other material
confidence high
sentiment positive
materiality 0.40
IBP publishes 2024 ESG report with 55% CO2 cut from spray foam, zero fatalities
Installed Building Products, Inc.
- CO2 emissions from spray foam decreased ~55% vs 2020 baseline despite 20% increase in spray foam volume.
- Diverted over 120,000 metric tons of CO2 via recycled paper; carbon-free electricity now >35% of total usage.
- Maintained zero fatalities; awarded over $1M in $5,000 renewable scholarships through Building for Tomorrow.
- Installed Building Products Foundation contributed over $2.5M in 2024; total philanthropic impact since 2019 over $10M.
- Company now has >11,000 employees and ~30% national residential insulation market share (vs 3,200 and 16% at 2014 IPO).