Owens Corning: Progress on Environmental Footprint Goals

By: 3BL Media

SOURCE: Owens Corning

DESCRIPTION:

2030 Goals for Energy Efficiency & Sourcing Renewable Energy

By 2030: We will be sourcing 100% renewable electricity

Purchasing electricity only from renewable sources is a key part of our effort to halve our greenhouse gas emissions. Reducing energy use overall through energy efficiency improvements in our processes is another important strategy. 

2020 results driven from the increase in green certifications in our EU facilities, as well as an overall reduction in renewable and non-renewable electricity usage in several of our businesses globally

Over our goal cycle, we will work to reduce energy use from renewable and non-renewable electricity as well as other forms of non-renewable energy, including but not limited to natural gas, fuel oil, gasoline, diesel, propane, and LPG, by 20% from 2018.

The reduction percentage is a result of a decrease in energy use within renewable and non-renewable energy sources across our portfolio.

These two approaches, along with fuel switching and other low- or no-carbon fuels and technologies, will put us on the path to eventually eliminating our use of fossil fuels.

2030 Goal for Combating Climate Change

By 2030: 50% reduction in absolute Scope 1 and Scope 2 greenhouse gas emissions from 2018 baseline.

Owens Corning has reduced absolute GHG emissions by 14% from the 2018 base year, in part due to efforts related to our renewable energy strategy as well as energy efficiency and process improvements.

2030 Goals for Air Quality Management

By 2030: Reduce the aggregate intensity of our emissions of volatile organic compounds (VOCs) and fine particulate matter (PM2.5) by 50%.

2030 Targets & Performance

  • 50% aggregate intensity reduction in PM 2.5 emissions (metric tons normalized by revenue) from 2018 baseline.
  • 50% aggregate intensity reduction in VOC emissions (metric tons normalized by revenue) from 2018 baseline.

2030 Goals for Responsible Water Sourcing & Consumption

By 2030, we aim to cut in half the amount we take from local water supplies in places where water is limited in quantity or quality. In addition, we intend to ensure that our other facilities remain at the same water intensity as our base year of 2018, or lower when aggregated. 

2030 Targets & Performance

  • 50% aggregate intensity reduction of water withdrawal in high water-stress sites from 2018 baseline.
  • Remain flat or reduce aggregate water withdrawal intensity at all remaining sites from 2018 baseline.
  • Compared to 2018, continued water use efficiencies and fixture upgrades and repairs led to a 10% reduction in intensity at our high water-stress sites, and a 12% reduction in intensity at our remaining sites.

2030 Goals for Waste Management

By 2030, we will send zero waste to landfill. We have an ambitious two-part plan to achieve this.

  • By improving efficiency and process design, we will achieve a 50% intensity reduction of waste generated.
  • We will repurpose or recycle 100% of the remaining waste, and whenever possible, we will recycle waste back into our own processes.

Our commitment to the U.S. Department of Energy’s Better Plants Challenge to have zero waste-to-landfill at our U.S. sites by 2030 aligns with our companywide goal for waste management. By taking part in this initiative, Owens Corning is not only demonstrating our long-term dedication to sustainable waste management, but also committing to sharing our performance data and strategies over the next ten years. 

2030 Targets & Performance

  • 50% intensity reduction of waste/byproducts generated from 2018 baseline.
  • This 13% improvement reflects 80,251 MT less waste/byproduct generated than in 2018, due in part to increased focus on waste generation and operational efficiency improvements across the business.
  • After reducing waste intensity by 50% repurpose or recycle 100% of remaining waste/byproducts from 2018 baseline.
  • Finding additional outlets and end-use applications for our byproducts contributed to this 8% improvement. 50% intensity reduction of waste/byproducts generated from 2018 baseline.

2030 Goals for Protecting Biodiversity

We will develop biodiversity goals based on an understanding of the full impact of our operations and supply chain on biodiversity by 2025.

In 2015, Owens Corning first issued our Biodiversity Statement. In that statement, we made a pledge to:

  • Integrate biodiversity assessments into current and proposed activities.
  • Work with governmental agencies at each of our operating locations to obtain appropriate clearances and information to operate, and if necessary, take appropriate measures to protect the environment, including sensitive ecosystems.
  • Encourage and support facilities to participate in local initiatives that protect and restore biodiversity.
  • Publicly report on biodiversity impacts and activities in a timely, consistent, and transparent manner.
  • Understand and positively influence our supply chain’s impact on biodiversity.

Using these principles as our guide, we commit to setting a science-based biodiversity goal by 2025. In addition, these principles serve as a template as we work to more fully understand our impacts to preserve biodiversity.

For more information about our initiatives in this area, see our Biodiversity chapter.

Tweet me: .@OwensCorning is committed to reducing their environmental footprint. Read More: https://bit.ly/3yTuyZ3

KEYWORDS: NYSE:OC, owens corning

         

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