PPG INDUSTRIES, INC.

(PPG)
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PPG Recognized by JUST Capital for Sustainability, Community Engagement Leadership

01/12/2022 | 11:07am EDT

Company outperforms industry average in nearly every category in annual ranking

PPG (NYSE:PPG) today announced its inclusion in JUST Capital’s 2022 America’s Most Just Companies list, which ranks how America’s largest publicly traded companies perform on the top issues that Americans prioritize.

The JUST Capital list recognizes best-performing companies across 20 business categories, including environmental performance, diversity and inclusion, community engagement, ethics, human rights, health and safety and livable wages.

PPG outperformed the industry average in nearly every category and saw an overall improvement of 274 spots since 2020. The company earned high marks for environmental and product sustainability and ranked No. 2 for community engagement and No. 1 in transparent communication in its industry.

“With more than 50,000 employees and operations in around 75 countries, we recognize the tremendous positive impact we can have on our customers, our employees, our communities and the environment,” said Diane Kappas, PPG vice president, global sustainability. “In turn, we have an obligation – and a commitment – to continuously improve our sustainable business practices. PPG’s inclusion on this prestigious list underscores this commitment, and our improved ranking demonstrates that we continue to make strides.”

The annual ranking evaluates nearly 1,000 of the largest public U.S. companies from the Russell 1000 Index, which represents more than 90% of the U.S. stock market value. Evaluated issues are identified through comprehensive quantitative surveys and qualitative focus groups conducted on public attitudes toward responsible corporate behavior. The 2021 evaluation process engaged 3,000 American respondents.

To learn more about PPG’s environmental, social, governance and sustainability efforts and progress, visit sustainability.ppg.com.

PPG: WE PROTECT AND BEAUTIFY THE WORLD™

At PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and materials that our customers have trusted for more than 135 years. Through dedication and creativity, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we operate and innovate in more than 75 countries and reported net sales of $13.8 billion in 2020. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com.

We protect and beautify the world is a trademark and the PPG Logo is a registered trademark of PPG Industries Ohio, Inc.

CATEGORY Sustainability


© Business Wire 2022
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Financials (USD)
Sales 2022 18 417 M - -
Net income 2022 1 501 M - -
Net Debt 2022 5 546 M - -
P/E ratio 2022 20,1x
Yield 2022 1,92%
Capitalization 29 366 M 29 366 M -
EV / Sales 2022 1,90x
EV / Sales 2023 1,75x
Nbr of Employees 49 300
Free-Float 40,5%
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Mean consensus OUTPERFORM
Number of Analysts 22
Last Close Price 124,33 $
Average target price 158,50 $
Spread / Average Target 27,5%
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Managers and Directors
Michael H. McGarry Chairman & Chief Executive Officer
Vincent J. Morales Chief Financial Officer & Senior Vice President
David S. Bem CTO, Vice President-Science & Technology
Bhaskar Ramachandran Chief Information Officer & Vice President
Timothy M. Knavish Chief Operating Officer
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