Purpose: This project compares two foundation insulation materials: cellular plastic and cellular glass. Currently, cellular plastic is the most used material for foundation insulation. While cellular glass is not widely utilized. Its disadvantage lies in its higher cost, which makes contractors prefer the cheaper alternative, cellular plastic. Cellular glass exhibits exceptional properties, including its notable attributes of high load-bearing capacity and superior moisture resistance. The aim of this study is to demonstrate how material savings can be achieved by using cellular glass instead of cellular plastic in the load-bearing parts of the foundation. In addition to cost savings, the study also includes the analysis of carbon dioxide emissions during the production of these materials and specific heat losses through the material. Method: To facilitate understanding of the study, two different buildings were visualized: a two-story building and a seven-story building. The choice of different building sizes aimed to investigate how different loads on foundation insulation affect insulation material costs, carbon dioxide emissions, and the heating requirements of the buildings. Revit and AutoCAD were used for modelling and visualization. Flixo and manual calculations were employed for energy calculations, while manual calculations were used for structural calculations. One Click LCA Software was used to determine the carbon dioxide emissions for the different foundation insulation scenarios. Results: The study suggests that for buildings with lighter loads, cellular plastic is a cost-effective choice, while a hybrid insulation approach combining cellular glass and cellular plastic is the best option considering environmental factors. However, for buildings with higher loads, cellular glass outperforms cellular plastic both in terms of economics and the environment. Nonetheless, a combination of cellular glass and cellular plastic remains the most favourable choice among the three scenarios, as energy losses are approximately the same due to the similar thermal conductivity values of these materials. Conclusion: Hybrid insulation proves to be the most advantageous option in terms of both the environment and economics for both types of buildings studied: the two-story residential building and the seven-story residential building. By using cellular glass F for the load-bearing structures and cellular plastic EPS S60 for the ground slab, effective insulation is achieved. The use of cellular glass F results in material savings, such as cellular plastic XPS 700, which has half the load-bearing capacity of cellular glass F. Additionally, reducing the use of extra concrete for load-bearing foundation constructions decreases the load on the foundation insulation material.