News Release

Media Contact

Katie Merx

Corporate Media Relations

419-248-6496

katie.merx@owenscorning.com

Media Contact

Katie Merx

Corporate Media Relations

419-248-6496

katie.merx@owenscorning.com

Owens Corning Publishes 2014 Sustainability Report, Meets Its 2020 Greenhouse Gas and Toxic Air Emissions Goals Early

Thursday, July 16, 2015 7:30 am EDT
"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."

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 goals.

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 Safety Council.
  • 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 Mexico.
  • 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.

The full report and a downloadable summary progress report are available online at: http://sustainability.owenscorning.com

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 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.

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Owens Corning
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Chuck Hartlage, 419-248-5395
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Investor Contact
Thierry Denis, 419-248-5748