Owens Corning

Country
United States
Sector
Industrials
Industry
Building Products & Equipment
Employees
25,000
Ticker
OC
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Owens Corning Inc. is a frontline player in the industrial materials industry, primarily specializing in the production of building and construction materials. The company's core products include insu...

Owens Corning Energy Data Preview

In 2023, Owens Corning disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Owens Corning disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, Owens Corning also reported the types of energy sources as well as generation technologies, helping stakeholders evaluate Owens Corning's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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This table provides a simplified preview of selected energy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Owens Corning's Energy Renewability

In 2023, Owens Corning consumed a total of 33.97 million Gigajoules of energy across its operations. Of this total, 18.66% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 81.34% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

Owens Corning's Energy Renewability Rate

19%

How much of Owens Corning's energy consumed is renewable?

In 2023, Owens Corning consumed a total of 33.97 million Gigajoules of energy, of which 18.66% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Owens Corning has considerable room to improve its energy sustainability strategy.

Are Owens Corning's energy practices becoming more sustainable?

Since 2018, Owens Corning's total energy consumption decreased by 8.42%, including a further 7.67% drop in 2023, highlighting a continued decline in energy use.

Over the same period, the share of renewable energy in Owens Corning's consumption increased by 14.35%, including a 1.28% increase in 2023, showing consistent progress in clean energy adoption.

Overall, Owens Corning has reduced its total energy consumption while steadily increasing its use of renewables, reflecting a strong commitment to reducing its energy-related environmental footprint.

Owens Corning's Renewable vs Non-renewable Energy Over Time

34.15 M14.15 M5.85 M34.15 MGigajoules (GJ)20182019202020212022202316%16%18%17%18%19%84%84%82%83%82%81%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into Owens Corning's Energy Consumption & Production Mix

In 2023, Owens Corning disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the Owens Corning's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.

Owens Corning's Energy Consumed by Sources and Technologies

Natural Gas(59.5%)Wind Energy(12.4%)Coke(5.9%)

What are the main sources and generation technologies behind Owens Corning's energy consumption?

In 2023, Owens Corning's total energy consumption was primarily sourced from

  • Natural Gas (59.49%)
  • Wind Energy (12.41%)
  • Coke (5.85%)

How diverse is Owens Corning’s energy consumption mix?

In 2023, Owens Corning consumed energy from 19 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source.

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