Energy Efficiency, GHG Emissions, Industrial - May 24, 2023
Owens Corning Cuts Emissions by 22%
Building and construction materials company Owens Corning has lowered Scope 1 and Scope 2 emissions by 22% in 2022, from a 2018 baseline. These results move the company closer to its goal of a 50% reduction in absolute Scope 1 and Scope 2 market-based GHG emissions by 2030.
Owens Corning has increased its use of renewable electricity with approximately 56% of the company’s electricity now coming from renewable sources, including wind, hydro, solar, and geothermal energy in 2022.
In 2022 the company entered into a VPPA in Spain that is expected to come online in stages throughout 2023 and 2024. With a contract capacity of 81.9 MW, it is expected to produce 223 GWh per year.
Details were provided in its 2022 Sustainability Report, Our Mission at Work.
“In 2022, we made progress toward many of our 2030 goals while delivering strong financial results,” said Board Chair and Chief Executive Officer Brian Chambers in a statement. “In doing so, we demonstrated the power of our company’s mission to build a sustainable future through material innovation.”
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