Green Bond Fact Sheet

Owens Corning issued a US$450 million green bond in August 2019 to fund renewable energy, energy efficiency, and recycled material programs. While noted as the first US industrial company to enter the green bond market, the issuance lacks a formal reporting commitment or certification.

• Owens Corning, a Fortune 500 manufacturer of composites and building materials, issued a US$450 million senior unsecured green bond on 12-08-2019 with a 10-year tenor maturing on 15-08-2029.
• The proceeds from the bond are designated for investments in wind and solar power generation, energy efficiency projects, and eco-efficient programs aimed at increasing the use of recycled materials in products.
• The Climate Bonds Initiative identifies Owens Corning as the first US industrial company to enter the green bond market, though it notes a lack of stated commitment to post-issuance reporting on achievements.

APA

Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-08%20US%20Owens%20Corning.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-08%20US%20Owens%20Corning.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=27 August 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-08%20US%20Owens%20Corning.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2019green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2019}, month = aug, url = {https://www.climatebonds.net/files/drupal-files/files/2019-08%20US%20Owens%20Corning.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }