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The company earned the top spot by having a strong percent of 2022 sales from sustainable products, as defined by Corporate Knights.
February 22, 2024
By: KERRY PIANOFORTE
Editor, Coatings World
PPG was named to the 2024 Corporate Knights Clean200 list as the leading paints, coatings and specialty materials manufacturer. The company earned the top spot by having a strong percent of 2022 sales from sustainable products, as defined by Corporate Knights. The Clean200 list ranks the 200 publicly traded companies that have the most sustainable total revenue, earning a minimum of 10% from sustainable sources. Among approximately 8,000 global firms that were evaluated, PPG ranked No. 161 overall on the list in sustainable revenue, reporting 19% of sales from products with third party sustainability certifications in 2022. PPG has a 2030 target to achieve 50% of sales from sustainably advantaged products, reaching 39% by the end of 2022. A critical component to reaching the goal is the company’s methodology for assessing the sustainable attributes of its products, evaluating based on energy efficiency, emissions reductions, toxicity reductions, resource efficiency and a paint or coating’s useful lifetime. The company also ensures sustainability is a core component of its research and development innovation pipeline. “Sustainability is at the forefront of our product development and innovation strategy,” said Diane Kappas, PPG vice president, global sustainability. “We are committed to minimizing our own environmental footprint as well as our customers’ and finding solutions to increase the useful lifetime of their most valuable assets. This recognition reinforces our commitment to meeting our 2030 targets and driving toward a more sustainable future.” Since 2022, PPG has launched several sustainably advantaged products, including:
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