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's GHG Emissions Data Preview

In 2024, Owens Corning completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Owens Corning has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Insights into Owens Corning's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Owens Corning amounted to 2,942,742 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Owens Corning decreased by 14.13%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Owens Corning's Scope 1 Emissions Over Time

20182019202020212022202320240800 k1.6 M2.4 M3.2 MtCO2e-6%-13%0%-8%-9%-21%
  • Total Scope 1
  • Year-over-Year Change

What are Owens Corning's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Owens Corning were 1,662,166 metric tons of COâ‚‚ equivalent (tCOâ‚‚e). a

Has Owens Corning reduced its Scope 1 emissions over time?

Since 2018, Owens Corning's Scope 1 emissions have decreased by 45.69%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Owens Corning's Scope 1 emissions decreased by 21.18%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Owens Corning's Scope 2 emissions?

In 2024, Owens Corning reported Scope 2 greenhouse gas (GHG) emissions of 746,601 tCOâ‚‚e using the market-based method and 1,280,576 tCOâ‚‚e using the location-based method. a

Has Owens Corning reduced its Scope 2 emissions over time?

Since 2018, Owens Corning's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 21.64%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2023), Owens Corning's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Owens Corning 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Owens Corning use for Scope 2 reporting?

In 2024, Owens Corning reported its Scope 2 emissions using the market-based method and using the location-based method. a

Owens Corning's Scope 2 Emissions Over Time

20182019202020212022202320240450 k900 k1.35 M1.8 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Owens Corning's Value Chain Emissions

In 2024, Owens Corning reported 6,257,178 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Owens Corning includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Owens Corning's Scope 3 Emissions Over Time

201820192020202120222023202402 M4 M6 M8 MtCO2e-6%-6%+11%+2%-7%-5%
  • Total Scope 3
  • Year-over-Year Change

What are Owens Corning's Scope 3 emissions?

In 2024, Owens Corning reported total Scope 3 emissions of 6,257,178 metric tons of COâ‚‚ equivalent (tCOâ‚‚e). a

Approximately 92.57% of these emissions originated from upstream activities such as purchased goods and capital goods, while 7.43% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Owens Corning reduced its Scope 3 emissions over time?

Since 2018, Owens Corning's Scope 3 emissions have decreased by 12.14%, reflecting a declining long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2023), Owens Corning's Scope 3 emissions remained relatively stable, indicating that Owens Corning 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Owens Corning disclose?

In 2024, Owens Corning reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Owens Corning's Scope 3 emissions?

In 2024, the largest contributors to Owens Corning's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 3,217,099 tCOâ‚‚e (51.41%)
  • Downstream Transportation and Distribution (Cat. 9): 803,384 tCOâ‚‚e (12.84%)
  • Fuel- and Energy-Related Services (Cat. 3): 780,252 tCOâ‚‚e (12.47%)

Owens Corning's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(12.5%)DownstreamTransportation andDistribution(Cat. 9)(12.8%)Purchased Goods andServices (Cat. 1)(51.4%)

Insights into Owens Corning's Total Carbon Footprint

In 2024, Owens Corning reported a total carbon footprint of 9,199,920 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.13% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Owens Corning's total carbon footprint was Scope 3 emissions, accounting for 68.01% of the company's total carbon footprint, followed by Scope 1 emissions at 18.07%. a

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