Owens Corning aspires to be a net positive company through strategic collaborations, intentional decision making, and effective corporate guidance.
Economic growth is central to a sustainable enterprise. We are committed to balancing economic growth with social progress and environmental stewardship to continue delivering sustainable solutions to our customers and stakeholders across the globe.
Owens Corning’s economic progress can be measured by its financial indicators and robust performance across each of its businesses. In 2015, we were able to show positive results and Owens Corning delivered an outstanding year. The company is at its best when all of its businesses make meaningful contributions to our financial results. All three businesses posted significant earnings growth for the year, and the company achieved record earnings growth. In addition to these business results, based on the strength exhibited across our portfolio and confidence in our market outlook, our Board of Directors declared a quarterly dividend of $0.18 per share, representing a 6% increase. Since the dividend was initiated 2 years ago, we've increased the payout by approximately 13%.
Our communities play an integral role in the success of Owens Corning. We define “communities” as the neighbors of our operating locations, our partner organizations and all other stakeholders. We are committed to improving the living standard of our communities. To achieve this goal, we encourage employee volunteer activities and provide cash and in-kind contributions.
We aspire to build market leading businesses; global in scope – human in scale. How we care about people is how we show we are a unique company; our employees are at the core of everything we do. We are building a diverse and creative workforce through training and development programs, learning opportunities, and incentives. We are committed to work-life balance and ensuring our employees are safe and healthy.
Owens Corning is a long-standing partner and supporter of Habitat for Humanity. Our partnership with Habitat for Humanity continues to help the company deliver on its purpose.