TOLEDO, Ohio, June 30 /PRNewswire-FirstCall/ -- Owens Corning (NYSE:
OC) today released its 2007 Sustainability Report, which highlights the
company's commitment to operating its business with three balanced outcomes
of economic growth, environmental stewardship and social progress. The
report features the company's 2007 progress against its performance goals
established for 2012.
"Sustainability is a core strategy at Owens Corning," said Mike Thaman,
chairman and chief executive officer. "We define sustainability as meeting
the needs of the present without compromising the world that we leave to
the future. This approach to business energizes our people, creates growth
opportunities for our customers and drives value for our shareholders."
The sustainability goals focus on three strategic initiatives for the
company:
-- Greening our operations - achieving specific environmental footprint
reductions
-- Greening our products - continuously improving the life-cycle impact
of our products
-- Accelerating energy efficiency improvements in the built
environment.
In the report, Owens Corning states that it has met the 2012 goals for
reductions in particulate matter, water and nitrogen oxides, and is on
track for energy and waste-to-landfill reductions. Further improvements
throughout the company's operations are needed to meet the goals for
reducing volatile organic compounds and greenhouse gases.
"Sustainability is a journey of continuous improvement," said Frank
O'Brien-Bernini, chief sustainability officer. "While pleased with our
progress, we have much more to accomplish. This report accurately reflects
our achievements, while also showing ourselves and the outside world where
we can do better."
Owens Corning has printed a limited number of copies of the report,
using recycled paper, soy-based ink, and non-polluting wind-generated
energy. The report is available online at
http://www.owenscorning.com/sustainability .
About Owens Corning
Owens Corning (NYSE: OC) is a leading global producer of residential
and commercial building materials, glass fiber reinforcements and
engineered materials for composite systems. A Fortune 500 company for 54
consecutive years, Owens Corning is committed to driving sustainability
through delivering solutions, transforming markets and enhancing lives.
Founded in 1938, Owens Corning is a market-leading innovator of glass fiber
technology with sales of $5 billion in 2007 and 19,000 employees in 26
countries on five continents. Additional information is available at
http://www.owenscorning.com .
SOURCE Owens Corning
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CONTACT:
Investor Inquiries: Jason Saragian,
+1-419-248-8987, or Scott Deitz, +1-419-248-8935, both of Owens
Corning
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