Owens Corning

Toledo, United Stateswww.owenscorning.com
Invested through
  • Triodos Pioneer Impact Fund
  • Triodos Multi Impact Fund
  • Triodos Impact Strategy Fund - Defensive
  • Triodos Impact Strategy Fund - Balanced
  • Triodos Impact Strategy Fund - Offensive
  • Triodos Impact Strategy Fund - Dynamic
Asset ClassesListed equity
Impact strategyImpact Equities and Bonds
Bloomberg tickerOC US
ISIN codeUS6907421019
Industry groupCapital Goods
Aligned with SDGs

Owens Corning produces residential and commercial building materials, glass-fiber reinforcements, and engineered materials for composite systems. The company offers its products globally to various industries.

Investment rationale

Owens Corning is a leader in recycled content for fiberglass insulation. The company therefore actively contributes to the Circular Economy. Its products also contribute to lower energy consumption in the real estate sector, fitting our Sustainable Mobility & Infrastructure theme as well.

Several composite products made from fibre glass are used as alternatives for traditional wood, aluminum, steel and plastic materials. The company is the largest buyer of recycled glass in the world with 600 million kg per year. Glass fibre based insulation products have a recycled raw material content of 50% to 70%. The company also has a collection and recycling programme for its roofing shingles. The asphalt is sold to road paving companies and the glass fibre shield is recycled for re-use as raw material.