Sherwin-Williams has issued its 2020 sustainability report: Building in the Good.
The report details the company’s progress made in environmental, social and governance (ESG) goals, as well as introducing its new sustainability goals and aspirations.
"At Sherwin-Williams, sustainability has long been ingrained in our values and how we conduct business,” said John Morikis, Sherwin-Williams chairman, president and CEO. "This report reflects our holistic view of sustainability and an acceleration of our ESG journey, as we introduce new goals and aspirations under a redefined framework consistent with our corporate purpose to inspire and improve the world by coloring and protecting what matters."
Several highlights from the report include:
- Reduced carbon emissions by nearly 17% since 2017
- Reduced employee injuries by nearly 50% since 2015
- Collected 2.5 million gallons of paint for recycling since 2018
- Developed the first non-BPA epoxy coatings for food and beverage cans
- Developed a powder coating comprised of 25% pre-consumer recycled plastic
- Expanded the number of sustainably advantaged products to represent an estimated 30% of the product portfolio
- Strengthened communities through employee service on more than 120 nonprofit boards and financial support of more than 800 nonprofit organizations
By 2030, Sherwin-Williams plans to:
- Reduce absolute Scope 1 and 2 greenhouse gas emissions by 30%
- Increase renewable energy to 50% of total electricity usage
- Increase operational energy efficiency by 20%
- Reduce waste disposal intensity by 25%
In regard to social imprint, Sherwin-Williams plans to increase women in management roles to 30% by 2025, Increase under-represented racial/ethnic groups in U.S. management roles to 30% by 2025, and improve its score on the Sherwin-Williams Inclusion Index.
The full Sherwin-Williams Building in the Good report is available here.