Coatings giant PPG has notched up another gong in its quest to turn its sustainability goals into commercial reality.
PPG has received the highest “AAA” rating for the second consecutive year from the Morgan Stanley Capital International ESG ratings assessment
“Sustainability is more than a goal – it’s a key part of our business strategy,” said Peter Votruba-Drzal, PPG vice president, global sustainability.
“It’s a catalyst for ongoing improvement across every part of our business, from customer solutions to facility operations,” Votruba-Drzal says.
“This recognition underscores how PPG is positioned to meet our customers’ needs: expanding our portfolio of sustainably advantaged solutions while reducing waste, water use, emissions and energy consumption.”
Morgan Stanley’s aim with the research it says is to provide in-depth research, ratings and analysis of the environmental, social and governance-related business practices of thousands of companies globally.
It rates global public and select private companies on a scale of AAA (leader) to CCC (laggard), according to exposure to industry-specific ESG risks and the ability to manage those risks relative to peers.
PPG was recorded as a leader in the research.