Organizational Profile |
102-1 |
Name of the organization |
PPG |
102-2 |
Activities, brands, products and services |
Businesses |
102-3 |
Location of headquarters |
Pittsburgh, Pennsylvania, USA |
102-4 |
Location of operations |
Worldwide Operations
Facts about PPG |
102-5 |
Ownership and legal form |
PPG is a publicly owned company, with shares traded on the New York Stock Exchange (symbol: PPG). |
102-6 |
Markets served |
Businesses |
102-7 |
Scale of the organization |
Facts about PPG |
102-8 |
Information on employees and other workers |
People Overview
Data by employment contract are not applicable since our employees work on a permanent basis. |
102-9 |
Supply chain |
Supply Chain |
102-10 |
Significant changes to the organization and its supply chain |
2017 Annual Report & Form 10K (pages 30-33) |
102-11 |
Precautionary Principle or approach |
PPG Global Code of Ethics
2017 Annual Report & Form 10K (page 15) |
102-12 |
External initiatives |
Stakeholder Engagement |
102-13 |
Membership of associations |
Stakeholder Engagement |
Strategy |
102-14 |
Statement from senior decision-maker |
To Our Shareholders |
102-15 |
Key impacts, risks and opportunities |
Contained in various sections throughout the report.
2017 Annual Report & Form 10K (pages 15-18) |
Ethics and Integrity |
102-16 |
Values, principles, standards and norms of behavior |
PPG Vision, Mission, Strategy and Values
Global Code of Ethics |
102-17 |
Mechanisms for advice and concerns about ethics |
Global Code of Ethics |
Governance |
102-18 |
Governance structure |
Governance
Technology and Environment Committee
Sustainability Approach |
102-19 |
Delegating authority |
PPG Corporate Governance Guidelines |
102-20 |
Executive-level responsibility for economic, environmental and social topics |
Our Sustainability Committee establishes policies, programs and procedures and reports to the Technology and Environment Committee of our Board of Directors. Most Sustainability Committee members are officer-level employees. |
102-21 |
Consulting stakeholders on economic, environmental and social topics |
Stakeholders and other interested parties may send communications to the board, the independent directors (individually or as a group) or the lead director in writing by sending them in care of our corporate secretary at PPG, Inc., One PPG Place, Pittsburgh, Pennsylvania 15272. |
102-22 |
Composition of the highest governance body and its committees |
Board of Directors
Governance |
102-23 |
Chair of the highest governance body |
Board of Directors
Michael H. McGarry is Chairman and Chief Executive Officer, PPG. He serves as chair of our Executive Committee and is a member of our executive management team. |
102-24 |
Nominating and selecting the highest governance body |
Nominating and Governance Committee |
102-25 |
Conflicts of interest |
Corporate Governance Guidelines |
102-26 |
Role of highest governance body in setting purpose, values and strategy |
Technology and Environment Committee |
102-27 |
Collective knowledge of highest governance body |
Our Sustainability Committee’s work is reviewed by our Board of Director’s Technology and Environment Committee. The Sustainability Committee establishes policies, programs and procedures, including metrics, to help us better understand and address sustainability in our business practices in order to remain a leader in the business segments in which we participate. |
102-28 |
Evaluating the highest governance body’s performance |
Corporate Governance Guidelines |
102-29 |
Identifying and managing economic, environmental and social impacts |
Technology and Environment Committee |
102-30 |
Effectiveness of risk management processes |
Technology and Environment Committee |
102-31 |
Review of economic, environmental and social topics |
2017 Annual Report & Form 10K (pages 15-18) |
102-32 |
Highest governance body’s role in sustainability reporting |
The sustainability report is reviewed by our Sustainability Committee. |
102-33 |
Communicating critical concerns |
We have an open reporting environment and expect employees to raise any ethics- or compliance-related questions or concerns. We offer several reporting channels for employees to use, such as an anonymous Global Ethics Hotline that is available 24 hours every day. The phone numbers are also available on our internal and external Ethics websites so that anyone, including customers and suppliers, can report potential ethics violations by PPG employees and seek advice and assistance.
Employees are also offered other avenues to communicate their concerns or questions by contacting our “Ask the Experts” online resource, their supervisor, Human Resources representative and Chief Compliance Officer. All of these reporting channels are posted on the Ethics intranet.
Stakeholders and other interested parties may send communications to the Board, the independent directors (individually or as a group) or the Lead Director in writing by sending them in care of our corporate secretary at PPG, Inc., One PPG Place, Pittsburgh, Pennsylvania 15272. |
102-34 |
Nature and total number of critical concerns |
We do not disclose specific information about the number and nature of items communicated to, and addressed by, our Board of Directors. |
102-35 |
Remuneration policies |
PPG’s Directors receive an annual retainer, half of which is paid in cash on a quarterly basis and half of which is paid on the date of each annual meeting of shareholders in restricted stock units that vest on the day prior to the subsequent annual meeting of shareholders.
Annual incentive compensation of the company’s executives and senior managers is partially (30 percent) based on personal goals that tie to overall corporate business goals, with the remainder based on company and business financial performance. PPG does not require that its executives have personal goals linked to social or environmental performance, although some executives, by virtue of their responsibilities, may have goals related to those issues. |
102-36 |
Process for determining remuneration |
2018 Proxy Statement (page 22) |
102-37 |
Stakeholders’ involvement in remuneration |
2018 Proxy Statement (page 22) |
102-38 |
Annual total compensation ratio |
We report this information on a global basis.
2018 Proxy Statement (page 58) |
Stakeholder Engagement |
102-40 |
List of stakeholder groups |
Stakeholder Engagement |
102-41 |
Collective bargaining agreements |
About 33 percent of our total global workforce was covered by collective bargaining agreements in 2017. |
102-42 |
Identifying and selecting stakeholders |
Stakeholder Engagement |
102-43 |
Approach to stakeholder engagement |
Stakeholder Engagement |
102-44 |
Key topics and concerns raised |
Stakeholder Engagement |
Reporting Practice |
102-45 |
Entities included in the consolidated financial statements |
2017 Annual Report & Form 10K (page 46) |
102-46 |
Defining report content and topic Boundaries |
Materiality
Reporting Overview |
102-47 |
List of material topics |
Materiality |
102-48 |
Restatements of information |
Indicated when necessary throughout the report. |
102-49 |
Changes in reporting |
Indicated when necessary throughout the report. |
102-50 |
Reporting period |
2017 |
102-51 |
Date of most recent report |
2016 |
102-52 |
Reporting cycle |
Annual |
102-53 |
Contact point for questions regarding the report |
We encourage stakeholder feedback to assess the usefulness of this report and to provide suggestions regarding the content of future reports.
To provide feedback or request additional information, contact PPG at One PPG Place, Pittsburgh, PA 15272, Attention: Corporate Communications. |
102-54 |
Claims of reporting in accordance with the GRI Standards |
Reporting Overview
GRI Index |
102-55 |
GRI content index |
GRI Index |
102-56 |
External assurance |
Reporting Overview |