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Owens Corning: 2010 Calvert Social Index

Building materials and glass fiber reinforcements leader Owens Corning has been added to the 2010 Calvert Social Index, a stock market benchmark for measuring the performance of large, US-based social…

Building materials and glass fiber reinforcements leader Owens Corning has been added to the 2010 Calvert Social Index, a stock market benchmark for measuring the performance of large, US-based socially responsible companies. The Calvert Social Index includes 662 companies among the 1,000 largest publicly traded companies in the US as per criteria established by Calvert Investments, relating to the environment, workplace, product safety, community relations, international operations and human rights. At a minimum of 50% recycled content, Owens Corning Fiberglas insulation products, which reduce energy consumption and greenhouse gas emissions while reducing heating and cooling costs, have the highest certified recycled content for fiberglass insulation in North America. Corning“s roofing business has, during the past year, launched a programme to simplify shingle recycling for roofing contractors. The programme keeps material out of landfills and turns it into asphalt paving by connecting contractors with convenient drop-off and recycling centres operated by Heritage Environmental Services, the largest privately-held environmental services company in the US. The company“s glass fiber reinforcements are used in thousands of applications, including lightweight composite parts for automobiles and trucks, where they help vehicles use less fuel while resisting corrosion, requiring less maintenance and lasting longer. Owens Corning is also the leading provider of glass fiber reinforcements for wind turbine blades used in renewable electricity production. Owens Corning recently released its fourth annual Sustainability Report outlining the company“s progress in reducing its environmental footprint, greening its product lines, providing energy-efficiency solutions for the built environment and supporting renewable energy sources.

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