United States. Axalta Coating Systems releases its 2020-2022 Sustainability Report, citing progress on ambitious 2030 goals and reaffirming its commitment to a sustainable future.
Axalta says it is making progress toward achieving its 2030 ESG goals that address emissions, waste, water, diversity, community investment, governance and more.
The company's strategy focuses on developing sustainable products for customers, reducing emissions and operational waste, embedding a culture that supports diversity and inclusion, continuing to support local communities through Corporate Social Responsibility (CSR) programs, and ensuring ethical conduct throughout the company.
"Axalta has a responsibility to ensure sustainability remains central to every part of our business as we work to develop, manufacture and deliver sustainable products for our customers, enabling them to accelerate their own sustainability initiatives," said Chris Villavarayan, CEO and President of Axalta.
"While we have made significant progress, more needs to be done. Working as One Axalta will help us achieve our long-term goals and continue to innovate smarter surface solutions for a better life and a sustainable future," added Villavarayan.
Highlights of the report include:
Axalta was named one of America's Most Responsible Companies by Newsweek in 2022 and received multiple awards for green products.
Axalta has already made great progress in its goal of including a sustainability benefit in 80% of new technology and innovation developments.
Axalta increased investment in community engagement efforts by nearly 50% between 2020 and 2022.
Axalta's 2020-2022 report outlines its ESG approach and progress on the medium-term goals set in 2022.
