Armstrong World Industries Announces SBTi Validation of Key Targets and Releases 2022 Sustainability Report
October 27 2022 - 01:57PM
GlobeNewswire Inc.
Armstrong World Industries, Inc. (NYSE:AWI), a leader in the
design, innovation and manufacture of ceiling and wall solutions in
the Americas, today announced the approval of its 2030 greenhouse
gas reduction targets by the Science Based Target Initiative
(SBTi), in conjunction with the release of its second annual
sustainability report.
AWI President and CEO Vic Grizzle said, “I am proud
of the work our teams have done in pursuing sustainability goals
that will help us address the climate challenges we face and to
have SBTi’s validation of our 2030 greenhouse gas emission
reduction targets. Our sustainability program enables our long-term
growth strategy and is responsive to the increasing demand for
products that can help building owners and occupants create
healthier and more sustainable indoor spaces.”
Introduced in 2021, AWI’s 2030 targets for reducing
its scope 1 and 2 greenhouse gas emissions 30% from a 2019 baseline
are in keeping with the Paris Agreement and the reductions required
to keep global temperature rise below 2° Celsius. The company’s
progress toward these reductions and its other sustainability goals
are included in the sustainability report released today.
Highlights include:
- Achieving a 5% reduction in our Scope 1 and Scope 2 emissions
from our 2019 baseline, as we continue to increase efficiencies
within our operations.
- Reaching a cumulative total of 212 million square feet of
mineral fiber ceilings recycled into new product through the
Armstrong Ceiling Recycling Program since 1999, saving the
equivalent of 1.2 million tons of virgin raw material and 201
million gallons of water.
- Initiating a program with Irving Tissue to source 3,500 tons of
post-industrial fiber annually, supporting circularity and waste
diversion and increasing local sourcing.
- Expanding the Sustain portfolio with 80% of the company’s
Mineral Fiber products and 60% of total company products meeting
SUSTAIN criteria for verified transparency and elimination of
chemicals of concern.
- Doubling philanthropic giving to local communities from 2020
levels.
For more details on our sustainability strategy and
performance, please see our full report at
armstrongworldindustries.com/en-us/sustainability.
About Armstrong World
IndustriesArmstrong World Industries, Inc. (AWI) is a
leader in the design, innovation and manufacture of ceiling and
wall system solutions in the Americas. With $1.1 billion in revenue
in 2021, AWI has approximately 3,000 employees and a manufacturing
network of 15 facilities, plus six facilities dedicated to its WAVE
joint venture.
Contacts |
Investors: |
Theresa
Womble, tlwomble@armstrongceilings.com or (717) 396-6354 |
Media: |
Jennifer Johnson, jenniferjohnson@armstrongceilings.com or
(866) 321-6677 |
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