Owens Corning Sets Aggressive Greenhouse Gas Reduction Goal
October 14 2008 - 4:25PM
PR Newswire (US)
TOLEDO, Ohio, Oct. 14 /PRNewswire-FirstCall/ -- Owens Corning
(NYSE:OC), a world leader in glass fiber reinforcements and
building materials systems, announced today that it will reduce its
total U.S. greenhouse gas emissions by 25 percent per unit of
production from 2006 to 2012. The company has committed to this new
goal as part of the U.S. Environmental Protection Agency's (USEPA)
Climate Leaders voluntary program. "Reducing our greenhouse gas
emissions, in line with the Climate Leaders goal, is one
demonstration of our commitment to environmental stewardship," said
Frank O'Brien-Bernini, chief sustainability officer. "We are proud
to partner with Climate Leaders in pursuing this aggressive goal."
Owens Corning will achieve the goal through a host of energy
efficiency measures ranging from basic electrical equipment
improvements to advanced glass melting technology and heat
recovery. It will also reduce greenhouse emissions by implementing
new blowing agent technology in its foam insulation manufacturing
operations. "EPA applauds our corporate partners who are reducing
their climate footprints in cost-effective ways," said EPA
Administrator Stephen L. Johnson. "Not only is Owens Corning
contributing to this country's energy independence, but the company
is proving that businesses can save green by going green." This
U.S. goal complements Owens Corning's other sustainability
objectives. For more information about these goals, please visit
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 18,000 employees in 26 countries on five
continents. Additional information is available at
http://www.owenscorning.com/ . About Climate Leaders Climate
Leaders is an industry-government partnership that works with
companies to develop comprehensive climate change strategies. Owens
Corning adopted the Climate Leaders emissions inventory protocol,
submitted an Inventory Management Plan, and proposed a reduction
goal to the USEPA which it approved earlier this year. A goal is
approved once it is determined to be aggressive and moves well
beyond business as usual. The USEPA also requires the annual
submission of results which it reviews. Through program
participation, companies create a credible record of
accomplishments and receive USEPA recognition as corporate
environmental leaders. For more information about the USEPA Climate
Leaders Program visit their website at
http://www.epa.gov/climateleaders . DATASOURCE: Owens Corning
CONTACT: Media, Jason Saragian, +1-419-248-8987, or Investors,
Scott Deitz, +1-419-248-8935, both of Owens Corning Web site:
http://www.owenscorning.com/
http://www.owenscorning.com/sustainability
http://www.epa.gov/climateleaders Company News On-Call:
http://www.prnewswire.com/gh/cnoc/comp/677350.html
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