TOLEDO, Ohio--(BUSINESS WIRE)--
Owens Corning (NYSE: OC) announced significant progress in reducing its
environmental footprint and increasing the “handprint” efforts that
advance its positive impact around the world. The company released these
results today in its tenth annual sustainability report.
“‘Expanding our impact through sustainability’ is a core value of the
company,” said Vice President and Chief Sustainability Officer Frank
O'Brien-Bernini. “At Owens Corning, the foundation of our sustainability
strategy is built on financial strength, environmental stewardship,
great and relevant products, innovative thinking, and sustainable
talent. We recognize that – to be truly sustainable – we must expand our
handprint through our strategies and actions.”
The report highlights progress of the past year against four strategic
sustainability pillars:
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Operations sustainability
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Product and supply chain sustainability
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Energy efficiency and durable material solutions at scale
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Safety, health, employee engagement, and community vitality
"After meeting our 2020 greenhouse gas reduction goal in 2015, we set
more ambitious goals, using science-based target setting methodologies,
to align with what the world needs to successfully limit climate impact.
We made further progress toward these goals by completing major wind
energy purchase agreements totaling 250 megawatts and adding a 2.4
megawatt solar canopy to our world headquarters. We’re committed to
sustaining this momentum for the benefit of our company and the planet,”
O’Brien-Bernini said.
Highlights of 2015 sustainability progress include:
Operations Sustainability
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Set more ambitious 2020 greenhouse gas and toxic air emissions
reduction goals at 50 percent and 75 percent, respectively, since the
original 2020 targets were both met ahead of schedule
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Entered into purchase agreements for 250 megawatts of new wind energy
capacity, the construction of which will use significant Owens Corning
glass-reinforced composites. These agreements are among the leading
industrial renewable energy supply agreements in the world
Product and Supply Chain Sustainability
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Achieved our 2015 goal to have life cycle assessments and/or
environmental product declarations completed on all core products
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Dedicated a new non-woven glass fiber fabrics plant to produce
formaldehyde-free products
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Recycled 2.5 billion pounds of end-of-life shingles through our
networks and 1.4 billion pounds of glass in our operations
Energy Efficiency and Durable Material Solutions at Scale
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Collaborated with builders across North America to incorporate
building-science expertise in building cost-effective, energy
efficient homes, including a growing number of net zero-energy homes
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Innovated with leading professionals in commercial building enclosure
design and construction to create high efficiency, durable solutions
Safety, Health, Employee Engagement and Community Vitality
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Reduced employee recordable injuries by 7 percent year-over-year
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Partnered with global non government organizations (NGOs) to deliver
clean drinking water systems in India and completed Habitat for
Humanity builds in China
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Provided volunteers, products, and financial support to Habitat for
Humanity and Make it Right to help 1,600 families in North America
obtain safe, affordable, energy-efficient housing
“We’re proud of our progress and excited about the opportunities for
continued progress through collaboration up and down the supply chain,
from additional energy efficiency and renewable energy to more
sustainable product offerings, to larger-scale recycling penetration, to
employee and family wellness and more. We have 16,000 people around the
world committed to making the world a better place,” O’Brien-Bernini
said.
Owens Corning's 2015 Sustainability Report is consistent with Global
Reporting Initiative (GRI) guidelines known as GRI-G4. GRI's
Sustainability Reporting Guidelines set a globally applicable framework
for reporting the economic, environmental and social dimensions of an
organization's activities, products and services.
The full report is available online at: https://w.owenscorning.com/corporate/sustainability.
About Owens
Corning
Owens Corning (NYSE: OC) develops, manufactures and markets insulation,
roofing, and fiberglass composites. Global in scope and human in scale,
the company’s market-leading businesses use their deep expertise in
materials, manufacturing and building science to develop products and
systems that save energy and improve comfort in commercial and
residential buildings. Through its glass reinforcements business, the
company makes thousands of products lighter, stronger and more durable.
Ultimately, Owens Corning people and products make the world a better
place. Based in Toledo, Ohio, Owens Corning posted 2015 sales of $5.4
billion and employs about 16,000 people in 25 countries. It has been a
Fortune 500® company for 62 consecutive years.
Owens Corning Investor Relations News
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Source: Owens Corning