"Inclusion on the Ethisphere Institute’s distinguished list is evidence of how our employees are translating these standards into actions that enhance our reputation as a respected industry leader with whom customers and suppliers want to be associated."
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) has been recognized by the Ethisphere Institute as one of the 2020 World’s Most Ethical Companies.
For the third consecutive year, Owens Corning has been recognized with this honor. It is one of four honorees in the Construction and Building Materials industry, underscoring its commitment to leading with integrity and prioritizing ethical business practices. In 2020, the Ethisphere Institute honored 132 companies from 21 countries and 51 industries.
The Ethisphere Institute is a global leader in defining and advancing the standards of ethical business practices.
“At Owens Corning, we are proud of our unwavering standards for integrity and ethical business practices,” said Ava Harter, Owens Corning general counsel. “Inclusion on the Ethisphere Institute’s distinguished list is evidence of how our employees are translating these standards into actions that enhance our reputation as a respected industry leader with whom customers and suppliers want to be associated.”
Methodology & Scoring
Grounded in Ethisphere’s Ethics Quotient®, the World’s Most Ethical Companies assessment process includes more than 200 questions on culture, environmental and social practices, ethics and compliance activities, governance, diversity and initiatives to support a strong value chain. The process serves as an operating framework to capture and codify the leading practices of organizations across industries and around the globe.
The Ethisphere recognition is one of several honors Owens Corning has earned for its corporate leadership this year. Additional 2020 honors include:
Earning a 16th-consecutive perfect score on the 2020 Corporate Equality Index, a key benchmarking survey and report on corporate policies and practices related to LGBTQ workplace equality.
Recognition on CDP’s “Climate A List” for the fourth year in a row. The Climate A list award recognized Owens Corning for its corporate sustainability leadership, including its actions in 2019 to cut carbon emissions and reduce climate risks.
Placement on CDP’s 2019 “Water Security A List” as a global leader in sustainable water management. Owens Corning is one of only 10 U.S.-based companies to earn a place on both the CDP Water Security A List and Climate A List.
Distinction as an industry leader in sustainability for the building products category in the 2020 edition of the Sustainability Yearbook, published by S&P Global in collaboration with RobecoSAM.
About Owens Corning
Owens Corning is a global building and industrial materials leader. The company’s three integrated businesses are dedicated to the manufacture and advancement of a broad range of insulation, roofing and fiberglass composite materials. Leveraging the talents of 19,000 employees in 33 countries, Owens Corning provides innovative products, manufacturing technologies, and sustainable solutions that address energy efficiency, product safety, renewable energy, durable infrastructure, and labor productivity. These solutions provide a material difference to the company’s customers and make the world a better place. Based in Toledo, Ohio, USA, the company posted 2019 sales of $7.2 billion. Founded in 1938, it has been a Fortune 500® company for 65 consecutive years. For more information, please visit www.owenscorning.com.