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Installed Building Products Publishes 2025 Environmental, Social and Governance Report
IBPIBP(US:IBP) Businesswireยท2025-10-10 20:05

Core Viewpoint - Installed Building Products, Inc. (IBP) has released its 2025 Environmental, Social, and Governance (ESG) report, highlighting its commitment to sustainability, employee well-being, and community engagement while showcasing significant achievements over the past year [1][5]. Group 1: Company Growth and Commitment - Over the past decade, IBP has evolved from a regional leader to a national player in the building products industry, employing more than 10,000 individuals across over 250 locations [2]. - The company emphasizes a culture of integrity, which influences its interactions with employees, customers, and environmental stewardship [3]. Group 2: Environmental Initiatives - IBP has made substantial progress in reducing its carbon footprint, achieving an approximate 89% reduction in CO2 emissions from spray foam applications compared to the 2020 baseline [7]. - The company has increased its energy usage from carbon-free electricity supplies to about 38% of its total energy consumption [7]. - Approximately 64% of IBP's 2024 revenue is derived from services related to energy-saving insulation [4]. Group 3: Community Engagement and Philanthropy - Since 2019, IBP has granted $340,000 to employees in need and contributed over $4.3 million to nonprofit organizations, bringing its total philanthropic impact to over $14 million [7][8]. - The introduction of the Jay Elliott Building for Tomorrow Scholarship, a $10,000 annual award, honors the legacy of a former leader and supports employees or their family members pursuing higher education [3][7]. - The company commits more than 1% of its annual EBITDA to support education, housing, and community resilience initiatives nationwide [8].