Owens Corning Reports Sustainability Progress
June 30 2008 - 5:52PM
PR Newswire (US)
TOLEDO, Ohio, June 30 /PRNewswire-FirstCall/ -- Owens Corning
(NYSE:OC) today released its 2007 Sustainability Report, which
highlights the company's commitment to operating its business with
three balanced outcomes of economic growth, environmental
stewardship and social progress. The report features the company's
2007 progress against its performance goals established for 2012.
"Sustainability is a core strategy at Owens Corning," said Mike
Thaman, chairman and chief executive officer. "We define
sustainability as meeting the needs of the present without
compromising the world that we leave to the future. This approach
to business energizes our people, creates growth opportunities for
our customers and drives value for our shareholders." The
sustainability goals focus on three strategic initiatives for the
company: -- Greening our operations - achieving specific
environmental footprint reductions -- Greening our products -
continuously improving the life-cycle impact of our products --
Accelerating energy efficiency improvements in the built
environment. In the report, Owens Corning states that it has met
the 2012 goals for reductions in particulate matter, water and
nitrogen oxides, and is on track for energy and waste-to-landfill
reductions. Further improvements throughout the company's
operations are needed to meet the goals for reducing volatile
organic compounds and greenhouse gases. "Sustainability is a
journey of continuous improvement," said Frank O'Brien-Bernini,
chief sustainability officer. "While pleased with our progress, we
have much more to accomplish. This report accurately reflects our
achievements, while also showing ourselves and the outside world
where we can do better." Owens Corning has printed a limited number
of copies of the report, using recycled paper, soy-based ink, and
non-polluting wind-generated energy. The report is available online
at http://www.owenscorning.com/sustainability . About Owens Corning
Owens Corning (NYSE:OC) is a leading global producer of residential
and commercial building materials, glass fiber reinforcements and
engineered materials for composite systems. A Fortune 500 company
for 54 consecutive years, Owens Corning is committed to driving
sustainability through delivering solutions, transforming markets
and enhancing lives. Founded in 1938, Owens Corning is a
market-leading innovator of glass fiber technology with sales of $5
billion in 2007 and 19,000 employees in 26 countries on five
continents. Additional information is available at
http://www.owenscorning.com/ . DATASOURCE: Owens Corning CONTACT:
Investor Inquiries: Jason Saragian, +1-419-248-8987, or Scott
Deitz, +1-419-248-8935, both of Owens Corning Web site:
http://www.owenscorning.com/ Company News On-Call:
http://www.prnewswire.com/comp/677350.html
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