Armstrong World Industries, Inc. announced Jan. 23 it has been named one of America’s Most Responsible Companies for 2023 by Newsweek magazine. AWI was ranked No. 76 out of 500 companies and No. 4 in the capital goods category, which included more than 40 companies.
“This prestigious award recognizes the progress we have made over the last several years to deepen our commitment to sustainability and make a positive difference in the spaces where we live, work, learn, heal and play,” said Vic Grizzle, chief executive officer and president of Armstrong World Industries. “For more than 160 years, we have built a strong, resilient company on a foundation of high ethical standards and good stewardship of our resources. I am proud of the work our teams are doing to create healthy and circular products, keep the planet healthy and enable thriving people and communities.”
This ranking is developed annually by Newsweek and Statista Inc., the world-leading statistics portal and industry ranking provider, and recognizes the top 500 most responsible companies in the United States, spanning 14 industries. Over 2,000 companies were evaluated using publicly available information from corporate social responsibility and sustainability reports, as well as an independent survey. Performance indicators focused on environmental, social and corporate governance areas, while the independent survey asked U.S. citizens about their perception of company activities related to corporate social responsibility.
The Newsweek listing comes on the heels of recognition from Corporate Register, which named Armstrong’s 2021 sustainability report, “Healthy Spaces,” Best First-Time Report among 74 global organizations.
Armstrong’s sustainability commitments are rooted in its heritage of sustainable business practices and corporate responsibility. In 2020, the company introduced a robust sustainability strategy based on three core pillars: People, Product and Planet, and in 2021, announced 2030 targets and goals. Progress to date includes diverting 212 million square feet of ceiling tile materials from landfill to advance their recycling goals; reducing Scope 1 and Scope 2 emissions by 5 percent from the 2019 baseline, with continued efforts to increase efficiencies within their operations; increasing investments in local communities by 53 percent from 2020 levels; and more.
To learn more about their sustainability efforts and progress, see the Armstrong World Industries 2022 Sustainability Report.
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