TOLEDO, Ohio, Oct. 14 /PRNewswire-FirstCall/ -- Owens Corning
(NYSE: OC), a world leader in building materials and glass fiber
reinforcements, has been added to the 2010 Calvert Social Index, a
stock market benchmark for measuring the performance of large,
U.S.-based socially responsible companies.
The Calvert Social Index currently includes 662 companies
selected from the 1,000 largest publicly traded companies in
the United States using criteria
established by Calvert Investments. The criteria relate to the
environment, workplace, product safety, community relations,
international operations and human rights. Calvert reconstitutes
the Index once a year in September.
"We are delighted to have Owens Corning recognized in the
Calvert Social Index," said Frank O'Brien-Bernini, chief
sustainability officer. "The listing is another reflection of our
commitment to sustainability as a core business strategy."
Owens Corning recently released its fourth annual Sustainability
Report outlining the company's progress in reducing its
environmental footprint, greening its product lines, providing
energy-efficiency solutions for the built environment and
supporting renewable energy sources. The full downloadable report
and a summary of 2009 highlights are available online at
www.sustainability.owenscorning.com.
Owens Corning is the world's leading manufacturer of glass fiber
insulation – a product that reduces energy consumption and
greenhouse gas emissions while reducing heating and cooling
costs. At a minimum of 50 percent recycled content, Owens
Corning Fiberglas™ insulation products have the highest certified
recycled content for fiberglass insulation in North America.
During the past year, the company's roofing business launched a
program to simplify shingle recycling for roofing contractors. The
program keeps material out of landfills and turns it into asphalt
paving by connecting contractors with convenient drop-off and
recycling centers operated by Heritage Environmental Services, the
largest privately-held environmental services company in
the United States.
Among the thousands of applications for the company's glass
fiber reinforcements are lightweight composite parts for
automobiles and trucks, helping vehicles use less fuel while
resisting corrosion, requiring less maintenance and lasting longer.
Owens Corning is also the leading provider of glass fiber
reinforcements for wind turbine blades used in renewable
electricity production.
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 56 consecutive years, Owens Corning is
committed to driving sustainability by delivering solutions,
transforming markets and enhancing lives. Founded in 1938, Owens
Corning is a market-leading innovator of glass-fiber technology
with sales of $4.8 billion in 2009
and about 16,000 employees in 28 countries on five continents.
Additional information is available at www.owenscorning.com.
SOURCE Owens Corning
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