By CRM staff
Toronto, Ontario — May 28, 2019 — Since 2012, PPG has been keeping a sustainable future in mind for its customers. Fast forward six years later and PPG has improved its company through the community, business, and environment, with no plans on stopping there.
According to the paint company’s 2018 sustainability report, 70 percent of total energy consumption takes place in an automotive paint shop, in which PPG has helped lower that number to 39 percent with the companies low-cure paint technology.
“In addition to advancing our own sustainability, we are developing innovative products and processes that provide environmental and other sustainability benefits to our customers. In 2018, 32 percent of our total sales were derived from sustainably advantaged products and processes. Our goal is 40 percent by 2025,” said PPG chairman and CEO Michael H. McGarry.
But PPG has been working on more than improving the environment, it has been strengthening its business portfolio as well. The company made a total of $1.5 billion last year, completing four acquisitions which include, PAINTZEN, ProCoatings, HODIJ, and SEM.
The company has two other acquisitions with coatings manufacturer WHITFORD and German-based coatings manufacturer HEMMELRATH lined up this year and expected to be finalized within the next couple of months.
In terms of its workplace environment, PPG has been named as one of the best employers for Diversity from Forbes magazine for 2018. The report also shared that women in top management positions increased by 8 percent.
For more information about its 2018 Sustainability Report visit sustainability.ppg.com.