PPG Joins Make it Zero to Cut Scope 3 Emissions in DIY Sector

Group 1: Corporate Initiatives - PPG Industries Inc. has joined the Make it Zero initiative, focusing on reducing scope 3 greenhouse gas emissions in the DIY home improvement sector [1] - As a member of the initiative's task force, PPG is working on standardized methods for tracking and measuring carbon emissions, promoting best practices in reporting, and reducing scope 3 emissions [2] - The company is committed to collaborating with customers and suppliers to achieve sustainability goals and transition to lower-carbon products [3] Group 2: Financial Performance - PPG's shares have declined by 25.1% over the past year, while the industry has seen a smaller decline of 7.1% [4] - The company expects adjusted earnings per share (EPS) for 2025 to be between $7.75 and$8.05, indicating a 7% increase at the midpoint, excluding foreign currency impacts and higher tax rates [5] - Annual EPS growth is anticipated to be concentrated in the second half of 2025, with expectations of over $100 million in annualized share gains in the Industrial Coatings segment starting in the second half of this year [6]