- Volatility in the macro environment (economic conditions, pandemics, political uncertainty, wars, interest rates, supply chain disruption)
- Potential for product failure
- Failure to innovate
- Climate change (regulatory changes, substitution risk, rising energy/carbon prices, physical risks)
- Business interruption (physical infrastructure, technology, raw materials, IT systems)
- Credit risks
- Talent development and retention
- Fraud and cybercrime
- Acquisition and integration of new businesses
- Health and safety
Kingspan Group plc
Greenhouse gas emissions & sustainability report data
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.
Renewable Energy
34.1%
of total energy
π Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2022-2023 | 10.6K tCO2e (2023) |
| 2021 | 17.1K tCO2e (Scope 1 & 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
β Reported Environmental Achievements
- 65% reduction in Scope 1 & 2 GHG emissions from a 2020 baseline
- Direct renewable energy usage increased to 34.1%
- Percentage of wholly owned sites with on-site solar PV systems increased to 49.6%
- Total rainwater harvested from manufacturing locations increased to 56.7 million litres
- Waste to landfill reduced by 33% since 2020
- Launched three lower embodied carbon (LEC) products
- Recycled 858 million PET bottles
π― Climate & Sustainability Targets
π Short-term
- Zero emission company cars (70% annual replacement by 2025)
- Recycle 1 billion PET bottles annually (by 2025)
- Support 5 ocean clean-up projects (by 2025)
π Medium-term
- Net Zero Carbon Manufacturing (by 2030)
- 60% direct renewable energy (by 2030)
- 20% on-site renewable energy generation (by 2030)
- Solar PV systems on all wholly owned sites (by 2030)
- Zero company waste to landfill (by 2030)
π Long-term
- 50% reduction in product CO2e intensity from primary supply partners (by 2030)
π± ESG Focus Areas
Climate ChangeCircularityProtection of Natural WorldPeopleDiversity & Inclusion