Global coatings giant PPG is off to a glowing start to the year, with another boost to its reputation coming from Fortune Magazine’s ‘World’s Most Admired Companies’.
It is the 16th consecutive year, PPG has been recognised on the corporate reputation ranking system that identifies the largest, best-regarded companies around the globe, as voted on by industry peers.
The renowned list which has been led by Apple, Microsoft and Amazon for the fifth year in a row is scored by 3700 industry peers on nine reputation factors.
These include innovation, people management, use of corporate assets, social responsibility, quality of management, long-term investment, financial soundness, quality of products and services, and global competitiveness.
PPG earned its highest marks in ‘people management’ and ‘social responsibility’ and was ranked number two in the chemicals industry.
PPG Vice President and Chief Communications Officer Bryan Iams says it was an honour to be chosen again among 669 companies across 29 countries.
“We are proud and humbled to stand beside some of the world’s largest, most admired companies as we do our part to protect and beautify the world,” Iams said.
“This recognition is a testament to the hard work and dedication of our more than 50,000 employees that meet the needs of our stakeholders every day,”
The Fortune recognition is more reward for a company that promotes key ESG benchmarks; its environmental, social, governance credentials.
In January PPG notched up a place on Newsweek’s America’s Most Responsible Companies list, the annual assessment of the top 500 US players for the fourth consecutive year PPG.
That list is based on a review of publicly available performance data, covering environmental, social and corporate governance categories, along with a survey of 17,000 U.S. residents to get their perceptions of companies related to corporate social responsibility.
PPG also notched two other accolades as a preferred employer with accreditation in IT and embracing diversity.
PPG was recognised among the ‘Best Places to Work in Information Technology in 2024’ by Foundry’s Computerworld for companies that provide great benefits, challenges and compensation to IT staff.
PPG was also listed in the top 100 companies that cultivate diversity, equity and inclusion, and received a perfect score of 100 per cent on the Human Rights Campaign Foundation’s 2023 Corporate Equality Index relating to lesbian, gay, bisexual, transgender and queer workplace equality.