- Transitioning to electric vehicles (EVs) for fleet due to limited suitable options on the market.
- Managing climate-related risks, including those related to water stress in some facility locations.
Installed Building Products, Inc.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Installed Building Products, Inc. disclosed greenhouse gas emissions of 139.0K tCO2e (2023). By scope: Scope 1: 129.3K tCO2e (2023); Scope 2: 9.7K tCO2e (2023). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
139.0K tCO2e (2023)
2023
Renewable Energy
35% of electricity usage in 2023
of total energy
Water Usage
4.7 gallons per square foot (average for 50% of locations)
2023
Waste
Reduced by almost 50% through improved recycling
2023
Energy Use
24.3 million kWh (2023)
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 129.3K tCO2e (2023) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 9.7K tCO2e (2023) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 139.0K tCO2e (2023) |
| 2022 | 133.1K tCO2e/year (2022) |
| 2021 | 124.8K tCO2e/year (2021) |
| 2020 | 110.2K tCO2e (Scope 1 & 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Scope 1 and Scope 2 Greenhouse Gas (GHG) emissions decreased a combined 14.4% compared to the acquisition-updated 2020 baseline year.
- Scope 1 GHG emissions decreased 12.8%, or 17,800 metric CO2e, compared to the acquisition-updated 2020 baseline.
- Fugitive emissions from blowing agents used in spray foam installations declined 18,299 metric CO2e compared to the adjusted 2020 baseline, a reduction of approximately 65%.
- Scope 2 GHG emissions decreased 37%, or 3,718 metric CO2e, compared to the acquisition-updated 2020 baseline.
- Carbon-producing electricity kWh per average square footage of facilities declined to 3.4 in 2023, compared to 5.5 in the 2020 baseline.
- Reduced landfill waste through increased recycling programs.
- Diverted over 120,000 metric tons of CO2 emissions from the atmosphere using recycled paper.
- Transitioned AFT manufacturing facility to carbon-free electricity supply.
🎯 Climate & Sustainability Targets
📅 Medium-term
- Reduce carbon-producing electricity usage by 50% from 2020 baseline by 2030
- Reduce market-based Scope 2 GHG emissions by 50% by 2030
- Reduce mobile combustion emissions by 50% from 2020 baseline by 2030
- Reduce Scope 1 GHG emissions by 50% by 2030
- Reduce HFC blowing agent used by 50% from 2020 baseline by 2030
🌱 ESG Focus Areas
Climate ChangeHuman CapitalPhilanthropy