ESG ACHIEVEMENTS AND GOALS
At Kingspan, we are united by our mission to accelerate a net-zero carbon future built environment with the wellbeing of people and planet at its heart
Kingspan recognises the need to deliver sustainable solutions in the fight against climate change and to minimise the carbon emitted due to the manufacture of our products. We have committed to science-based targets covering greenhouse gas emissions from company operations and value chain (scopes 1,2 and 3) that are consistent with reductions required to keep warming to 1.5°C.
Kingspan's Planet Passionate strategy has been identified and explained as one of Kingspan’s four core strategic pillars. The Planet Passionate strategy consists of 11 targets across four key areas: energy, carbon, circularity and water. The group’s progress against these targets will be reviewed and disclosed in Kingspan’s annual Planet Passionate report.
DOCUMENTS
ENVIRONMENTAL INDICATORS
| Indicator | Unit | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Scope 1 GHG emissions (CO2 eq) | Ton | 445,186 | ||
| Scope 2 GHG emissions (CO2 eq) | Ton | 97,707 | ||
| Scope 1 + 2 GHG emissions (CO2 eq) | Ton | 178,682 | 387,584 | 542,893 |
| Scope 3 GHG emissions (CO2 eq) | Ton | 7,131,329 | 7,286,049 | 8,638,363 |
| Total GHG emissions (CO2 eq) | Ton | 7,310,011 | 7,673,633 | 9,181,256 |
| Carbon footprint (total GHG emissions / enterprise value) | Ton / Million (EUR) | 442.76 | 658.52 | 444.3 |
| GHG intensity (total GHG emissions / revenue) | Ton / Million (EUR) | 903.52 | 920 | 1,413.15 |
| Total energy consumption | GWh | 933 | 832 | 767 |
| Share of non-renewable energy consumption and production | % | 65.9 | 66.3 | 70.2 |
| Energy intensity (total energy consumption / revenue) | MWh / Million (EUR) | 115.33 | 99.8 | 118.01 |
| Hazardous waste | Ton | 9,669 | 7,947 | |
| Ratio of non-recycled waste | % | 8 | 9 | 15 |
| Total water consumption | cubic meter | 805,700 | 673,000 | 558,181 |
| Water consumption ratio (Volume / Revenue) | cubic meter / Million (EUR) | 99.58 | 80.69 | 85.91 |
FINANCIAL INDICATORS
| Indicator | Unit | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Annual revenue | Thousand (EUR) | 8,090,600 | 8,340,900 | 6,497,000 |
| Enterprise value at fiscal year-end | Thousand (EUR) | 16,510,223 | 11,652,897 | 20,664,683 |
| Taxonomy-eligible turnover | % | 60 | 63 | |
| Taxonomy-aligned turnover | % | 52 | ||
| Taxonomy-eligible CapEx | % | 44 | 77 | |
| Taxonomy-aligned Capex | % | 40 | ||
| Taxonomy-eligible OpEx | % | 79 | 77 | |
| Taxonomy-aligned OpEx | % | 76 |
SCIENCE BASED TARGETS (SBTI)
The "SBTi Action" indicator distinguishes between data related to commitments (organisational pledges to develop and submit science-based target to the SBTi for validation within 24 months) and targets (science-based targets validated by the SBTi).
| Indicator | |
|---|---|
| SBTi Status | Target |