AWI
Published on 05/22/2025 at 15:22
Building a Better Today for Tomorrow
2 0 2 5 | S U S T A I N A B I L I T Y R E P O R T
Progress Starts in the Spaces We Share
At Armstrong World Industries, we know the built environment can play a critical role in driving meaningful change. Every innovation we introduce, every connection we make, is part of our commitment to creating a more sustainable future-starting in the spaces where we live, work, learn, heal and play.
In 2024, we focused our efforts internally and externally to advance the operationalization of our sustainability goals, expand our sustainable solutions for customers and increase
our engagement with a range of stakeholders in the built environment, turning that vision into action and impact. Drawing on our decades of expertise to refine our processes, pilot new solutions and forge strategic partnerships, we're shaping smarter, healthier, more resilient spaces.
By raising awareness and providing innovative solutions for challenges such as energy efficiency, decarbonization and indoor environmental quality, we're improving the experience for our customers, employees and the communities we share.
This report demonstrates how we're implementing our strategy and showcases the meaningful progress we made throughout 2024. The stories within illustrate our commitment to operationalizing sustainability within our business operating rhythms. We're creating incredible momentum in imagining a better future. Now, together, we're building it.
Introduction
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5
6
7
8
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A Message From Our President and CEO
Leading Manufacturing Innovation for More Than 165 Years Our Products
About This Report
Our Sustainability Governance and Strategy Our Sustainability 2024 Highlights
Healthy and Circular Products
11 Goals and Targets
12 Our Approach
14 Sustainably Sourced Products
16 Circular Products
17 Reduced Carbon and Water Footprints
19 Design for the Environment
Healthy Planet
21 Goals and Targets
22 Our Approach
24 Reduced Carbon Footprint
26 Circular Systems
28 Protecting Water and Biodiversity
30 Environmental Compliance
Thriving People and Communities
32 Goals and Targets
33 Our Approach
34 Safe and Healthy Employees
37 Community Engagement
40 Diverse and Inclusive Workforce
Appendix
44 About This Data
45 Our Governance
47 2024 Performance Summary
51 GRI Content Index
60 SASB Index
62 IFRS S2 Index
TCFD Index
UN Global Compact Index
UN SDGs
A Message From
Our President and CEO
At Armstrong, we have a relentless focus on creating value for our many stakeholders. In 2024, this included delivering record-setting financial results with revenue growth of approximately 12%, operating income growth of 16%,
while facing muted market conditions. This achievement would not have been possible without the exceptional performance of our employees and their dedication to executing our growth strategy and fulfilling our corporate purpose of making a positive impact in the spaces where we live, work, learn, heal and play.
Rooted in our 165-year history, sustainability is a key component of our strategy for achieving consistent, profitable growth. Sustainability remains as relevant today as it has ever been because our customers value it in the solutions we provide. Currently, the effects of
climate change, such as extreme weather and wildfires are intensifying, and demand for energy due to the growing need for electricity to support advancements in artificial intelligence, cloud computing and data centers continues to increase. These demands are expected to further accelerate, placing additional strain on the planet's resources.
The built environment is at the center of these challenges, given that buildings consume 75% of the electricity
used each year in the U.S. and generate 40% of carbon emissions annually-the largest percentage of which
is related to the cooling and heating of buildings. We believe Armstrong, as a leader in the design, innovation and manufacture of interior and exterior products for commercial buildings, can play an important role in decarbonizing the built environment.
More than %
80
of our 2024 revenue came from products that contribute to credits for LEED® building certification.
In 2024, this included the expansion of our Templok®Energy Saving Ceilings product portfolio to offer building owners and operators an important tool to significantly reduce their energy costs and operational carbon emissions. We also introduced Ultima®Low Embodied Carbon ceiling panels. These ceiling products are made with carbon-sequestering biochar and are the lowest embodied carbon ceiling product available, giving customers another means of reducing the total carbon footprint of a building.
Combining these innovative new products with our expanding portfolio of SUSTAIN®products that are free from chemicals of concern, we are offering an industry-leading selection of solutions that support climate resilience. One measure of our impact is the sales we generate through products that contribute to one or more credits for LEED®building certification. In 2024, these sales accounted for more than 80% of our revenue. All of this underscores
how we're providing customers with choices to reduce their environmental impact while achieving operational efficiencies. This dual focus creates added value and long-term business growth opportunities for Armstrong. In addition to providing more details on these decarbonizing products, this report updates our progress on our 2030 goals of reducing our Scope 1 and 2 emissions.
A Message From
Our President and CEO (Continued)
In 2024, we also continued the advancement of our safety culture, talent growth and development, and community engagement. Our people are the heart of our success, and we are committed to putting safety at the forefront of everything we do. Our ongoing processes to assess and address safety risks in our operations while strengthening our safety culture have helped us maintain industry-leading safety metrics.
Throughout 2024, we celebrated some important safety milestones, including achieving the lowest total recordable injury rate within our Architectural Specialties plants since 2018 and more than 1 million hours of injury-free operations at our Marietta, Pennsylvania, mineral fiber plant.
Retaining and developing our talent remains a critical area for us as well. This has involved strengthening our approach to career conversations and providing ongoing development opportunities. As a result, we have meaningfully increased the percentage of employees who had career-development discussions in 2024 and vastly expanded the availability
of learning courses through online technologies. These actions-combined with our engaged Employee Resource
Groups, sponsorship of volunteer activities in our communities, and community giving by the Armstrong World Industries Foundation-are helping us foster a culture of growth and inclusion that we believe strengthens our enterprise and positions us for future success.
Armstrongʼs total recordable
injury rate for 2024 was
3x
better
than manufacturing industry average*
Once again, I thank you for your interest in our sustainability journey. We look forward to continuing to share our progress as we pursue our sustainability goals. In doing so, we are strengthening the resilience of our company and positioning
Armstrong for consistent, long-term value creation that benefits our customers, employees, communities and shareholders.
Sincerely,
Vic Grizzle
President and CEO
*0.83 total recordable injury rate vs. 2.8 manufacturing industry average. Manufacturing industry average based on 2023. U.S. Bureau of Labor Statistics data.
Leading Manufacturing Innovation for 165 Years
For the last 165 years, Armstrong World Industries, Inc. ("Armstrong," "AWI," "Company," also referred to as "We," "Our" and "Us") has been leading innovative manufacturing, with a focus on market-driven product development and sustainable operations. We do more than develop building products. Our solutions enable our customers to create spaces that elevate the human experience.
We create innovative architectural solutions using materials such as mineral fiber, fiberglass, felt, metal, translucents and wood to empower extraordinary design while supporting sustainability and well-being primarily across the sectors of education, office, healthcare, retail, hospitality and transportation. By focusing on the fundamental elements of indoor environmental quality (acoustics, air quality, lighting, thermal comfort and design) while ensuring external durability, we help customers create visually impactful, highly functional spaces designed for the people who use them.
Since our founding in 1860, our business practices have been rooted in corporate responsibility. With innovative, design-forward thinking and a deep commitment to quality, we are setting a higher standard for sustainable built environments. Our sustainability strategy is evident in every stage of our operations, from sourcing raw and recycled materials to manufacturing, shipping, distribution, installation and end-of-life processes.
A History of Innovation
1860
Founded as the Armstrong Cork Company in Pittsburgh, Pennsylvania, manufacturing bottle stoppers and cork insulation.
1890s
Incorporated in 1891 as one of the largest cork suppliers in the world. Thomas Armstrong turned a 65% scrap rate into a new product that absorbs sound, starting our history of
embracing the three Rs: reduce, reuse and recycle.
1920s
Expanded our product line from corks to include ceiling tiles
and wallboards. Introduced our first acoustic ceiling tile to reduce noise.
1963
Introduced suspended ceiling systems.
1970s
Introduced our mineral fiber ceiling tiles.
1993
Became a founding member of the U.S. Green Building Council.
1999
Launched the Ceilings Recycling Program, the first of its kind.
2016
Launched SUSTAIN®, the industry's first portfolio of high-performing, sustainable ceiling solutions. AWI and Armstrong Flooring, Inc. separated.
2020
Launched our 2030 Sustainability Goals and expanded Architectural Specialties portfolio with the acquisition of Arktura, Móz Designs, Inc. and TURF Design, Inc., specialty metal and felt solutions.
Thomas Armstrong
2021
In partnership with Gensler, opened the Living Lab, exploring ways our ceilings and walls can improve indoor environmental quality. Launched ProjectWorks®, our design and pre-construction service for designers and architects. Became a signatory to the UN Global Compact, with continued updates through Communication on Progress in 2022, 2023 and 2024.
2022
Initiated a relationship with Irving Consumer Products to divert 100% of its fiber by-product waste for use in our production. Validated our target of 30% reduction in absolute Scope 1 and 2 greenhouse gas (GHG) emissions, by the Science Based Targets initiative (SBTi). Recertified our WELL™Health-Safety Rating for three main buildings on our corporate campus.
2023
Launched the Ultima®Templok®ceiling panels, marking the first in a series of energy-saving solutions aimed at reducing carbon emissions in commercial buildings. Added 3D Revit®models to ProjectWorks®, providing detailed design renderings that help ensure material feasibility. Enhanced our architectural metal solutions with the acquisition of BŌK Modern.
2024
Expanded our capabilities with two key acquisitions: 3form and A. Zahner Company. Formed a strategic partnership with McKinstry to advance Overcast Innovations, focused on modular ceiling solutions. Introduced Ultima®LEC, the lowest embodied carbon mineral fiber acoustic ceiling panel available. Partnered with Integrated Environmental Solutions to integrate Templok®energy-saving ceilings into leading building performance modeling software.
Disclaimer
Armstrong World Industries Inc. published this content on May 22, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 22, 2025 at 19:21 UTC.