At RPM, sustainability is more than simply "greening" our products and operations. It is much broader. Sustainability is about the continued existence and growth of our business to the benefit of our customers, employees, suppliers, communities and shareholders. RPM applies the principles of sustainability through its:
Sustainability. The term has as many meanings as there are businesses. Generally, they tie back to a company's products and processes. At RPM, the company also looks at sustainability through a broader lens by applying its principles to its employees, communities and their impact on RPM's financial growth.
In so doing, RPM focuses on what it has identified as the five "Ps" of sustainability - products, processes, people, place and prosperity.
In keeping with the company's decentralized structure, the execution of these five "Ps" is carried out by its operating companies. Because, at RPM, it is believed that the foundation of sustainable business practices is most effective at the operating level, which is closest to the markets and individual customers the company serves.
Many of RPM's products and services help its customers minimize their environmental footprint. Energy efficiency, zero landfill via the three "Rs" (reduce + reuse + recycle), renewable resource use, greener chemistry, life cycle analysis based on outcomes, LEED support and emissions reductions are just some of the customer expectations the company meets every day.
Below are a few specific examples from among the hundreds offered by its operating companies:
When it comes to RPM's internal operations, the expectations for sustainability are simple: lead by example. The company's operating businesses do so by taking a proactive approach to managing their environmental impact. Among recent highlights are:
When considering employees from the perspective of sustainability, RPM founder Frank C. Sullivan was ahead of his time. His philosophy, when he established the company in 1947, was to "Hire the best people you can find. Create an atmosphere that will keep them. Then, let them do their jobs." RPM continues to practice this philosophy today by providing its employees with:
These practices are sustainable in that they enable RPM to continue to hire the best employees and retain them through the course of their careers.
RPM has a long history of sustainability through its many products that renew, repair and protect materials and provide energy efficiency. Rust-Oleum's small project paints, which repair and maintain items around the home to give them new life; DAP's caulks and sealants that make homes and buildings more energy efficient; and Carboline's corrosion control coatings, which have protective qualities that extend the life of materials and allow them to operate in harsh environments.
RPM has over 13,000 employees and 120 manufacturing facilities in 24 countries. Regardless of where they are located, the company strives to be a good corporate citizen and sustain the communities that have welcomed it by:
Through these actions, RPM makes a positive difference in the communities in which it operates and helps them to thrive.
Embracing sustainability by way of RPM's products, operations, people and communities is certainly rewarding on many levels. A positive byproduct of these efforts is that they extend to RPM's bottom line, thus allowing its shareholders to continue to prosper.
RPM has increased its dividend for 43 consecutive years, enabled by its continued strong cash from operations. This sustained dividend performance places RPM in an elite category. Of all 19,000 publicly traded U.S. companies, only 44 other companies, besides RPM, have consecutively paid an increasing annual dividend for this period of time or longer, according to America's Finest Companies. In addition, RPM's total return to shareholders, including both capital appreciation and reinvestment of dividends, has considerably outperformed its peer group and the S&P 500 Index for the past ten years.
As the above demonstrate, long term shareholders, in particular, have been rewarded for their confidence in RPM by this consistent, sustainable performance.
RPM International Inc. (NYSE: RPM) owns subsidiaries that are world leaders in coatings, sealants, building materials and related services. From homes to precious landmarks worldwide, their brands are trusted by consumers and professionals alike to protect, improve and beautify. Among its leading consumer brands are Rust-Oleum, DAP and Zinsser. Learn more about RPM brands >>
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