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 2023, 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 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 2
Market-Based
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Location-Based
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 3
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000

This table provides a simplified preview of selected GHG emissions 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 Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Owens Corning amounted to 3,283,358 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Owens Corning decreased by 6.69%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Owens Corning's Scope 1 Emissions Over Time

2018201920202021202220230750 k1.5 M2.25 M3 MtCO2e-5%-8%-2%-7%-8%
  • Total Scope 1
  • Year-over-Year Change

What are Owens Corning's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Owens Corning were 2,074,156 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Owens Corning reduced its Scope 1 emissions over time?

Since 2018, Owens Corning's Scope 1 emissions have decreased by 26.27%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Owens Corning's Scope 1 emissions decreased by 7.97%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Owens Corning's Scope 2 emissions?

In 2023, Owens Corning reported Scope 2 greenhouse gas (GHG) emissions of 634,149 tCOâ‚‚e using the market-based method, and 1,209,202 tCOâ‚‚e using the location-based method.

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 17.97%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), 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.

What methodology does Owens Corning use for Scope 2 reporting?

In 2023, Owens Corning reported its Scope 2 emissions using the market-based method and using the location-based method.

Owens Corning's Scope 2 Emissions Over Time

2018201920202021202220230400 k800 k1.2 M1.6 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Owens Corning's Value Chain Emissions

In 2023, Owens Corning reported 4,661,469 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Owens Corning includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Owens Corning's Scope 3 Emissions Over Time

20182019202020212022202301.5 M3 M4.5 M6 MtCO2e-5%-7%+13%+3%0%
  • Total Scope 3
  • Year-over-Year Change

What are Owens Corning's Scope 3 emissions?

In 2023, Owens Corning reported total Scope 3 emissions of 4,661,469 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 86.52% of these emissions originated from upstream activities such as purchased goods and capital goods, while 13.48% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Owens Corning reduced its Scope 3 emissions over time?

Since 2018, Owens Corning's Scope 3 emissions have remained relatively stable, indicating that Owens Corning 's emissions have plateaued with no significant change in its value chain footprint.

Compared to the previous year (2022), 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.

What categories of Scope 3 emissions does Owens Corning disclose?

In 2023, Owens Corning reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

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

In 2023, the largest contributors to Owens Corning's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 2,410,048 tCOâ‚‚e (51.7%)
  • Fuel- and Energy-Related Services (Cat. 3): 749,257 tCOâ‚‚e (16.07%)
  • Downstream Transportation and Distribution (Cat. 9): 444,740 tCOâ‚‚e (9.54%)

Owens Corning's Scope 3 Emissions by Categories

DownstreamTransportation andDistribution(Cat. 9)(9.5%)Purchased Goods andServices (Cat. 1)(51.7%)Fuel- andEnergy-RelatedServices (Cat. 3)(16.1%)

Insights into Owens Corning's Total Carbon Footprint

In 2023, Owens Corning reported a total carbon footprint of 7,944,827 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.04% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Owens Corning's total carbon footprint was Scope 3 emissions, accounting for 58.67% of the company's total carbon footprint, followed by Scope 1 emissions at 26.11%.

Want Full Access to Owens Corning's GHG Emissions Dataset?
Sign Up