Potential offtaker

Armstrong World Industries, Inc.

www.armstrongceilings.com

Estimated electricity consumption

N/A

Countries of production presence

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Armstrong World Industries, Inc. is a global leader in the design and manufacture of innovative commercial and residential building products. The company is headquartered in Lancaster, Pennsylvania, and has operations in North America, Europe, and Asia. Armstrong World Industries, Inc. is committed to sustainability and decarbonisation, and has made significant investments in renewable energy and corporate energy initiatives.

Armstrong World Industries, Inc. operates in the Building Products sector, which includes manufacturers of construction materials, such as roofing, insulation, windows, doors, and flooring. The company's product portfolio includes ceilings, walls, and suspension systems for commercial and residential buildings. Armstrong World Industries, Inc. has a strong focus on sustainability and has set ambitious targets to reduce its carbon footprint and increase the use of renewable energy.

Decarbonisation is a key priority for Armstrong World Industries, Inc. The company has set a target to reduce its greenhouse gas emissions by 30% by 2030, compared to its 2016 baseline. To achieve this goal, the company is implementing a range of initiatives, including energy efficiency improvements, renewable energy investments, and the use of low-carbon materials. Armstrong World Industries, Inc. is also committed to reducing the carbon footprint of its supply chain and is working with suppliers to improve their sustainability performance.

Corporate energy is another area of focus for Armstrong World Industries, Inc. The company has implemented a range of energy efficiency measures across its operations, including the use of LED lighting, high-efficiency HVAC systems, and energy management systems. Armstrong World Industries, Inc. has also invested in renewable energy, including the installation of solar panels at its manufacturing facilities. The company has set a target to source 50% of its electricity from renewable sources by 2025.

Corporate Power Purchase Agreements (PPAs) are another way that Armstrong World Industries, Inc. is increasing its use of renewable energy. A corporate PPA is a long-term contract between a renewable energy developer and a company, where the company agrees to purchase a certain amount of renewable energy at a fixed price. Armstrong World Industries, Inc. has signed several corporate PPAs for wind and solar energy, which will provide the company with a stable and cost-effective source of renewable energy.

Renewable energy is a key part of Armstrong World Industries, Inc.'s sustainability strategy. The company has invested in renewable energy projects, including wind and solar, to reduce its carbon footprint and increase its use of clean energy. Armstrong World Industries, Inc. has also signed several corporate PPAs for renewable energy, which will help the company achieve its target of sourcing 50% of its electricity from renewable sources by 2025.

In conclusion, Armstrong World Industries, Inc. is a leading manufacturer of commercial and residential building products, with a strong focus on sustainability and decarbonisation. The company is committed to reducing its carbon footprint and increasing its use of renewable energy, through initiatives such as energy efficiency improvements, renewable energy investments, and corporate PPAs. Armstrong World Industries, Inc. is a leader in the Building Products sector, and its commitment to sustainability is setting a new standard for the industry.