owens corning | 2018€¦ · as part of its commitment to sustainability, owens corning has...

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24% 10% 22% 44% 2017 Sales: Employees: Countries: $6.4 Billion 19,000 37 2017 revenue by end market based on Owens Corning management estimates; estimated error margin below 5% ROOFING INSULATION COMPOSITES OWENS CORNING | 2018 www.owenscorning.com COMPANY OVERVIEW Owens Corning develops, manufactures, and markets insulation, roofing, and fiberglass composites. Global in scope and human in scale, the company’s market-leading businesses use their deep expertise in materials, manufacturing, and building science to develop products and systems that save energy and improve comfort in commercial and residential buildings. Through its glass reinforcements business, the company makes thousands of products lighter, stronger, and more durable. Ultimately, Owens Corning people and products make the world a better place. Based in Toledo, Ohio, Owens Corning has been a FORTUNE 500 ® company for 64 consecutive years. SUSTAINABILITY Owens Corning is committed to concurrently advancing economic growth, social progress, and environmental stewardship. The company strives to operate a “net positive” enterprise, continuously shrinking its environmental footprint while expanding its handprint – the positive impact of its people and products. In 2017, for the 8th year in a row, Owens Corning earned placement in the Dow Jones Sustainability World Index in recognition of its sustainability initiatives. The DJSI World Index is an elite listing of the top 10% of the world’s 2,500 largest companies based on long-term economic, environmental, and social criteria. The company also ranked 3rd on Corporate Responsibility Magazine’s 100 Best Corporate Citizens list for 2018. Companies on the list are ranked in seven categories: environment, employee relations, climate change, human rights, community support, financial performance and governance. DIVERSITY Embracing diversity creates an environment where employees feel welcome, respected, and valued for their contributions. Owens Corning received a perfect score for the 2018 Corporate Equality Index, published by the Human Rights Campaign Foundation. Affinity groups at Owens Corning advance its commitment to inclusiveness. These include African American Resource Group, Connections, GLBTA, Multicultural Network, and Women’s Information Network. SAFETY Owens Corning’s commitment to safety is unconditional. The company has received the highest honor of the National Safety Council, the Green Cross for Safety medal. Since 2001, Owens Corning has reduced injuries in its facilities globally by over 90%. In addition, more than half of our facilities were injury-free in 2017. The company also expanded its Healthy Living initiatives in 2017, which promotes preventive care, healthy minds, physical activity, nutrition, being tobacco-free, and financial wellness. Owens Corning’s three primary businesses – Composites, Roofing, and Insulation provide market, geographic, and customer diversity. The company operates in markets with attractive long-term macro drivers, including global industrial production, material substitution, U.S. housing, and energy efficiency. U.S. residential new construction U.S. residential repair and remodeling U.S. commercial and industrial International 3% 12% 26% 59% 7% 82% 8% 3%

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Page 1: OWENS CORNING | 2018€¦ · As part of its commitment to sustainability, Owens Corning has facilitated the recycling of 2.1 billion pounds of end-of-life shingles through our networks

24%

10%

22%

44%

2017 Sales: Employees: Countries:$6.4 Billion 19,000 37

2017 revenue by end market based on Owens Corningmanagement estimates; estimated error margin below 5%

ROOFING

INSULATION

COMPOSITES

OWENS CORNING | 2018www.owenscorning.com

COMPANY OVERVIEW Owens Corning develops, manufactures, and markets insulation, roofing, and fiberglass composites. Global in scope and human in scale, the company’s market-leading businesses use their deep expertise in materials, manufacturing, and building science to develop products and systems that save energy and improve comfort in commercial and residential buildings. Through its glass reinforcements business, the company makes thousands of products lighter, stronger, and more durable.

Ultimately, Owens Corning people and products make the world a better place. Based in Toledo, Ohio, Owens Corning has been a FORTUNE 500® company for 64 consecutive years.

SUSTAINABILITY Owens Corning is committed to concurrently advancing economic growth, social progress, and environmental stewardship. The company strives to operate a “net positive” enterprise, continuously shrinking its environmental footprint while expanding its handprint – the positive impact of its people and products.

In 2017, for the 8th year in a row, Owens Corning earned placement in the Dow Jones Sustainability World Index in recognition of its sustainability initiatives. The DJSI World Index is an elite listing of the top 10% of the world’s 2,500 largest companies based on long-term economic, environmental, and social criteria.

The company also ranked 3rd on Corporate Responsibility Magazine’s 100 Best Corporate Citizens list for 2018. Companies on the list are ranked in seven categories: environment, employee relations, climate change, human rights, community support, financial performance and governance.

DIVERSITY Embracing diversity creates an environment where employees feel welcome, respected, and valued for their contributions. Owens Corning received a

perfect score for the 2018 Corporate Equality Index, published by the Human Rights Campaign Foundation. Affinity groups at Owens Corning advance its commitment to inclusiveness. These include African American Resource Group, Connections, GLBTA, Multicultural Network, and Women’s Information Network.

SAFETY Owens Corning’s commitment to safety is unconditional. The company has received the highest honor of the National Safety Council, the Green Cross for Safety medal. Since 2001, Owens Corning has reduced injuries in its facilities globally by over 90%. In addition, more than half of our facilities were injury-free in 2017. The company also expanded its Healthy Living initiatives in 2017, which promotes preventive care, healthy minds, physical activity, nutrition, being tobacco-free, and financial wellness.

Owens Corning’s three primary businesses – Composites, Roofing, and Insulation – provide market, geographic, and customer diversity. The company operates in markets with attractive long-term macro drivers, including global industrial production, material substitution, U.S. housing, and energy efficiency.

U.S. residential new construction

U.S. residential repair and remodeling

U.S. commercial and industrial

International

3%

12%

26%59%

7%

82%

8%

3%

Page 2: OWENS CORNING | 2018€¦ · As part of its commitment to sustainability, Owens Corning has facilitated the recycling of 2.1 billion pounds of end-of-life shingles through our networks

OWENS CORNINGONE OWENS CORNING PARKWAYTOLEDO, OHIO, USA 436591-800-GET-PINK®

www.owenscorning.com

The color PINK is a registered trademark of Owens Corning. © 2018 Owens Corning.The NYSE logo is a registered trademark of NYSE Group, Inc.

INSULATION Owens Corning delivers high-performance residential, commercial building, and industrial insulation solutions through a full line of fiberglass, foam, mineral wool, and cellular glass products and systems. These product and system solutions help conserve energy, improve acoustics, keep people safe, and ease installation and use. These qualities add up to preferred insulation products for residential, commercial construction, and industrial applications.

Owens Corning applies the principles of building science to develop safe, sustainable, durable, efficient, and affordable solutions that address thermal, air, moisture, and fire performance for the entire building envelope. These solutions range from high-

performance conditioned and ventilated attic systems to performance-engineered duct systems and wall systems designed for different climate zones.

Owens Corning is committed to helping builders, architects, and building professionals meet and exceed codes; providing comfort and energy efficiency to building occupants; and offering safe, trusted insulation systems to installers.

COMPOSITES Owens Corning is a world-leading producer of glass-fiber reinforcement materials for composites. More than 75 years ago, Owens Corning discovered commercially viable processes for making glass fibers. A composite is an engineered material system that combines reinforcement fibers, such as glass, with another material, like thermoplastic resins or gypsum. The result is a high-performance material that is more durable, energy-efficient, and lightweight than traditional materials such as steel, wood, or concrete.

Today, composite materials are found in more than 40,000 end-use applications. Owens Corning serves a diverse range of customers in the building and construction, transportation, wind energy, consumer, and industrial markets across the globe. Owens

Corning composite products deliver productivity and performance benefits, including enhanced durability, design flexibility, light-weighting (reduced fuel consumption and emissions), corrosion resistance, and more. Customers are further supported by more than 200 researchers in five research and development centers on three continents.

ROOFING Owens Corning serves the residential repair and remodeling markets,and the new construction market with its roofing systems. Owens Corning roofing shingles, underlayment, and component products help increase the roof’s performance and durability. The roof has a major impact on the overall design, performance, and perceived value of a home. Owens Corning shingles offer style and color – a design for every home.

Beyond aesthetics, shingles are highly engineered products that include granules for UV protection; asphalt for weather and moisture resistance; a Fiberglas™ mat for strength, durability and fire resistance; and advanced sealants to help them protect the roof deck from water and wind. Patented SureNail® Technology means that all Duration® Series shingles

have twice the bond strength of standard products, which helps deliver wind resistance of 130 mph*.

As part of its commitment to sustainability, Owens Corning has facilitated the recycling of 2.1 billion pounds of end-of-life shingles through our networks in 2017.

*See actual warranty for complete details, limitations and requirements. SureNail® Technology is proprietary with U.S. and foreign protection including U.S. Patent Nos. 7,836,654, 8,156,704; 8,181,413; 8,240,102; 8,430,983; 8,607,521; 8,623,164; 8,752,351; 8,991,130; 9,121,178; and patents pending.