The document provides an in-depth view of PPG’s status and progress on economic, environmental and safety, and social involvement initiatives.
“Sustainability has been an underlying principle for all of PPG’s actions since its founding in 1883,” said Charles E. Bunch, PPG chairman and chief executive officer. “So while this is our first report, I think the report demonstrates that PPG is no stranger to the concepts of sustainable business practices.”
The 32-page report is posted on PPG’s web site at www.ppg.com/2008CSR, and is self-declared to meet Global Reporting Initiative (GRI) G3 Application Level C requirements. The report reviews PPG’s vision, values, ethics and compliance programs and corporate governance. It also provides information on the company’s recent business performance, environmental metrics such as greenhouse gas emissions and energy usage, safety statistics, and information on the company’s philanthropic activities.
“It is our intent to issue this report every two years,” Bunch said. “It is my hope that it serves not as a static document, but as an invitation to a dialogue with our key stakeholders.”
Pittsburgh-based PPG is a global supplier of paints, coatings, optical products, specialty materials, chemicals, glass and fiber glass. The company has more than 140 manufacturing facilities and equity affiliates and operates in more than 60 countries. Sales in 2008 were $15.8 billion. PPG shares are traded on the New York Stock Exchange (symbol: PPG). For more information, visit www.ppg.com.