Sherwin-williams Company (the) · NYSE:SHW
Sherwin-williams Company (the) — The Sherwin-Williams Company — ESG Presentation (June 2021)
27 slides from Sherwin-williams Company (the)'s sustainability presentation, Jun 8, 2021
Slide 1: Sustainability: Building in the Good
2021 F I NANCI AL CO M M UNI TY P RE S E NTATI O N SUSTAINABILITY ‘BUILDING IN THE GOOD’ BOB ISRAEL, PH.D. VICE PRESIDENT, GLOBAL SUSTAINABILITY
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation contains certain "forward-looking statements," as defined under U.S. federal securities laws. These statements can be identified by the use of forward-looking terminology such as "believe," "expect," “may,” “will,” “should," "project," "could," "plan," "g
Slide 3: Our Sustainability Philosophy
Our Sustainability Philosophy Sustainability is not new to Sherwin-Williams Building long-term, sustainable shareholder value Embedded in our culture and business practices Holistic approach to continuous improvement Sustainability makes GOOD BUSINESS SENSE FINANCIAL COMMUNITY PRESENTATION – JUNE 8,
Slide 4: Recent Milestones
Recent Milestones Reduced carbon Developed powder Expanded portfolio Recycled 2.5 million emissions by nearly coating using of products with favorable gallons of paint over 17% since 2017 recycled plastics life cycle assessments the last three years & ecolabel certifications Reduced employee Develop
Slide 5: ESG Governance – Oversight Accountability
ESG Governance – Oversight Accountability Board of Directors Oversight of risk management Nominating and Corporate Governance Committee Oversight of ESG policies, objectives and practices Sustainability Steering Committee Cross functional group of executive leaders Sustainability Council Group withi
Slide 6: Enhanced Disclosures
Enhanced Disclosures • Investor ESG Summary • Expanded reporting under CDP • Increased visibility of ESG governance • SASB reporting FINANCIAL COMMUNITY PRESENTATION – JUNE 8, 2021 6
Slide 7: Materiality Assessment
Materiality Assessment Climate and Footprint Product Stewardship Lifecycle Assessment Employee Engagement Employee Health & Safety and Recruitment FINANCIAL COMMUNITY PRESENTATION – JUNE 8, 2021 7
Slide 8: Our Sustainability Pillars
Our Sustainability Pillars Sustainability Commitments Our Environmental Our Product Our Social Footprint Blueprint Imprint Climate Chemical Management Employee Engagement Energy Sustainably Advantaged Products Inclusion, Diversity & Equity Waste Lifecycle Assessment Community Engagement Emissions Em
Slide 9: Next Generation Targets
OUR ENVIRONMENTAL FOOTPRINT Next Generation Targets Greenhouse Gas Energy Waste Climate Action Renewable Energy Emissions Efficiency Reduction Report Reduce absolute Increase renewable Increase Reduce waste scope 1 and 2 Prepare report energy to 50% of total operational energy disposal intensity gre
Slide 10: Stewardship Goals
OUR PRODUCT BLUEPRINT Stewardship Goals Sustainability Sustainably Advantaged Scope 3 Emissions By Design™ Products Further integrate sustainability Establish targets to increase Establish baseline for attributes into stage gate percentage of ‘Sustainably Scope 3 emissions (2021) progress (2021) Adv
Slide 11: Deep Portfolio of Sustainable Products
Deep Portfolio of Sustainable Products ProMar® Krylon POWDURA® ProMar® Ultra 9K® EcoSelect® AquaGuard® valPure® V70 Harmony® SuperDeck® 400 Quik-Tap™ ECO 200 HP Waterborne Zero VOC Zero VOC Reusable Coating Solutions Non-BPA Epoxy Powder Coatings Zero VOC Zero VOC Waterborne Basecoat System Interior
Slide 12: Focus Areas
OUR SOCIAL IMPRINT Focus Areas Inclusion, Diversity Employee Safety Community Engagement & Equity FINANCIAL COMMUNITY PRESENTATION – JUNE 8, 2021 12
Slide 13: Employee Safety Focus Areas
Employee Safety Focus Areas Process Safety Safety and Risk Occupational Health Increase maturity level Reduce recordable case rate Reduce ergonomic injuries of programs at sites to 0.8 by 2025 through safety training FINANCIAL COMMUNITY PRESENTATION – JUNE 8, 2021 13
Slide 14: Safety: Continuous Improvement
Safety: Continuous Improvement Systems, Tools, Processes Recordable Case Rate • Process Safety • Data driven initiatives 12% Average Annual Improvement in Recordable Case Rate from 2015-2020 Management • Safe driving initiatives 1.92 strategic initiatives • Focused process • System led EHS safety ad
Slide 15: Community Engagement
Community Engagement • Employee volunteerism • Employee giving • The Sherwin-Williams Foundation • Matching gifts program • HomeWork Program • Discounted or donated product FINANCIAL COMMUNITY PRESENTATION – JUNE 8, 2021 15
Slide 16: Inclusion, Diversity & Equity
2021 F I NANCI AL CO M M UNI TY P RE S E NTATI O N INCLUSION, DIVERSITY & EQUITY YENTIL RAWLINSON VICE PRESIDENT, INCLUSION, DIVERSITY & EQUITY
Slide 17: Unwavering Commitment
Unwavering Commitment INCLUSION, DIVERSITY & EQUITY The importance of our people has long been a core value at Sherwin-Williams. As part of that core value, we recognize that inclusion, diversity, and equity are part of what makes us stronger. The Sherwin-Williams Company is committed to advancing a
Slide 18: Our Company Goals
Our Company Goals ADVANCING OUR CULTURE OF INCLUSION, DIVERSITY & EQUITY Attract more Increase the number Drive Employee underrepresented groups of underrepresented groups Engagement into the talent pipeline in leadership roles FINANCIAL COMMUNITY PRESENTATION – JUNE 8, 2021 18
Slide 19: Focus on the Talent Pipeline
Focus on the Talent Pipeline 2020 ACHIEVEMENTS Early Talent 40% of U.S. management trainees identified 1 out of 3 as underrepresented management trainees racial/ethnic groups identified as women FINANCIAL COMMUNITY PRESENTATION – JUNE 8, 2021 19
Slide 20: Focus on Leadership Roles
Focus on Leadership Roles 2020 ACHIEVEMENTS Senior Leadership 21% of Vice Presidents appointed in 2020 identified as underrepresented racial/ethnic groups 58% of Vice Presidents appointed in 2020 identified as women FINANCIAL COMMUNITY PRESENTATION – JUNE 8, 2021 20
Slide 21: Focus on Employee Engagement
Focus on Employee Engagement 2020 ACHIEVEMENTS EMPLOYEE • African-American • Military/Veterans RESOURCE • Hispanic/Latinx • Multicultural GROUPS • LGBTQ+ • Women • Minority-owned Businesses 2020 • Supply Drive for the Homeless INITIATIVES • Women’s Club & Youth Challenge • PCs for People FINANCIAL C
Slide 22: 2025 Goals
2025 Goals CONTINUE ADVANCING OUR CULTURE OF INCLUSION, DIVERSITY & EQUITY Increase underrepresented Increase women in Achieve and improve upon racial/ethnic groups in management roles to 30% a favorable Inclusion Index* management roles to 30% *score as measured by our annual Employee Engagement Su
Slide 23: Building Blocks
Building Blocks Progress Talent Develop & Engage Talent Fill the Pipeline Educate & Communicate the Business Case LEADERSHIP COMMITMENT FINANCIAL COMMUNITY PRESENTATION – JUNE 8, 2021 23
Slide 24: Strong Leadership Commitment
Strong Leadership Commitment CEO Action for Conscious Inclusion CEO Forums Harvard Policy Diversity & Inclusion Education & Training on Inclusion Advisory Board FINANCIAL COMMUNITY PRESENTATION – JUNE 8, 2021 24
Slide 25: Leadership Commitment
Leadership Commitment The CEO Forums on Inclusion are annual employee-focused conversations to discuss inclusion, diversity, culture and equity in the workplace. FINANCIAL COMMUNITY PRESENTATION – JUNE 8, 2021 25
Slide 26: Fostering Inclusion in Our Industry
Fostering Inclusion in Our Industry SHERWIN-WILLIAMS CEO LED ESTABLISHMENT OF INCLUSION & DIVERSITY FORUM The purpose of the quarterly forums is to accelerate progress in building and sustaining equitable talent strategies among member companies. To date, 90% of member companies have attended at lea
Slide 27: Long-Term Efforts Yielding Results
Long-Term Efforts Yielding Results FORBES AMERICA’S BEST EMPLOYERS FOR DIVERSITY 2021 NEW GRADS 2020 DIVERSITY 2020 NEW GRADS 2019 DIVERSITY 2019 WOMEN 2020 VETERANS 2020 WOMEN 2019 FINANCIAL COMMUNITY PRESENTATION – JUNE 8, 2021 27
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