Our sustainability vision, values and approach ladder up to our greater purpose: We Protect and Beautify the World.
Vision
To fulfill our purpose to Protect and Beautify the World, we are committed to delivering lasting value for all stakeholders. As One PPG, we operate with integrity, work safely, protect the environment for current and future generations, create a diverse, equitable and inclusive workplace, and engage and support the communities where we operate.
Values
- Operate safe, healthful workplaces, promote teamwork and reward performance by trusting our people every day in every way
- Cultivate a sense of belonging for all of our employees and harness the power of diversity to ignite innovation and performance
- Conduct business and operations in an ethical and compliant manner
- Minimize the impact of our operations on the environment
- Deliver innovative products and solutions, and partner with our customers to create mutual value that enables them to maximize the performance of their assets and preserve and protect the environment
- Partner with suppliers and customers to create value
- Deliver positive change in the communities where we operate and conduct business
Sustainability approach
PPG takes a broad approach to sustainability. Our sustainability organization is responsible for developing and advancing environmental, social and governance (ESG) goals, policies, programs and procedures throughout our company and value chain.
Our dedicated sustainability organization works alongside internal and external stakeholders to understand the environmental and social impacts of our business, and seeks opportunities to have a positive impact with our people, products and processes.
In 2022, we developed a new set of public goals that illustrate our ambitions through the year 2030. These goals, which are detailed in the 2022 Progress and Highlights section, include scope 1, 2, and 3 greenhouse gas emissions targets that have been validated by the Science Based Targets initiative. These targets align our decarbonization efforts with the goal laid out by the Paris Agreement to limit global warming to 1.5 degrees Celsius for our scope 1 and 2 goal, and well below 2 degrees Celsius for our scope 3 goal. Our targets also cover sustainably advantaged products, waste, water, supplier sustainability, DE&I, safety and health and community investments.
Our sustainability approach and public reporting are continuously evolving in response to feedback from our stakeholders, including customers, investors and regulators. We also take into account activities of market leaders and developing ESG reporting frameworks to ensure that we stay ahead of market expectations. This year, we have formatted this report to clearly separate our progress over the last year and standing information related to our management approach. We hope that this structure makes it easier for our stakeholders to find useful information on PPG's progress.
PPG intends to refresh our sustainability vision and values, as part of the company's broader work to align our efforts with the new 2030 targets and our enterprise growth strategy. While this work is ongoing, the vision and values included above are relevant for the 2022 reporting period.