2021 Owens Corning Sustainability Report | Expanding Our Product Handprint | Supply Chain Sustainability | 133 SUPPLY CHAIN SUSTAINABILITY INITIATIVES Owens Corning has sought to establish clear expectations for our suppliers where sustainability issues are concerned, and we expect full compliance with our Supplier Code of Conduct. OC Sourcing Way The OC Sourcing Way was written to standardize the process of creating strategies in global sourcing. We are continuing to train new employees in global sourcing and working to make improvements to the process to meet the needs of our organization. Each category leader is responsible for establishing category strategies based upon the output of the Segmentation Tool, business objectives, market forecast, and more. The strategies may focus on creating dual sources, risk mitigation, innovation, or cost savings initiatives for the business. In our continuing efforts to reduce risk and bring top value in our supply chain, we have recently implemented Global Sourcing Bi-Annual Category Reviews. The purpose is to review each global strategy in its entirety with the Sourcing Leadership team. Keeping with the OC Sourcing Way, the agenda includes the category profile, industry analysis, supplier segmentation, supplier performance measurement, risk mitigation/contingency plan, value creation, and strategy plan and success measures. This review includes most collaborative and critical suppliers. The OC Sourcing Way intranet site houses a wide range of information, providing global sourcing members with the latest information on shared suppliers, such as evaluations, sustainability surveys, segmentation, and risk mitigation plans. Housing all processes in one location helps category leaders complete supplier performance reports, supplier segmentation, and more. Diverse Supplier Program Owens Corning’s Diverse Supplier Program creates strong business partnerships, strengthens economic development in the communities where we serve, and supports the viability of diverse businesses across all aspects of our supply chain. As we build relationships with businesses owned by minorities, women, veterans, the disabled, service-disabled veterans, LGBTQ+ people, and people from historically underutilized business zones (HUBZone), we can help foster an inclusive culture that increases our social handprint. To help facilitate the program, we have established a Diverse Sourcing Champion network to expedite diverse sourcing education and identify diverse spending opportunities. We have also developed internal tracking and reporting capabilities to measure progress. In addition, we have implemented useful tools for benchmarking, market research, and execution of inclusive sourcing practices in all businesses and categories, as well as communication tools for diverse suppliers. Supplier Awards Each year, Owens Corning celebrates our global suppliers with an annual two-day series of events that includes a business meeting and a fundraiser for the Owens Corning Foundation. Usually, the event brings hundreds of suppliers to Toledo for networking, planning, and fun and allows Owens Corning to reward our top suppliers for their partnership. This year, the event and awards were held virtually over the course of one day. Suppliers were invited to presentations that included business updates by our corporate leaders and open panel discussions. During the business meeting, suppliers learned about Owens Corning’s 2030 sustainability goals, including our inclusion and diversity goals, and how these pertained to our suppliers. There were dozens of nominations for the awards and nine finalists, and sustainability performance was a factor in determining winners. Three suppliers won the final award for Supplier of the Year. Photo submitted by: Olivia Kasle | Ann Arbor, Michigan, U.S. Magnolia flowers.