PPG Industries - 1792 Exchange

Corprate Bias Ratings

Risk Level:

Medium Risk

Summary:

PPG, a paints, coatings, and specialty materials supplier, does not provide viewpoint protections for its employees but has not publicly terminated business relationships due to views or beliefs. PPG covers the cost of "medically necessary transition-related care" for its employees and their children. It has also lobbied the Pennsylvania state legislature to add sexual orientation and gender identity to the state's list of protected classes. For these reasons, PPG Industries receives a Medium Risk rating.

Criteria

Risk Level

Rationale

Corporate Weaponization

Criteria

Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level

Rationale

PPG Industries has not publicly fired customers, suppliers, or vendors based on political views or religious beliefs. The company received a score of 100 on the Human Rights Campaign’s (HRC) Corporate Equality Index. Among other requirements, this means PPG Industries has pledged to vet vendors based on LGBTQ policies (1)(2).

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level

Rationale

PPG Industries’ charitable giving guidelines require that organizations abide by its nondiscrimination policy, including on the basis of sexual orientation and gender identity, thereby excluding some religious charities (1)(2).

Criteria

Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.

Risk Level

Rationale

PPG Industries does not provide viewpoint protections for its employees (1).

Corporate Governance and Public Policy

Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level

Rationale

PPG Industries has signed an open letter encouraging the Pennsylvania state legislature to add sexual orientation and gender identity to the state’s list of protected classes (1).

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level

Rationale

PPG Industries also has a perfect score on the HRC’s 2022 Corporate Equality Index. This score indicates the company covers the cost of “medically necessary transition-related care” for its employees and their children (1)(2). PPG pledged to pay over $20 million to “address systemic racism” (3)(4).

Criteria

Uses corporate political contributions for ideological, non-business purposes.

Risk Level

Rationale

PPG Industries has not used its PAC donations for ideological purposes (1).

All links were last accessed and all information was updated on:
October 10, 2023

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Voting History

Date	ESG Category	Proponent	Summary of Resolution	Mgmt Rec	Total Vote % in Favor
4/20/23	Governance	AFL-CIO	Independent Board Chair	Against	39.80%
4/19/22	Governance	AFL-CIO	Consider Pay Disparity Between CEO and Other Employees	Against	9.84%