Synopsis: What principles drive organizations Which rank ghly as… Synopsis: What principles drive organizations Which rank ghly as responsible corporate citizens? Corporate Responsibility Magazine editor Jen Boynton interview C ef Sustainability Officer Frank O’Brien-Bernini on Owens Corning ranking #3 on the 2018 list of the 100 Best Corporate Citizens. To be solved:Do you t nk the principles described during t s interview are unique to Owens Corning as a company or could any organization apply them to make better et cal decisions and manage a socially responsible business? Ranking #3 is certainly very good, but in the following year, t s company moved up to #1. Review the 2019 list to learn more about t s prestigious ac evement (https://100best.3blmedia.com)Video Transcript of the interview. What is your reaction to the additional information on t s prestigious ac evement?1. what does the recognition of being number three on the hundred best list mean for you in your company?so being number three is is really exciting for us as with anyt ng in business score cards matter and we have internal scorecards that measure everyt ng that we across all of our sustainability and business metrics but it’s really very cool to be able to have an external view of our performance and these ratings and rankings give us that external view so that we can have confidence that the work that we’re doing is in fact world-class and is making a difference for our stakeholders of Which are you know our employees our customers our investors the communities in Which we operate 2. why is it important to communicate your corporate responsibility practices to external stakeholders?internal and external stakeholders in owens-corning we’re committed to operating our company in the framework of a sustainable enterprise and that framework has five pillars financial strength gh-performance people customer inspired innovation operational excellence and world-class sustainability and for all five of those we have internal metrics and scorecards and the opportunity that we have with external rankings is to get a view into those on how the outside world sees were performing there we make our business decisions inside that sustainable enterprise framework and because of that as you can imagine our shareholders our stakeholders have a in fact I would say an expectation that they have visibility to how we’re making decisions inside that framework sustainability initiative from 2017 makes you the proudest one was the expansion of our healthy living wellness initiative in our company and that expansion where we’ve taken on an aspiration of eliminating lifestyle induce disease I t nk has the possibility ten years from now for us to look back and say in 2017 when we expanded and amplified the work in that area we changed the lives of our employees their families and potentially the communities forever in a very positive way and improve their quality of life so I t nk that’s one that we will see years from now is being transformational the other one is that we did some very interesting work in to creata new certification working with a t rd-party certification agency for products that are made exclusively a hundred percent with wind power electricity and reduce embodied carbon and I t nk that in my hope is that that will be transformational in the sense of creating a market pull for climate action these rankings rely heavily on corporate transparency we can’t measure performance as you know without seeing what’s happening 3. can you tell us about how transparency has improved your corporate sustainability performance at Owens Corningoh it gives you an opportunity to candidly look at your company look at your performance to be exposed in putting that in front of the world and that’s I t nk the the magic inside corporate transparency and sustainability reporting is it provides an opportunity for us to really understand and make a difference for for our customers for our employees for the communities for our investors they’re often trade-offs with with the financial costs upfront of getting started but we often argue that the sustainability program s on the financial return side as well 4. do you have specific examples or metrics that you use to show the financial benefit of robust sustainability programyeah one of the questions that that we often get asked is what is the financial return of your sustainability program and I would tell you that for me that’s actually the magic of corporate sustainability and a for-profit company is that there’s an expectation of producing financial strength w le trying to drive an environmental or a social agenda and w le it may be sort of counterintuitive that when you createadditional constraints on a problem you actually increase the creativity of the folks trying to solve that problem so when we layer on an expectation of financial results or financial performance to some environmental program that we’re trying to institute that there may be like a reduction in carbon emissions from our operation or a social program that might be like our wellness program when we layer on that requirement of financial impact we tend to get very much more creative solutions because of that 5. what do you have planned for 2018yeah so 2018 as we do every year is a very full agenda we’ve got some very exciting t ngs that we’re working on on safety our continuous drive to zero injuries in our company on wellness our aspiration to eliminate life and lifestyle induced disease so we’ve got a lot of work going on tobacco cessation programs elevated nutrition so a host of activities in in our wellness arena in the community area we’re trying to get to a hundred percent of our facilities being actively engaged in their communities in a very formal way to advance the community’s goals at the same time as advancing our company goals we’re working to continue to drive down the environmental footprint of our operations and we’re working to increase the sustainability attributes of our products so that we can createa market pull for sustainability and in our products and therefore in our operations and working with our customers and our suppliers up and down the supply chain to them meet their sustainability goals w le at the same time meeting our sustainability goals would you say is one t ng that people don’t know about Owens Corning corporate responsibility and sustainability program one of the t ngs that people don’t know I t nk about our corporate sustainability program is kind of the the depth of what we’re doing our CEO Mike Feynman constantly reminds us to not fly too close to the Sun and I t nk as a result we have a sort of corporate behavior of wanting other people to talk about us more than we talk about ourselves and as a result it’s quite common for a new employee to Joe join Owens Corning and after being with us for two or three weeks they’ll tell us that they’re you know quite amazed at the work that we’re doing in the area of sustainability that they weren’t able to see from our external reporting or from our website 6. fun word to describe what it means to you to be on to be number three on the 100 best corporate citizens listwhen I look at one word to describe how I feel about being on the CR magazine top 100 and in fact to be number three on that list is handprint and I say that because being on a list like t s that is solely so reputable it draws other people to us to understand what we’re doing how we’re doing it and it gives us an opportunity to to teach to collaborate to learn in a way that we might not otherwise have Industrial Engineering Operations Management BUSINESS 610
by | May 18, 2023 | Uncategorized
Synopsis: What principles drive organizations Which rank ghly as… S
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