Public Profile

Kingspan

Kingspan Group plc, headquartered in Ireland (IE), is a global leader in high-performance insulation and building envelope solutions. Founded in 1965, the company has established a strong presence across Europe, North America, and Asia, focusing on sustainable construction practices. Kingspan is renowned for its innovative products, including insulated panels, structural insulation, and energy-efficient building systems, which are designed to enhance energy performance and reduce carbon footprints. With a commitment to sustainability, Kingspan has achieved significant milestones, such as being a pioneer in the development of environmentally friendly insulation materials. The company holds a prominent market position, recognised for its contributions to energy efficiency and building performance. Kingspan's dedication to quality and innovation continues to set it apart in the construction industry, making it a trusted partner for architects, builders, and developers worldwide.

DitchCarbon Score

How does Kingspan's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

43

Industry Average

Mean score of companies in the Clay Construction Products industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

1

Industry Benchmark

Kingspan's score of 43 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.

99%

Kingspan's reported carbon emissions

In 2023, Kingspan Group Plc reported total carbon emissions of approximately 7,131,329,000 kg CO2e. This includes 9,706,000 kg CO2e from Scope 1 emissions and 7,891,000 kg CO2e from Scope 2 emissions, with the majority of emissions (approximately 6,952,647,000 kg CO2e) attributed to Scope 3 activities. Kingspan has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 90% by 2030, using 2020 as the baseline year. Additionally, the company targets a 42% reduction in absolute Scope 3 emissions, which encompass purchased goods and services, the use of sold products, and end-of-life treatment of sold products, within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to support global efforts to limit temperature rise to 1.5°C. Overall, Kingspan's proactive approach to reducing carbon emissions reflects its commitment to sustainability and climate responsibility, positioning the company as a leader in the building products sector.

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2020202120222023
Scope 1
437,072,000
000,000,000
00,000,000
0,000,000
Scope 2
78,741,000
00,000,000
00,000,000
00,000,000
Scope 3
8,024,833,000
0,000,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Kingspan's primary industry is Bricks, tiles and construction products, in baked clay, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Kingspan is headquartered in IE, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Kingspan is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers