Owens Corning Earns Place on Dow Jones Sustainability World Index for Eighth Straight Year
September 11 2017 - 7:30AM
Business Wire
For the eighth year in a row, Owens Corning (NYSE:OC) has earned
placement in the Dow Jones Sustainability World Index (DJSI World)
for its sustainability performance. For the fifth straight year,
Owens Corning was named the Industry Leader for the DJSI World
Building Products group.
Composed of global sustainability leaders, the DJSI World is an
elite listing of the world's largest companies based on long-term
economic, environmental, and social criteria.
“We are honored to be recognized on the Dow Jones Sustainability
World Index for the eighth year, and as Industry Leader for the
fifth year,” said Chairman and CEO Mike Thaman. “This is a direct
result of the focused efforts of our 17,000 employees.”
“We are continuously working to improve and expand our
sustainability impact across economic, environmental, and social
dimensions,” said Vice President and Chief Sustainability Officer
Frank O'Brien-Bernini. “It’s a dynamic and energizing process,
engaging our employees globally in work that matters.
“For example, we’ve just completed our first nine months
purchasing renewable energy generated by two large wind farms built
for us to reduce our environmental footprint. We’re enhancing the
total life cycle impact of our products with pioneering
sustainability attributes. And we’re further expanding our global
health and wellness opportunities for employees and their families.
We are consistently learning and growing, continually gaining
insights into new opportunities.”
Owens Corning is devoted to delivering sustainable solutions
across all three of its business segments: Insulation, Roofing, and
Composites. The company recently reported its sustainability
progress in its 11th annual Sustainability Report. Some highlights
include:
- Partnered with Habitat for Humanity and
World Vision to provide safe, energy-efficient housing for 1,500
families in need in the United States, Canada, and China
- Began purchasing power from 250
megawatts of new wind power capacity, the equivalent of the yearly
electricity use of 65,000 U.S. homes
- Worked with wind turbine manufacturers
to help make wind energy more economical via the Owens Corning
composites portfolio, material science experts, and rapid
prototyping capability
- Continued to focus on environmental
footprint reduction with particulate matter emissions and water use
down 23% and 37%, respectively, relative to 2010 levels, which
exceed the company’s 2020 goals
- Earned product certifications from the
Asthma and Allergy Foundation of America, Living Product
Imperative, and Cradle to Cradle Material Health
- Facilitated the recycling of 2.5
billion pounds of roofing shingles, and 1.3 billion pounds of glass
(used in Owens Corning insulation)
- Launched a science-based global
wellness program for employees and their families
Owens Corning's 2017 Sustainability Report is available online
at:https://www.owenscorning.com/corporate/sustainability
About Dow Jones Sustainability
Index
Launched in 1999, the DJSI were the first global indices
tracking financial performance of leading sustainability-driven
companies. This elite listing is derived from an integrated
assessment of economic, environmental, and social criteria with a
strong focus on long-term shareholder value. More than 3,400 of the
world’s largest companies from developed and emerging markets were
invited to take part in the annual corporate sustainability
assessment (CSA); 942 firms completed the comprehensive
questionnaire, an 8.7% increase over 2016’s participation.
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 2016 sales of $5.7 billion and employs
17,000 people in 33 countries. It has been a Fortune 500® company
for 63 consecutive years. For more information, please visit
www.owenscorning.com.
Owens Corning Investor Relations News
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Owens CorningMedia InquiriesChuck Hartlage, +1
419-248-5395chuck.hartlage@owenscorning.comorInvestor
InquiriesThierry Denis, +1
419-248-5748thierry.j.denis@owenscorning.com
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