Owens Corning, a residential and commercial building products manufacturer, announced that the company achieved an 11% reduction in 2024 in Scope 1 and 2 market-based emissions from a 2018 baseline.
The company’s emissions declined by 43% since its 2018 baseline, moving it closer to its goal of a 50% reduction in absolute Scope 1 and 2 market-based GHG emissions by 2030. These efforts help Owens Corning reduce the embodied carbon of the products it produces.
Across all of its businesses, Owens Corning offers an extensive portfolio of products that meet customer demands by saving energy and lowering emissions. In 2024, 51% of the company’s revenue came from this category of products.
Details were published in its 2024 Sustainability Report, Building Better Together, outlining the company’s progress toward its 2030 sustainability goals.
“The theme ‘Building Better Together’ reflects the work of our team in delivering a significant year for Owens Corning in 2024,” said CEO Brian Chambers in a statement. “We successfully executed major strategic initiatives to reshape and focus the company on building products in North America and Europe while driving breakthroughs in performance across several sustainability measures.”
Owens Corning’s report was prepared in accordance with the Global Reporting Initiative (GRI) Standards. In addition, the report addresses disclosures and material issues related to CDP (formerly the Carbon Disclosure Project), the S&P Global Corporate Sustainability Assessment (CSA) and Dow Jones Sustainability Index (DJSI), the United Nations Sustainable Development Goals (SDGs), UN Global Compact Communication on Progress, and other stakeholders’ requests, including the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate-related Financial Disclosures (TCFD).