Sustainability Report TABLE of CONTENTS
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OWENS CORNING DIFFERENCE DRIVEN 2018 Sustainability Report TABLE OF CONTENTS INTRODUCTION .......................................................................................................................3 EXECUTIVE SUMMARY ..........................................................................................................4 Message from Our CEO and CSO ......................................................................................5 2018 Year in Review ............................................................................................................7 About Owens Corning ...................................................................................................... 11 Stakeholder Engagement & Material Issues ..................................................................14 HIGH-PERFORMANCE PEOPLE .........................................................................................24 Employee Experience .......................................................................................................25 Employee Development ...................................................................................................31 Inclusion and Diversity .....................................................................................................37 CUSTOMER-INSPIRED INNOVATION ...............................................................................44 Building Science ...............................................................................................................45 Product Innovation ...........................................................................................................50 Product Sustainability & Stewardship ............................................................................56 OPERATIONAL EXCELLENCE .............................................................................................67 Supply Chain Sustainability .............................................................................................68 Total Productive Maintenance .........................................................................................75 WORLD-CLASS SUSTAINABILITY .....................................................................................78 Living Safely ......................................................................................................................79 Healthy Living ....................................................................................................................86 Human Rights ....................................................................................................................93 Community Impact ...........................................................................................................99 Climate Change ............................................................................................................... 110 Energy .............................................................................................................................. 113 Emissions ........................................................................................................................120 Water ................................................................................................................................128 Waste ...............................................................................................................................135 Protecting Biodiversity ...................................................................................................144 Environmental Control....................................................................................................148 FINANCIAL STRENGTH .....................................................................................................150 Economic Responsibility ................................................................................................151 Corporate Governance ...................................................................................................157 Ethics................................................................................................................................168 ABOUT THE REPORT ..........................................................................................................174 About the Report .............................................................................................................175 APPENDICES ........................................................................................................................179 A - Awards ........................................................................................................................180 B - Workforce Data ..........................................................................................................186 C - Environmental Data ...................................................................................................196 D - Key Partnerships .......................................................................................................217 E - UN Global Compact Communication on Progress .................................................221 F - Assurance Statement ................................................................................................225 GRI STANDARDS INDEX ................................................................................................... 228 Bringing the story to life INTRODUCTION Employees from several European locations participate in a Human-Centered Design workshop. Thank you for your interest in our 13th annual sustainability report. We are proud of our long-standing commitment to the environmental, social, and governance issues that are material to our business and important to stakeholders. This report also marks the second year we have prepared our report in accordance with the GRI Standards: Comprehensive option. The theme of our 2018 report is Difference Driven. It highlights our promise to deliver a material difference for all our stakeholders. Our employees deliver on that promise each day and those stories make up the body of this report. Difference Driven also means looking ahead and realizing there is always more to be done throughout our journey. In this report, you will find independently verified data and descriptions of our efforts to uphold our commitments to sustainability. New for the 2018 report, we have moved some supporting data to the appendices to better highlight the work of our employees in the most recent reporting period. We have also taken a new approach to how we organize the topics we report on, which better aligns with our overall company BRINGING THE STORY TO LIFE strategy. Owens Corning leadership uses a framework that supports Throughout this report, we feature photos taken by – managing the company as a sustainable enterprise. The pillars of and of – our employees around the globe. Each photo our sustainable enterprise framework are: high-performance people, is a snapshot of an employee's personal experience of customer-inspired innovation, operational excellence, world- the way we strive to be difference-driven. Our people class sustainability, and financial strength. These pillars guide our are proud of Owens Corning’s commitment to making evaluation of the businesses, performance criteria, resource allocation, the world a better place, and this report reflects their and other strategic choices focused on both short-term and long-term many contributions. horizons. These pillars also enable us to better serve key stakeholders, including customers, investors, employees, and the communities in which Owens Corning operates. 2018 OWENS CORNING SUSTAINABILITY REPORT | DIFFERENCE DRIVEN | 3 EXECUTIVE SUMMARY MESSAGE FROM OUR CEO AND CSO 2018 YEAR IN REVIEW ABOUT OWENS CORNING STAKEHOLDER ENGAGEMENT & MATERIAL ISSUES PHOTO CREDIT: Alessio, Frizziero | Besana, Italy Lake of Aviolo 2018 OWENS CORNING SUSTAINABILITY REPORT | DIFFERENCE DRIVEN | 4 MESSAGE FROM OUR CEO AND CSO Brian Chambers, president and CEO, and Frank O'Brien-Bernini, CSO It’s a pleasure to present our 2018 Sustainability Report Safety remains our top priority. As 2019 unfolds, there and share the progress Owens Corning has made against is an increasing focus in all Owens Corning facilities on our 2020 sustainability goals, as well as our commitment identifying hazards and eliminating risks that can lead to to making the world a better place. serious injuries, going beyond the traditional emphasis on reducing recordable injuries. This additional assessment The theme for this year’s report, Difference Driven, reflects is key to our continued march to zero injuries. our sustainability commitments as well as our aspirations. Owens Corning is a materially different company than it We believe that health and wellness contribute to was in 2002, when we established our first set of long- employee engagement and quality of life, which is why range sustainability goals. Expanding our impact through we continually seek ways to help our employees and their safety, wellness, and sustainability remains a strategic families embrace healthy living. For instance, our new U.S. priority — one that reflects our belief that we succeed as opioid policy limits the initial prescription to a three-day a company when we live our core values. That means we supply for U.S. employees and dependents on Owens must consider the future in all we do, with a commitment Corning health plans. This