G4-3 Name of the organization.
The Sherwin-Williams Company
G4-4 Primary brands, products, and/or services.
The Sherwin-Williams Company, founded in 1866, and its consolidated wholly owned subsidiaries (collectively, the Company) are engaged in the development, manufacture, distribution and sale of paint, coatings and related products to professional, industrial, commercial and retail customers primarily in North and South America with additional operations in the Caribbean region, Europe, Asia and Australia. More information about Sherwin-Williams and its governance, operational structure, brands and products, locations, markets served, organizational scale, and financial results may be found on The Sherwin-Williams Company website (www.sherwin-williams.com) and in its Annual Reports, Articles of Incorporation, Company Presentations, and Press Releases.
G4-5 Location of organization's headquarters.
101 W. Prospect Avenue
Cleveland, Ohio 44115-1075
G4-6 Number of countries where the organization operates, and names of countries with either major operations or that are specifically relevant to the sustainability issues covered in the report.
As of December 31, 2018 Sherwin-Williams had business operations in over 120 countries. This total includes stores, branches, distribution centers and manufacturing facilities.
Countries with major Sherwin-Williams manufacturing facilities are listed in below. Additional details on properties of Sherwin-Williams are included in the SEC 10-K filing.
|Switzerland||United Kingdom||United States of America|
G4-7 Nature of ownership and legal form.
The Sherwin-Williams Company is incorporated in Cleveland, Ohio. Sherwin-Williams is a publicly traded company; its common stock is listed on the New York Stock Exchange (NYSE: SHW).
G4-8 Markets served (including geographic breakdown, sectors served, and types of customers/beneficiaries).
The Company is structured into three reportable segments – The Americas Group, Consumer Brands Group and Performance Coatings Group (collectively, the Reportable Segments). Each of these markets are described in more detail on the Sherwin-Williams website and on pages 8-15 of the 2018 Annual Report.
G4-9 Scale of the reporting organization.
The Company manufactures products under well-known brands such as Sherwin-Williams®, Valspar®, Dutch Boy®, HGTV HOME® by Sherwin-Williams, Krylon®, Minwax®, Cabot®, Thompson’s® Water Seal® and many more. With global headquarters in Cleveland, Ohio, Sherwin-Williams® branded products are sold exclusively through more than 5,300 company-operated stores and facilities, while the Company’s other brands are sold through leading mass merchandisers, home centers, independent paint dealers, hardware stores, automotive retailers and industrial distributors. For more information, visit www.sherwin-williams.com.
The Company is comprised of three reportable segments, which together provide our customers with innovative solutions to ensure their success, no matter where they work, or what surfaces they are coating.
The Americas Group operates the exclusive outlets for Sherwin-Williams® branded paints, stains, supplies, equipment and floor covering in the U.S., Canada and the Caribbean. The Group also manufactures and sells a wide range of architectural paints, industrial coatings and related products across Latin America through company-operated stores and dedicated dealers.
The Consumer Brands Group sells one of the industry’s most recognized portfolios of branded and private-label products through retailers across North America and in parts of Europe, Australia, New Zealand and China, and also operates a highly efficient global supply chain for paint, coatings and related products.
The Performance Coatings Group sells a wide range of coatings and finishes and sells to a growing customer base in general industrial, industrial wood, protective and marine, coil, packaging and automotive markets in more than 110 countries. Details on the scale of Sherwin-Williams may be found in the 2018 Annual Report; Our Global Footprint section and page 8 provides a summary of each of the three operating groups, page 18 provides financial summary of the company.
G4-10 Employment labor practices and overall structure broken down by category.
24 or younger: 19%
All U.S. Employees
In 2017, women comprised 39% of our Paint Stores management trainees.
G4-13 Significant changes during the reporting period regarding size, structure, or ownership.
Changes during the 2018 reporting year are identified in the 2018 Annual Report; page 6 describes changes to the senior management.
On June 1, 2017, the Company completed the acquisition of The Valspar Corporation (Valspar) which significantly affected the existing business. As of the close of the Acquisition, our reporting segments changed to better reflect the operations of the combined Companies. Details of the acquisition and other changes can be found in the 2017 Annual Report and subsequent Press Releases. Our acquisition integration effort is on track. More discussion on the integration is available in the 2018 Annual report page 3.
G4-14 Whether and how the precautionary approach or principle is addressed by the organization
The precautionary approach is part of Sherwin-Williams’ culture as evidenced in our Guiding Values which are described in our Code of Conduct and our Global Environmental, Health and Safety Policy.
G4-15 List of externally developed economic, environmental, and social charters, principles, or other initiatives to which the organization subscribes or which it endorses.
Key sustainability policies may be accessed on our website under Sherwin-Williams Policies.
G4-16 List of memberships of associations (such as industry associations) and national or international advocacy organization in which the organization: holds a position on the governance body, participates in projects or committees, provides substantive funding beyond membership dues, and views membership as a strategic.
Sherwin-Williams maintains routine business membership in numerous trade and business associations.