"Owens Corning has a long history that creates a foundation for future success. We are managing our company for the long term, knowing we can make a difference that matters."
TOLEDO, Ohio--(BUSINESS WIRE)--With the publishing of its 2018 Sustainability Report, titled
“Difference Driven,” Owens Corning (NYSE: OC) is proud to showcase how
the company’s employees deliver a material difference every day for its
stakeholders. For Owens Corning, “Difference Driven” means always
looking ahead to what its workforce can do next to materially improve
“We aspire to be a net-positive company, where our handprint – our
positive impact – exceeds our footprint,” Chief Executive Officer Brian
Chambers said. “Our team is committed to challenging the status quo and
developing innovative solutions that meet the needs of the present and
improve the world we leave to future generations.”
Owens Corning’s 13th annual report highlights the company’s
sustainability advancements and summarizes progress toward its 2020
sustainability goals. Owens Corning takes a holistic view of
sustainability as a concept that drives all aspects of its enterprise
and that is advanced by the work of its 20,000 employees in everything
Chief Sustainability Officer Frank O’Brien-Bernini added, “As the
science continues to evolve, we’ll continue setting ambitious
science-based sustainability goals to guide us. We are committed to
reducing our environmental footprint – including reducing greenhouse gas
emissions and waste – while challenging ourselves to grow our handprint.
This brings our purpose, ‘our people and products make the world a
better place,’ to life.”
Some projects highlighted in Owens Corning’s 2018 Sustainability Report
Launched the first formaldehyde-free perimeter fire containment system
in North America. The system relies on the company’s Thermafiber®,
Firespan® and Safing® mineral wool insulation. It offers architects
and specifiers a way to meet green building requirements without
compromising on fire safety.
Increased the number of products with a “Made with 100% Wind-Powered
Electricity and Reduced Embodied Carbon” certification, including
EcoTouch® insulation for flexible duct and QuietR® duct board
insulation. This gives commercial architects and specifiers, builders,
and even homeowners the option of lower-carbon products to build
Adopted a new policy to limit initial opioid prescriptions to three
days in the U.S. In one year, this policy has reduced the number of
opioid pills dispensed through the company’s U.S. health plans by 40%.
By limiting initial prescriptions to three days, the policy
facilitates more constructive discussions between patients and
doctors, ultimately reducing the risk of addiction.
Achieved tobacco-free status at 100% of U.S. legacy facilities, a
significant step toward the goal of being a fully tobacco-free
company. The company provides many resources to help employees and
their families achieve their own health and wellness goals, including
smoking cessation support.
“We are proud to report our progress and reflect on our opportunities as
a sustainable enterprise,” Chambers and O’Brien-Bernini said in the
report. “Owens Corning has a long history that creates a foundation for
future success. We are managing our company for the long term, knowing
we can make a difference that matters.”
Owens Corning is a global leader in insulation, roofing, and fiberglass
composite materials. Its insulation products conserve energy and improve
acoustics, fire resistance, and air quality in the spaces where people
live, work, and play. Its roofing products and systems enhance curb
appeal and protect homes and commercial buildings alike. Its fiberglass
composites make thousands of products lighter, stronger, and more
durable. Owens Corning provides innovative products and solutions that
deliver a material difference to its customers and, ultimately, make the
world a better place. The business is global in scope, with operations
in 33 countries. It is also human in scale, with 20,000 employees
cultivating local and longstanding relationships with customers. Based
in Toledo, Ohio, USA, the company posted 2018 sales of $7.1 billion.
Founded in 1938, it has been a Fortune 500® company for 64
consecutive years. For more information, please visit www.owenscorning.com.
Owens Corning Investor Relations News
Media Relations: Katie Merx 419.248.6496 Investor Relations: Thierry Denis 419.248.5748