Armstrong World Industries Releases Fourth Annual Sustainability Report
May 23 2024 - 10:33AM
Business Wire
Armstrong World Industries, Inc. (NYSE:AWI), a leader in the
design, innovation, and manufacture of ceiling and wall solutions
in the Americas, today released its fourth annual sustainability
report entitled “Building Better Together.” The report highlights
2023 progress toward the company’s 2030 targets focused on the
three pillars of its sustainability program—Healthy and Circular
Products, Healthy Planet, and Thriving People and Communities.
Key highlights from the report include:
- 61% of total product sales and 80% of Mineral Fiber product
sales in 2023 free of chemicals of concern
- A 12% reduction in Scope 1 and Scope 2 emissions from the 2019
baseline.
- An increase in renewable electricity sourcing as a percent of
total usage to 17% from 0% in 2019.
- 75 community organizations supported by our employee choice
giving and foundation matching program.
- Continued progress toward our zero-injury safety goal with an
21% reduction in total recordable injury rate compared to prior
year.
“I am very proud of the dedication our team has shown to advance
the goals of the three pillars of our sustainability program,” said
AWI CEO and President Vic Grizzle. “We have made great strides in
operationalizing and embedding sustainability into our business at
Armstrong. This report highlights how we’re making progress to
lessen our own environmental impact while innovating and
collaborating to bring products to market that our customers need
to meet their own need for sustainable solutions.”
The report showcases the company’s Building Better Together
initiative that launched in 2023 to encourage collaboration and
innovation to develop the solutions needed to meet the
sustainability and health challenges in the built environment
today. The report also highlights the introduction of energy-saving
Ultima® Templok® ceiling panels which are the first product in what
is expected to become a broader portfolio of solutions that can
save energy and reduce carbon emissions generated by commercial
buildings.
Similar to prior years, Armstrong’s 2024 sustainability report
has been prepared in accordance with the Global Reporting
Initiative (GRI) Standards, Core option. It is also aligned with
the following frameworks and standards: Sustainability Accounting
Standards Board (SASB), Construction Materials standards, and the
Task Force on Climate-Related Financial Disclosures (TCFD).
See the full report for more details on Armstrong’s 2023
sustainability progress and performance.
About Armstrong World Industries Armstrong World
Industries, Inc. (AWI) is a leader in the design and manufacture of
innovative ceiling and wall system solutions in the Americas. With
$1.3 billion in revenue in 2023, AWI has approximately 3,500
employees and a manufacturing network of 19 facilities, plus seven
facilities dedicated to its WAVE joint venture. For over 160 years,
Armstrong has pursued innovation and manufacturing excellence to
deliver products and services to our customers that can transform
how people design, build and experience spaces with aesthetics,
acoustics, well-being, and sustainability in mind.
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version on businesswire.com: https://www.businesswire.com/news/home/20240523089953/en/
Theresa Womble, VP, Investor Relations and Corporate
Communications tlwomble@armstrongceilings.com or (717) 396-6354
Armstrong World Industries (NYSE:AWI)
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