Kingspan Sustainability Profile
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 89 is higher than 95% 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 2024, Kingspan Group plc reported total carbon emissions of approximately 7,328,760,000 kg CO2e, with Scope 1 emissions at about 227,672,000 kg CO2e, Scope 2 emissions (market-based) at approximately 110,165,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 6,990,923,000 kg CO2e. This represents a decrease from 2023, where total emissions were about 8,147,900,000 kg CO2e, with Scope 1 at 264,707,000 kg CO2e and Scope 2 at approximately 198,747,000 kg CO2e. Kingspan has set ambitious climate commitments, aiming for a 90% reduction in absolute Scope 1 and 2 GHG emissions by 2030 from a 2020 baseline. Additionally, the company targets a 42% reduction in absolute Scope 3 emissions within the same timeframe. By 2050, Kingspan aims to achieve net-zero greenhouse gas emissions across its entire value chain. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect Kingspan's commitment to sustainable practices in the building products sector. The company is also working towards zero-emission company cars by 2025 and has committed to achieving net-zero carbon manufacturing by 2030. These initiatives underscore Kingspan's proactive approach to reducing its carbon footprint and addressing climate change.
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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's Industry?
How Carbon Intensive is Kingspan's Location?
Kingspan's Scope 3 Categories Breakdown
Kingspan'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.
Top Scope 3 Categories
Kingspan'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 has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Kingspan's sustainability data and climate commitments