expanding our impact through sustainability · jesús hernández-torres, director of innovation...
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EXPANDING OUR IMPACTTHROUGH SUSTAINABILITY
Sustainability at Owens Corning
Jesús Hernández-Torres
RFCI 2019
OWENS CORNING IS GLOBAL IN SCOPE
33countries
20,000employees
3 strong businesses
Roofing | Insulation | Composites
$7.1b2018 sales
OUR DEEP EXPERTISE HAS A SOLID FOUNDATION
1938 First Board of Directors 1939 World’s Fair 1953 Chevrolet Corvette
1957 Recreational boating 1969 Space suits1956 The color PINK 1975 800-mile Trans-Alaska Pipeline
2008 The Bird’s Nest stadium
WE ARE A TRUSTED MANUFACTURER
2011 Loosefill insulation | EcoTouch®
1980 The Pink Panther™
2007 Duration Shingles
1977 Asphalt shingles 1981 Hajj airport terminal in Saudi Arabia
WE ARE A GROWING GLOBAL POWERHOUSE
2013 Thermafiber
2017 Foamglas 2017 Paroc
2017 Made with 100% Renewable Energy2016 Interwrap
2018+ Organic Growth
EMPLOYEES
3320,000
COUNTRIES
WHAT SUSTAINABILITY MEANS TO USOur purpose: Our people and products make the world a better place
“Meeting the needs of the present while leaving the world a better place for the future.”
+Net-positive Company Aspiration
6
7
OUR SUSTAINABLE ENTERPRISE FRAMEWORK KEEPS US FOCUSED
Customer-inspiredinnovation
High-performancepeople
World-classsustainability
Operational excellence
Financialstrength
CUSTOMERSINVESTORSEMPLOYEES
COMMUNITIES
WE CONSIDER THE FUTURE IN EVERYTHING WE DO
Safety, Health,Community
Operations Product and Supply Chain
Innovation and Collaboration
Owens Corning was among the first companies to set holistic footprint reduction goals.
Injuries reduced by over 90% since our baseline year of 2002.
Our sustainable product strategy includes being leaders in transparency.
We work with customers to improve energy efficiency and durability of their products.
SUSTAINABLE PRODUCTS, BY DESIGN
Delivering products with a sustainability advantage, validated by total life cycle assessment
Raw Materials Transportation OC Manufacture
TransportationUseEnd of Life
WORKING TO UNDERSTAND AND DISCLOSE IMPACTS
Good: Never be de-specified Better: Be specified Best: Be selected
PRODUCT ATTRIBUTES PRODUCT TRANSPARENCY
PRODUCT LISTINGS
Our goal: sustainable products that can always be selected
CONNECTED TO UN SUSTAINABLE DEVELOPMENT GOALSMost Direct Impact
UN SDGs…
"Transforming our World: the 2030
Agenda for Sustainable
Development"
Less Direct Impact
Influence
11
May 7, 2019Owens Corning Company Overview 12
OUR COMMITMENT TO SAFETY IS UNCONDITIONAL
Key accomplishments
EMPLOYEE SAFETY
LEADERSHIP SAFETY
CELL PHONE POLICY
MEDAL RECIPIENT
HEALTHY LIVING
RIR2001 RIR 6.69
5.74
3.963.18
2.18 1.891.37
0.88 0.84 0.66 0.50 0.46 0.47 0.57 0.52 0.51 0.500.52
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018*
* Source: 2018 Sustainability Report
HOLISTIC SUPPORT FOR HEALTHY LIVING
Our aspiration: All employees are free of life-style induced disease
Metrics:
Tier 1: Actions-Based
Tier 2: Health Risk
Tier 3: Disease-Related
*Formaldehyde, ammonia, polycylic aromatic compounds, manganese and hexavalent chromium
GLOBAL INTENSITY (2010-2020)*
PROGRESS ON 2020 SUSTAINABILITY GOALSShrinking our environmental footprint … setting and achieving ambitious goals
-20 -20
-15
-50
-70
-35
-26
-48
-25
-61
-4
-41
PRIMARY
ENERGY
PARTICULATE
MATTER 2.5 WATER
WASTE TO
LANDFILL
GREENHOUSE
GAS
TOXIC AIR
EMISSIONS*
-50
-75
-50
-20
-31
-48
-29
-59
-6
-42
GOALPREVIOUS
GOAL
2010-20182010 Base Year
2018
2020 Goals
2.4MW solar array provides ~21% of the power for world headquarters in Ohio
PROJECTS FOR GREENER PRODUCTS, PROCESSES, AND OPERATIONS
15
Energy Management Sustainable Products
• Commitment to life cycle assessments and transparency
• Products that reduce energy consumption when used
One of the largest users of recycled glass in the world, Owens Corning consumed over 1.4 billion pounds of recycled glass globally in 2018
Sustainable Waste Management
• Energy efficiency, conservation, and savings
• Using renewable energy in our own processes
High-performance glass fibers and fabrics that enable longer and lighter wind blades
• Focus on practical technical solutions and business models
• Recycling process waste and end-of-life products and applications
COLLABORATING TO DELIVER SCALABLE SOLUTIONS
For example:• Zero energy buildings• More efficient wind turbines• Durable building assemblies• Lighter vehicles• Roofs that last longer and don’t leak in
severe storms
We believe innovation and collaboration are inseparable
Source: U.S. Energy Information Administration (EIA), 2017https://www.eia.gov/environment/emissions/carbon/
36% Buildings
27% Industrial
37% Transportation
19% Residential
17% Commercial
GREENHOUSE GAS REDUCTION IS A KEY GOAL
PRODUCT TAKE-BACK IS A CRITICAL CHALLENGE
Finding end-of-life solutions, or creating different product life cycles by designing for reuse
Wind turbine blades Shingles torn off roofs
MAKING A DIFFERENCE IN OUR COMMUNITIES
RECOGNIZED EXTERNALLY FOR OUR EFFORTS
Ranked #1 six years consecutively in the Building Products Group (top scores in environmental, social and economic for 2nd year in a row)
Earned “Gold Class” score in 2019 for the 6th consecutive year
Obtained a perfect score on 2019 Corporate Equality Index for the 15th consecutive year
Ranked 1st among 100 Best Corporate Citizens in 2019
Included in CDP’s “A List” for climate change in 2018
2nd year recognized by Ethisphere as one of the “World’s Most Ethical Companies”; 1 of only 4 honorees in the Construction and Building Materials Industry
Earned the following ISS scores in 2019:• Environmental: 1• Social: 1 • Governance: 2
Note: recognitions and rankings as of 7/23/2019 20
Start
Wellness
Community
SafetyCustomerCollaboration
Products
EnvironmentalFootprint
Supplier Expectations
We arehere…
Healthy Living
…and where we go from here is up to you!
OUR GOALS HAVE EVOLVED ALONG THE WAY
Underestimate what we can accomplish in a decade …
- BILL GATES
Overestimate what we can accomplish in a year …
SUSTAINABILITY REQUIRES LONG-RANGE THINKING
More Info:
Jesús Hernández-Torres, Director of Innovation – Composites Solutions
Frank O’Brien-Bernini, VP and Chief Sustainability Officer
GREEN BOND
https://newsroom.owenscorning.com/press-release/company-news/owens-corning-issues-450-million-green-bond