Reading in the press over the holidays about the need for further consolidation in the paint industry and the growing global presence of the top three companies (PPG, AkzoNobel and Sherwin Williams), I was reminded just how much journalists focus on the sales revenue, geographic spread, product range and overall growth potential of a company, as if that were all that matters in this world.
This month, the PCI sustainability blog is going outside the realm of paint to learn from a completely different industry that has relevance for all companies in the coatings industry. The lesson comes from a founding member of The Sustainability Consortium (TSC) that has boldly announced a significant change to its business model, which embraces all three pillars of Sustainability.
AkzoNobel has joined the Together for Sustainability (TfS) initiative, a move that will help drive improvements throughout the company’s global supply chain.
The world is getting increasingly interested in determining the most sustainable ways of meeting society’s requirements for materials, products and services. Some governments are getting very active in this quest and so are consumer-driven organisations that have increasing concerns about the current ways we are all living.
We have learned that every element of the product life cycle has implications for the environmental, social and economic pillars of sustainability, and that all three elements need to be taken into account when new products are being developed.
A new innovation center of the Consumer Specialties Business Unit (CS) at Evonik’s Goldschmidtstraße site has been certified by the German Sustainable Building Council (DGNB).
Sustainable development in the United States went up several notches in political priority following the recent speech on Climate Change by President Obama.
