Commercial, Energy Efficiency, GHG Emissions - May 26, 2023
PPG Targets Approved by SBTi
PPG, a paints, coatings and specialty materials company, announced the validation of its decarbonization targets by the Science-Based Targets initiative (SBTi).
Aiming for "Purposeful, Profitable Growth," the company’s 2030 ESG targets include 50% of sales from sustainably advantaged products, a 50% reduction in Scope 1 and 2 GHG emissions relative to 2019, and a 30% reduction in Scope 3 GHG emissions relative to 2019.
“Solutions that generate productivity and sustainability benefits for our valued customers are a key piece of our growth strategy,” said PPG president and chief executive officer Tim Knavish in a statement. “We’ve made strong progress against our 2025 sustainability goals and now are pleased to introduce ambitious 2030 Environmental, Social and Governance (ESG) targets, including a sales target for sustainably advantaged products and greenhouse gas (GHG) emissions reduction targets validated by the SBTi.”
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