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National Press Release
 | Owens Corning Partners with Environmental Defense Fund and PHH Arval to Reduce Emissions of Vehicle FleetPublished 2008-06-26 08:42By Owens Corning |
Owens Corning joined the PHH GreenFleet program developed by PHH Arval and Environmental Defense Fund in an effort to reduce fuel consumption and operating costs, improve efficiency and reduce emissions from vehicle fleets used by its North American sales force.
"We're committed to greening our operations around the world in every area of our business to achieve specific environmental footprint reductions and reduce operating costs," said Frank O'Brien-Bernini, chief sustainability officer for Owens Corning. "Reducing the emissions of our vehicle fleet allows us to achieve both of these goals simultaneously."
Through PHH GreenFleet, Owens Corning established a greenhouse gas baseline and incorporated more efficient vehicles into the fleet. Early steps included eliminating the company's least-efficient vehicles, "right sizing" trucks and sport utility vehicles, and incorporating more front-wheel drive and four-cylinder engine vehicles. Owens Corning expects to increase fleet average miles-per-gallon (MPG) by 18 percent, reduce greenhouse emissions by 15 percent and reduce projected operating costs by 8 percent.
"Through the leadership of Owens Corning and other fleets participating in
the PHH GreenFleet program, we are demonstrating that green business and good
business go hand-in-hand," said
The PHH GreenFleet program is designed to help companies cost-effectively measure, reduce and offset their greenhouse gas emissions, and PHH clients utilizing the program have achieved, on average, a 14 percent reduction. Participation includes: in-depth analysis and recommendations to improve efficiency and reduce greenhouse gas emissions; quarterly measurement and reporting of emissions; and resources to offset remaining emissions.
"The trend towards measuring and reducing emissions from vehicle fleets is
a great success story for the environment and for corporate America," said
About Owens Corning
Owens Corning (NYSE: OC) is a leading global producer of residential and
commercial building materials, glass fiber reinforcements and engineered
materials for composite systems. A Fortune 500 company for 54 consecutive
years, Owens Corning is committed to driving sustainability through delivering
solutions, transforming markets and enhancing lives. Founded in 1938, Owens
Corning is a market-leading innovator of glass fiber technology with sales of
About Environmental Defense Fund
A leading national nonprofit organization, Environmental Defense Fund represents more than 500,000 members. Since 1967, Environmental Defense Fund has linked science, economics, law and innovative private-sector partnerships to create breakthrough solutions to the most serious environmental problems. For more information, visit www.edf.org .
About PHH Arval
PHH Arval, a subsidiary of PHH Corporation (NYSE: PHH), is a leading fleet
management services provider in
SOURCE Owens Corning
