"We are proud of what we accomplished this past year, further reducing our environmental footprint and expanding our positive handprint by introducing new solutions to the challenges of climate change, energy consumption and infrastructure development"
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) announced strong progress in reducing its
environmental footprint and improving the environmental impact and
transparency of its products. The company released these results today
in its ninth annual sustainability report.
"We are proud of what we accomplished this past year, further reducing
our environmental footprint and expanding our positive handprint by
introducing new solutions to the challenges of climate change, energy
consumption and infrastructure development," said Vice President and
Chief Sustainability Officer Frank O'Brien-Bernini. "Today, our global
enterprise operates with 46 percent less absolute greenhouse gas
emissions than our peak in 2007, and we are developing ways to make
additional reductions. We are committed to expanding our impact through
sustainability and collaborating with others to further our progress."
The report also highlights the company’s global philanthropic work,
joint efforts with customers and suppliers to improve sustainability,
and analytics on its handprint. All of these support the goal of
becoming a net-positive growth company.
“We’ve begun to explore handprint opportunities along the social
dimensions of human health and employee well-being,” O’Brien-Bernini
said. “Continued safety progress and advances in health and wellness
help our employees and their families live to the fullest each day.”
Building on the successes of its first 10-year sustainability goals,
this is the fourth year Owens Corning has reported against its 2020
Other highlights of 2014 progress include:
Industry-leading track record of safety performance, which earned
Owens Corning the 2014 Green Cross for Safety medal from the National
Sustained environmental footprint progress, including intensity
reductions of 34 percent in greenhouse gas and 65 percent in toxic air
emissions from its 2010 baseline.
Facilitated 2.4 billion pounds of end-of-life recycled shingles and
consumed 1.3 billion pounds of recycled glass, year-over-year
increases of 33 percent and 15 percent respectively.
Launch of the new WindStrand® high performance glass fiber roving and
Ultrablade® fiberglass reinforcement fabric products, which enable
longer and lighter wind blades. This advancement supports the
continued growth of economical wind energy for low-wind sites.
Participation in community programs at more than half of our worldwide
facilities. This included increasing access to basic health and
educational needs for more than 19,000 children in India, China and
Collaboration with the Harvard School of Public Health to strengthen
its wellness programs
Placement in the Dow Jones Sustainability World Index for the fifth
consecutive year and named Industry Leader in Sustainability for the
second consecutive year.
Perfect score on the Human Rights Campaign Corporate Equality Index
for the eleventh consecutive year.
Owens Corning's 2014 Sustainability Report is consistent with Global
Reporting Initiative (GRI) guidelines known as GRI-G3.1. 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.
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 2014 sales of $5.3
billion and employs about 15,000 people in 26 countries. It has been a
Fortune 500® company for 61 consecutive years. For more
information, please visit www.owenscorning.com.
Owens Corning Media Contact Chuck Hartlage, 419-248-5395 or Investor Contact Thierry Denis, 419-248-5748