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Chinese version of Axalta's latest Sustainability Report now available
Company continues to reduce environmental footprint and develop innovative and sustainable coatings technologies while operating safely

Shanghai, China – OCT. 28, 2020 – Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings, issued its latest Sustainability Report and its China-specific site is now available at https://sustainability.axalta.com/cn/. The report highlights the company’s advancements in sustainable business practices, including technology, operations and responsible sourcing during the years 2018-2019.

“Sustainability is fundamental to our core values, our business and is embedded in everything we do,” said Robert Bryant, Axalta’s Chief Executive Officer. “From Axalta’s innovative technologies that help customers save energy and increase productivity, to the ways we are making our operations safer and lowering our environmental impact, to our unwavering commitment to acting with integrity, this Sustainability Report shares the progress that our global team has collectively achieved. Many of Axalta’s stakeholders are increasingly interested in sustainability topics, and this report is only one way we demonstrate our sustainability priorities and accomplishments.”

In the two-year period that the report covers, Axalta demonstrated its ongoing commitment to sustainability and progress toward goals across a range of environmental, social and governance (ESG) areas.

“The Chinese market is paying increased attention to sustainability topics. We are pleased to issue the Chinese version of Axalta’s Sustainability Report,” said Simon Lee, Interim President of Axalta China. “We believe it is important to communicate in the local language to more effectively engage with our stakeholders in China.” 

The report highlights numerous awards Axalta has received from customers and technology organizations, and others that recognized the company’s sustainability programs and performance.

The report also showcases Axalta’s more than 150 years of experience in the industry and longstanding commitment to advancing coating technologies and developing sustainable products that make materials last longer and perform better. Axalta continues to invest in innovation, launching more than 250 new products in each of the past two years and opening its Global Innovation Center in Philadelphia, Pennsylvania, U.S.A., the world’s largest color and coatings research and development center.

Axalta reaffirmed its commitment to safe and responsible manufacturing by unveiling “Driving Perfect Performance” as its new operating slogan along with additional safety training globally. In 2019, Axalta achieved a best-ever total recordable incident rate of 0.11 in Asia, which is top-decile safety performance in the Asian coatings industry. Axalta reported reductions in energy use and associated greenhouse gas emissions from operations over the reporting period. The company also describes its efforts to advance responsible sourcing practices and human rights throughout its supply chain.

Between 2018 and 2019, Axalta continued its commitment to its people and local communities, and strengthened its internal talent development, employee engagement and diversity and inclusion efforts. Through Axalta’s ‘Bright Futures’ program, the company made a difference in the communities where it operates by collaborating with partners to advance science, technology, engineering and math (STEM) education and environmental stewardship initiatives.

The Chinese-translated version of Axalta’s Sustainability Report is available online at https://sustainability.axalta.com/cn/.  

 

About Axalta

Axalta is a global leader in the coatings industry, providing customers with innovative, colorful, beautiful and sustainable coatings solutions. From light vehicles, commercial vehicles and refinish applications to electric motors, building facades and other industrial applications, our coatings are designed to prevent corrosion, increase productivity and enhance durability. With more than 150 years of experience in the coatings industry, the global team at Axalta continues to find ways to serve our more than 100,000 customers in over 130 countries better every day with the finest coatings, application systems and technology. For more information, visit axalta.com and follow us @axalta on Twitter.

Contact:
Yang Hu
D +(86)21-6020-3594
F +(86)21-6020-3667
Yang.hu@axalta.com