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PPG is Recognized by Carbon Disclosure Project
PPG Industries has been recognized by the Carbon Disclosure Project (CDP)
as one of the leading S&P 500 companies and as the number-one company
in the chemicals and pharmaceuticals sector in the CDP's 2008 Leadership
Index. This distinction recognizes PPG's commitment to transparency and
emissions management.
PPG scored 80 of a possible 100 points in the Carbon Leadership Index
(CLDI), exceeding the 46.6 average of companies in its sector. Companies
report data voluntarily to the CDP.
"We are pleased to be acknowledged as a leader among our peers in
the area of carbon disclosure," said Reg Norton, vice president,
environment, health and safety, at PPG Industries. "PPG recognizes
the need to address global climate change and, as a global corporate citizen,
we not only have a responsibility to set aggressive greenhouse gas emissions-reduction
and energy-conservation goals, we see it as a fundamental business strategy
that will enable us to sustain success into the future."
As a manufacturer of energy-efficient products, PPG provides customers
with products that reduce environmental impact. PPG will work with others
to develop fair and effective international policies and advocate a market-based
price of carbon and credits derived from energy-savings products, Norton
said. In December 2007, PPG announced that as part of its continued commitment
to sustainable practices it set a goal to reduce its total energy intensity
by 25 percent from 2006 to 2016 and its total global greenhouse gas (GHG)
emissions by 10 percent from 2006 to 2011.
Launched in 2000, the Carbon Disclosure Project is the largest investor
coalition in the world, with more than 385 signatory investors with a
combined asset base of more than $57 trillion. The CDP solicits information
annually from the world's largest companies. The CDP's mission is to facilitate
a dialogue between investors and corporations, supported by high quality
information from which a rational response to climate change will emerge.
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