Reviews Progress and Initiatives in Operations, R&D, Human Resources and
CSR
PHILADELPHIA--(BUSINESS WIRE)--
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid
and powder coatings, has published its sustainability report covering
the company’s progress against a range of sustainability metrics
measured over the course of 2014 and 2015. The report reviews
accomplishments in operations and environmental compliance, technology
and product innovations, talent acquisition and development that will
provide the foundation for sustained growth, and corporate social
responsibility initiatives that give back to the communities in which
Axalta operates. The report was prepared using the Global Reporting
Initiative’s (GRI) G4 guidelines and includes a completed GRI Index.
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Employees at Axalta's operations center in Tlalnepantla, Mexico, among the many people of Axalta around the world who sustain our business and help our customers succeed. (Photo: Axalta)
“Our report catalogs significant progress towards meeting key
sustainability goals that we set for ourselves, that we strive to help
our customers meet, and that society expects from responsible
companies,” explained Axalta Chairman and CEO Charlie Shaver.
“Sustainability is fundamental to our business. Our coatings are
designed to enable our customers’ products to last longer and perform
better. This will sustain their success, and when they succeed we do as
well. We’re also proud of our efforts to minimize our impact on the
environment as we manufacture our coatings.”
The two-year period covered by the report has been transformative in the
history of Axalta. After emerging as an independent company, Axalta
embarked on a growth course announcing expanded manufacturing facilities
in China, Germany, Brazil, Mexico, Argentina and India. These
facilities, either completed or under construction today, have been
designed with next-generation technology to reduce their environmental
footprint while providing quality coatings. Although production has
increased by more than 12 percent since 2013, and the number of
manufacturing sites has increased to 38 from 35, our energy intensity
rate has decreased by 6 percent over the same period. Data show that
Axalta’s commitment to maintaining a safe workplace has remained strong.
Investments were also announced to expand R&D capabilities that will be
needed to develop next-generation coating technologies for our customers
and that are formulated to help them meet their sustainability
objectives. New formulations enable Axalta vehicle coatings to perform
on carbon fiber and other lightweight substrates that are increasingly
integrated into vehicle design to improve fuel economy and reduce CO2
emissions. Axalta’s Alesta® powder coatings help reduce heat
absorption by buildings, reducing air conditioning costs and related
energy use, and make removal of graffiti, a multi-billion dollar burden
on both the public and private sector, more efficient and cost
effective. Energy solutions coatings such as Voltahyde™ that make motors
run more productively are also available in formaldehyde-free
formulations.
For more on Axalta’s sustainability initiatives and to read our full
report, please visit http://www.axaltacs.com/axaltasustainability.
About Axalta Coating Systems – Celebrating 150 Years in the Coatings
Industry
Axalta is a leading global company focused solely on coatings and
providing customers with innovative, colorful, beautiful and sustainable
solutions. From light OEM vehicles, commercial vehicles and refinish
applications to electric motors, buildings and pipelines, our coatings
are designed to prevent corrosion, increase productivity and enable the
materials we coat to last longer. With 150 years of experience in the
coatings industry, the 12,800 people of Axalta continue to find ways to
serve our more than 100,000 customers in 130 countries better every day
with the finest coatings, application systems and technology. For more
information, visit axaltacoatingsystems.com
and follow us @axalta on Twitter and on LinkedIn.
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Source: Axalta Coating Systems