Kingspan
Kingspan Group plc, commonly known as Kingspan, is a leading global manufacturer headquartered in the United States, with significant operations across North America, Europe, and Asia. Founded in 1965, Kingspan has established itself in the building materials industry, specialising in high-performance insulation and building envelope solutions. The company’s core products include insulated panels, structural insulated panels, and advanced insulation materials, all designed to enhance energy efficiency and sustainability in construction. Kingspan's commitment to innovation and quality has positioned it as a market leader, recognised for its contributions to reducing carbon footprints in the built environment. With numerous awards and certifications, Kingspan continues to set benchmarks in energy performance and environmental responsibility, 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 Business Services 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 30 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Kingspan's reported carbon emissions
In 2022, Kingspan reported significant carbon emissions, totalling approximately 6,500,000,000 kg CO2e across all scopes. This includes Scope 1 emissions of about 340,406,000 kg CO2e, Scope 2 emissions of approximately 88,393,000 kg CO2e, and Scope 3 emissions, which were notably high at around 6,071,000,000 kg CO2e. The Scope 3 emissions breakdown reveals substantial contributions from purchased goods and services (about 6,288,115,000 kg CO2e) and the use of sold products (approximately 324,621,000 kg CO2e). Despite the extensive emissions data, Kingspan has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The company has reported a decreasing carbon intensity from 0.0896 in 2020 to 0.0411 in 2022, indicating a positive trend in emissions relative to revenue. However, without formal reduction commitments or targets, the long-term impact of these efforts remains unclear. Kingspan's climate commitments and strategies are essential in the context of the global push for sustainability and carbon neutrality, but further transparency regarding their reduction initiatives would enhance their credibility in addressing climate change.
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Add to project| 2022 | |
|---|---|
| Scope 1 | 340,406,000 |
| Scope 2 | 88,393,000 |
| Scope 3 | 7,286,049,000 |
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 not committed to any 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.
