To our valued stakeholders,
As we present PPG's 2024 Sustainability Report, I am pleased to share our continued progress. Last year, we delivered innovative, sustainably advantaged solutions based on customer demand to improve their productivity and reduce overall environmental impacts. For nearly two decades, sustainability has been a cornerstone of our market innovations, providing customers with industry-leading products advancing performance and operational savings. Today, delivering productivity and sustainability for our customers remains a key enabler of our enterprise growth strategy and central to our purpose – We protect and beautify the world®.
In 2024, sustainably advantaged solutions comprised 41%* of our sales. Innovations like the PPG ENVIRO-PRIME® EPIC200X product are enhancing corrosion protection for the automotive industry while significantly improving productivity. At a customer's manufacturing facility, the EPIC200X product and application process reduced energy and material requirements yielding a total reduction of 3,500 metric tons of CO2 emissions per year. Coating each vehicle requires 0.6 kg less product, while the improved application process saves 5.6 million kWh of energy and 1.8 million gallons of water per year. Our 2030 goal of 50% of sales from sustainably advantaged solutions remains our measure of our progress toward developing solutions that help our customers meet their most pressing challenges in performance, sustainability and productivity.
We also continued to focus on the efficiency of our own operations. We're guided by 2030 emissions reduction targets validated by the Science Based Targets initiative (SBTi). For example, we completed an on-site solar installation at our Caivano, Italy, facility that serves the automotive market. The 1.5 megawatt solar installation represents a CO2 emissions reduction of approximately 390 metric tons annually. When considered together with a previously installed combined heat and power unit, the site reduced annual utility costs by approximately 15%. This implementation also provides renewable energy credits in the manufacture of our products to meet automotive customers' specifications.
In 2024, we also invested $18.4 million in communities globally. The 2024 funding supported more than 400 community partners and programs that are focused on advancing education and delivering community support, while encouraging PPG employee volunteerism. In 2025, the COLORFUL COMMUNITIES® program is reaching an important milestone, marking 10 years since the program’s launch and a decade of brightening communities around the world alongside our employee volunteers and community partners.
The progress detailed in this report reflects the dedication of our approximately 46,000 employees worldwide who make it happen every day as trusted partners for our customers, suppliers and communities.
Thank you for your continued confidence and interest in PPG.
Tim Knavish
PPG chairman and chief executive officer
*Sustainably advantaged products as a percentage of our total sales were impacted by the divestiture of the architectural coatings U.S. and Canada business in 2024.