Asia Pacific region and by investing in education, disaster rescue, care for disadvantaged groups and environmental protection efforts.
“Our comprehensive social responsibility efforts encourage employee volunteerism, making social responsibility a shared value for every employee, which in turn engenders better corporate social responsibility practices,” Yan added.
The top 100 CSR companies are selected via a strict evaluation by a jury comprised of leading experts and professionals. Selection is based on 44 metrics in 10 categories covering areas such as corporate governance and ethical values, employment and employee-rights protection, environmental protection and energy savings, product quality management, contribution to China's scientific and technological progress, and corporate image. PPG won the CSR Award - Special Prize for exceptional performance in all categories.
PPG: BRINGING INNOVATION TO THE SURFACE.(TM)
PPG Industries’ vision is to continue to be the world’s leading coatings and specialty products company. Through leadership in innovation, sustainability and color, PPG helps customers in industrial, transportation, consumer products, and construction markets and aftermarkets to enhance more surfaces in more ways than does any other company. Founded in 1883, PPG has global headquarters in Pittsburgh and operates in more than 60 countries around the world. Sales in 2011 were $14.9 billion. PPG shares are traded on the New York Stock Exchange (symbol:PPG). For more information, visit www.ppg.com.
Bringing innovation to the surface is a trademark of PPG Industries Ohio, Inc.
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