Kingspan Stg GmbH Sustainability Profile
Kingspan Stg GmbH, a prominent subsidiary of the Kingspan Group, is headquartered in Germany and operates extensively across Europe. Founded in 1965, the company has established itself as a leader in the building materials industry, specialising in high-performance insulation and building envelope solutions. With a commitment to sustainability, Kingspan Stg GmbH offers a range of innovative products, including insulated panels, roofing systems, and energy-efficient solutions that enhance building performance. Their unique approach combines advanced technology with eco-friendly materials, setting them apart in a competitive market. Recognised for their contributions to energy efficiency and sustainable construction, Kingspan Stg GmbH continues to achieve significant milestones, reinforcing their position as a trusted partner in the construction sector. Their dedication to quality and innovation has earned them a reputation for excellence in delivering solutions that meet the evolving needs of the industry.
DitchCarbon Score
How does Kingspan Stg GmbH'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 Electrical Machinery Manufacturing 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 Stg GmbH's score of 95 is higher than 97% 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 Stg GmbH, headquartered in Germany, currently does not report specific carbon emissions data for the most recent year. As a current subsidiary of Kingspan Group plc, it inherits its climate commitments and initiatives from the parent company. Kingspan Group plc has set ambitious targets to reduce its carbon footprint, aligning with the Science Based Targets initiative (SBTi). While specific reduction targets for Kingspan Stg GmbH are not detailed, the overarching goals from Kingspan Group plc indicate a commitment to significant emissions reductions across its operations. The company is actively involved in various climate initiatives, including participation in the Carbon Disclosure Project (CDP) and the RE100 initiative, which focuses on sourcing 100% renewable energy. Additionally, Kingspan Group plc is part of the Race to Zero campaign, demonstrating its commitment to achieving net-zero emissions. As Kingspan Stg GmbH continues to align with its parent company's sustainability strategies, it remains focused on contributing to a more sustainable future through these inherited commitments and initiatives.
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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 | 263,994,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 8,130,451,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Kingspan Stg GmbH's Industry?
How Carbon Intensive is Kingspan Stg GmbH's Location?
Kingspan Stg GmbH's Scope 3 Categories Breakdown
Kingspan Stg GmbH's Scope 3 emissions, which decreased by 9% last year and decreased by approximately 14% since 2020, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 91% of Scope 3 emissions.
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Kingspan Stg GmbH's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Kingspan Stg GmbH has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
