{"id":766046,"date":"2023-06-26T11:06:01","date_gmt":"2023-06-26T15:06:01","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ppg-to-reduce-carbon-emissions-by-9400-metric-tons-annually-with-latest-renewable-energy-investment\/"},"modified":"2023-06-26T11:06:01","modified_gmt":"2023-06-26T15:06:01","slug":"ppg-to-reduce-carbon-emissions-by-9400-metric-tons-annually-with-latest-renewable-energy-investment","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ppg-to-reduce-carbon-emissions-by-9400-metric-tons-annually-with-latest-renewable-energy-investment\/","title":{"rendered":"PPG to reduce carbon emissions by 9,400 metric tons annually with latest renewable energy investment"},"content":{"rendered":"

<\/p>\n

PPG to reduce carbon emissions by 9,400 metric tons annually with latest renewable energy investment<\/b><\/p>\n

Agreement with NRG Energy boosts progress toward 2030 emission reduction targets<\/i><\/p>\n

PITTSBURGH–(BUSINESS WIRE<\/a>)–
\nPPG (NYSE:PPG) today announced an agreement with NRG Energy Inc. (NYSE:NRG) brand Direct Energy that will enable four PPG paints and coatings manufacturing facilities and 62 PPG PAINTS\u00ae stores in Texas to reduce their carbon footprint. According to the U.S. Environmental Protection Agency\u2019s (EPA) greenhouse gas (GHG) equivalencies calculator, the initiative is estimated to reduce PPG’s total greenhouse gas (GHG) emissions by more than 9,400 metric tons annually \u2013 which is equal to powering 2,092 traditional combustion engine vehicles, each driving 11,000 miles for one year.<\/p>\n

\n\u201cPPG has a strong history of focusing on energy efficiency and renewable energy sourcing, which has resulted in a 17% reduction in absolute GHG emissions since 2017 \u2013 but we know we must strive for more,\u201d said Diane Kappas, PPG vice president, global sustainability. \u201cAs a result, we are continuing to make significant strides toward our renewable energy strategy and furthering our climate mitigation impact across our value chain.\u201d<\/p>\n

\nPPG recently received validation of its 2030 science-based targets from the Science Based Targets initiative (SBTi). The 2030 goals were set with a 2019 baseline year and include a 50% reduction in scope 1 and 2 GHG emissions and 30% reduction in scope 3 GHG emissions.<\/p>\n

\nThrough the agreement with Direct Energy, PPG\u2019s Gainesville, Temple, Dallas and Grand Prairie manufacturing locations, as well as 62 PPG Paints<\/i> stores in Texas, will purchase Renewable Energy Certificates (RECs) generated by a wind facility located in Crockett County, Texas, which will help reduce emissions associated with their annual power usage. The agreement includes approximately 126,000 megawatt hours (MWh).<\/p>\n

\n\u201cWe work hard to provide our customers with tailored energy solutions,\u201d said Scott Hart, head of sales, NRG Business. \u201cWe are pleased to connect with PPG to help them achieve a more sustainable future through our renewable energy services.”<\/p>\n

\nPPG previously announced a power purchase agreement<\/a> with energy firm Constellation for its Adrian, Mich., facility, which is expected to help PPG reduce its carbon footprint by more than 2,400 metric tons annually. The company\u2019s Carrollton, Texas, facility is also powered with clean, renewable energy<\/a> from the 200 MW Big Star Solar Project, as part of an agreement with Constellation.<\/p>\n

\nTo learn more about PPG\u2019s decarbonization efforts, visit PPG\u2019s 2022 ESG Report, available on PPG.com\/sustainability<\/a>.<\/p>\n

PPG: WE PROTECT AND BEAUTIFY THE WORLD\u00ae<\/b><\/p>\n

\nAt PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and specialty materials that our customers have trusted for 140 years. Through dedication and creativity, we solve our customers\u2019 biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we operate and innovate in more than 70 countries and reported net sales of $17.7 billion in 2022. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com<\/a>.<\/p>\n

PPG Paints<\/i>, <\/i>the PPG Logo<\/i> and We protect and beautify the world <\/i>are registered trademarks of PPG Industries Ohio, Inc.<\/p>\n

\nCATEGORY Sustainability<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230626468623\/en\/<\/a><\/span><\/p>\n

\nGreta Edgar Borza
\n
Corporate Communications
\n
+1 724 316 7552
\n
edgar@ppg.com
\n<\/a>
www.ppg.com<\/a><\/p>\n

KEYWORDS:<\/b> Pennsylvania United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Environmental Health Interior Design Architecture Other Construction & Property Residential Building & Real Estate Commercial Building & Real Estate Other Manufacturing Construction & Property Climate Change Alternative Energy Energy Green Technology Chemicals\/Plastics Manufacturing Sustainability Environment Environmental Issues<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

PPG to reduce carbon emissions by 9,400 metric tons annually with latest renewable energy investment Agreement with NRG Energy boosts progress toward 2030 emission reduction targets PITTSBURGH–(BUSINESS WIRE)– PPG (NYSE:PPG) today announced an agreement with NRG Energy Inc. (NYSE:NRG) brand Direct Energy that will enable four PPG paints and coatings manufacturing facilities and 62 PPG PAINTS\u00ae stores in Texas to reduce their carbon footprint. According to the U.S. Environmental Protection Agency\u2019s (EPA) greenhouse gas (GHG) equivalencies calculator, the initiative is estimated to reduce PPG’s total greenhouse gas (GHG) emissions by more than 9,400 metric tons annually \u2013 which is equal to powering 2,092 traditional combustion engine vehicles, each driving 11,000 miles for one year. \u201cPPG has a strong history of … <\/p>\n

Continue reading “PPG to reduce carbon emissions by 9,400 metric tons annually with latest renewable energy investment”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-766046","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nPPG to reduce carbon emissions by 9,400 metric tons annually with latest renewable energy investment - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ppg-to-reduce-carbon-emissions-by-9400-metric-tons-annually-with-latest-renewable-energy-investment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PPG to reduce carbon emissions by 9,400 metric tons annually with latest renewable energy investment - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PPG to reduce carbon emissions by 9,400 metric tons annually with latest renewable energy investment Agreement with NRG Energy boosts progress toward 2030 emission reduction targets PITTSBURGH–(BUSINESS WIRE)– PPG (NYSE:PPG) today announced an agreement with NRG Energy Inc. (NYSE:NRG) brand Direct Energy that will enable four PPG paints and coatings manufacturing facilities and 62 PPG PAINTS\u00ae stores in Texas to reduce their carbon footprint. According to the U.S. Environmental Protection Agency\u2019s (EPA) greenhouse gas (GHG) equivalencies calculator, the initiative is estimated to reduce PPG’s total greenhouse gas (GHG) emissions by more than 9,400 metric tons annually \u2013 which is equal to powering 2,092 traditional combustion engine vehicles, each driving 11,000 miles for one year. \u201cPPG has a strong history of … Continue reading "PPG to reduce carbon emissions by 9,400 metric tons annually with latest renewable energy investment"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/ppg-to-reduce-carbon-emissions-by-9400-metric-tons-annually-with-latest-renewable-energy-investment\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-26T15:06:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20230626468623r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ppg-to-reduce-carbon-emissions-by-9400-metric-tons-annually-with-latest-renewable-energy-investment\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ppg-to-reduce-carbon-emissions-by-9400-metric-tons-annually-with-latest-renewable-energy-investment\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"PPG to reduce carbon emissions by 9,400 metric tons annually with latest renewable energy investment\",\"datePublished\":\"2023-06-26T15:06:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ppg-to-reduce-carbon-emissions-by-9400-metric-tons-annually-with-latest-renewable-energy-investment\\\/\"},\"wordCount\":588,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ppg-to-reduce-carbon-emissions-by-9400-metric-tons-annually-with-latest-renewable-energy-investment\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20230626468623r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ppg-to-reduce-carbon-emissions-by-9400-metric-tons-annually-with-latest-renewable-energy-investment\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ppg-to-reduce-carbon-emissions-by-9400-metric-tons-annually-with-latest-renewable-energy-investment\\\/\",\"name\":\"PPG to reduce carbon emissions by 9,400 metric tons annually with latest renewable energy investment - 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