Potential offtaker

Owens Corning

www.owenscorning.com

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Which other companies from United States of America are actively involved in decarbonization initiatives?
  • Labcorp
  • CBRE
  • Lake Region State College
  • Bloomin' Brands, Inc.
  • Intel Corp.
  • Sisters of St Joseph Brentwood
  • Owens Corning is a leading global producer of insulation, roofing, and fiberglass composites. The company was founded in 1938 and is headquartered in Toledo, Ohio. Owens Corning operates in the Building Materials sector and is committed to sustainability and decarbonization.

    The company has set ambitious sustainability goals to reduce its environmental impact and promote renewable energy. Owens Corning aims to reduce its greenhouse gas emissions by 50% by 2030 and achieve net-zero emissions by 2050. The company is committed to using renewable energy sources and has set a goal to source 100% of its electricity from renewable sources by 2030.

    Owens Corning has taken several steps to achieve its sustainability goals. The company has invested in renewable energy projects, including wind and solar, to reduce its carbon footprint. Owens Corning has also implemented energy efficiency measures in its facilities to reduce energy consumption and costs.

    Corporate energy is an important aspect of Owens Corning's sustainability strategy. The company has implemented a corporate power purchase agreement (PPA) to source renewable energy for its operations. A PPA is a contract between a buyer and a renewable energy provider that guarantees a fixed price for the electricity generated by the renewable energy source. Owens Corning has signed a PPA with a wind farm in Texas to source renewable energy for its facilities.

    The corporate PPA has several benefits for Owens Corning. It provides the company with a stable and predictable source of renewable energy, which helps to reduce its carbon footprint and achieve its sustainability goals. The PPA also helps Owens Corning to manage its energy costs and reduce its reliance on fossil fuels.

    Renewable energy is a key focus area for Owens Corning. The company has invested in several renewable energy projects, including wind and solar, to reduce its carbon footprint and promote sustainable energy. Owens Corning has also implemented energy efficiency measures in its facilities to reduce energy consumption and costs.

    Decarbonization is another important aspect of Owens Corning's sustainability strategy. The company is committed to reducing its greenhouse gas emissions and achieving net-zero emissions by 2050. Owens Corning has set a target to reduce its emissions by 50% by 2030 and has implemented several measures to achieve this goal.

    Owens Corning has implemented a sustainability program called "Advancing Sustainability" to promote sustainable practices across its operations. The program focuses on reducing the company's environmental impact, promoting sustainable products, and supporting sustainable communities.

    The company's sustainability efforts have been recognized by several organizations. Owens Corning has been included in the Dow Jones Sustainability World Index for the 11th consecutive year and has been named one of the World's Most Ethical Companies by the Ethisphere Institute for the 10th consecutive year.

    In conclusion, Owens Corning is a leading global producer of insulation, roofing, and fiberglass composites that operates in the Building Materials sector. The company is committed to sustainability and decarbonization and has set ambitious goals to reduce its environmental impact and promote renewable energy. Owens Corning has implemented several measures to achieve its sustainability goals, including investing in renewable energy projects, implementing energy efficiency measures, and signing a corporate PPA. The company's sustainability efforts have been recognized by several organizations, and Owens Corning is committed to advancing sustainability across its operations.

    ✓ Current offtaker under Corporate PPA's
    ✓ Science Based Targets member