US: Owens Corning has published its 2022 Sustainability Report, detailing its progress towards its 2030 sustainability goals during 2022. During the year, the insulation producer reduced its CO2 emissions by 22% compared with 2018 levels, against a 2030 reduction target of 50%. It sourced 56% of its electricity renewably. It achieved this with the help of multiple power purchase agreements (PPA), including for on-site generation. It concluded a new 81.9MW virtual PPA in Spain, which will come online in stages throughout the rest of 2023 and 2024.
Senior vice president and chief sustainability officer David Rabuano said "In 2023 and beyond, sustainability will remain at the heart of our business and a critical value creator for Owens Corning, our customers and other stakeholders. As we shift into the next chapter of our sustainability strategy, we will build on the foundational efforts that have been central to sustainability within our organisation - and with the engagement of our 19,000 employees worldwide, we will take the action needed to reach the next level."
