Axalta Commits to New Sustainability Goals for 2030
Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings, recently announced its commitment to an absolute reduction of 50 percent of Scope 1 and 2 greenhouse gas (GHG) emissions by 2030, on its way to becoming carbon neutral in its operations by 2040 – one decade ahead of the deadline set by the Paris Agreement on Climate Change. In addition, the company has made 10 new sustainability commitments for 2030. Key among these is the commitment to produce sustainability benefits from 80 percent of Axalta’s new product developments.
To set these goals, Axalta conducted a comprehensive environmental, social, and governance (ESG) materiality assessment with internal and external stakeholders, including customers, suppliers, investors, board members, community and local government leaders, and company executives.
Axalta also worked to align with the United Nations Sustainable Development Goals in developing its ESG framework, structured under three key pillars:
- Planet Solutions
- Business Solutions
- People Solutions
https://newsroom.axalta.com/2022-01-25-Axalta-commits-to-new-sustainability-goals-for-2030