other material
confidence high
sentiment positive
materiality 0.40
Installed Building Products publishes 2025 ESG report with CO2 reduction, scholarship milestones
Installed Building Products, Inc.
- Spray foam CO2 emissions decreased ~89% from 2020 baseline; industry phaseout of high-GHG materials expected by end of 2025.
- Carbon-free electricity now 38% of total usage; 64% of 2024 revenue from energy-saving insulation services.
- Over $14M in total philanthropic impact since 2019; $4.3M contributed in 2024 through IBP Foundation.
- 500th scholarship to be awarded this fall via IBP Foundation, surpassing $6M in total scholarships.
- Introduced Jay Elliott Building for Tomorrow Scholarship: $10,000 annual award for employee/family higher education.