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.
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.
Industry Benchmark
Kingspan's score of 73 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Kingspan's reported carbon emissions
In 2023, Kingspan Group, headquartered in Ireland (IE), reported total carbon emissions of approximately 7,131,329,000 kg CO2e. This figure includes 264,707,000 kg CO2e from Scope 1 emissions, 82,865,000 kg CO2e from Scope 2 emissions, and 7,684,446,000 kg CO2e from Scope 3 emissions. Kingspan has set ambitious climate commitments, aiming for a 90% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2030, using 2020 as the baseline year. Additionally, the company targets a 42% reduction in absolute Scope 3 emissions 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. The company is also committed to achieving net-zero carbon in its manufacturing operations by 2030. As part of its near-term initiatives, Kingspan plans to transition to zero-emission company cars by 2025. Overall, Kingspan's comprehensive approach to reducing carbon emissions reflects its dedication to sustainability and climate action within the building products sector.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 606,488,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 78,741,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 8,130,451,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions 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 participating in some of the initiatives that 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.
