Owens Corning

Building Products
OC
$ 150 0.66
Share price
$ 13 bn
Market Cap
$ 15 bn
Enterprise Value

Carbon footprint

226 Ton
GHG emissions per $ 1 mln investment
6.7x the weighted average for S&P 500
FY2020
How is this calculated?
-9.4%
YOY change in GHG emissions
Weaker than the -11% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

This company has not set a company-wide target for an absolute reduction in GHG emissions yet

but has a science based goal that does not target absolute reductions but is still aligned with Paris Agreement according to SBTi

GHG emissions and Carbon intensity

Owens Corning's GHG emissions (market-based) (Kt of CO2e)
Owens Corning's Carbon intensity (Tons per 1 USDm)

Owens Corning's carbon footprint

Owens Corning reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 3,338 Kt (-348 /-9.4% y-o-y). Also positively, carbon intensity plummeted to 473 t (-42 /-8.1% y-o-y).

Owens Corning's Scope 3 emissions plunged to 3,437 Kt (-348 /-9.2% y-o-y). This is a higher rate of decline than over the period since 4Q'17 (-3.4% CAGR).

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.

Owens Corning also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Owens Corning commits to reduce absolute scope 1 and 2 GHG emissions 50% by 2030 from a 2018 base year. Owens Corning also commits to reduce absolute scope 3 GHG emissions 30% within the same timeframe.

Company environmental metrics

Show more...