Kingspan Group PLC

Common Name
Kingspan Group
Country
Ireland
Sector
Industrials
Industry
Building Products & Equipment
Employees
24,802
Ticker
KRX
Exchange
IRISH STOCK EXCHANGE
Description
Kingspan Group plc is a leading provider of sustainable building materials, specifically known for its energy-efficient insulation panels and architectural products. The company focuses on innovative ...

Kingspan Group's Climate Target Data Preview

As of 2024, Kingspan Group has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets and 1 intensity-based target target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Kingspan Group ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Intensity-based Target*
Scope 3 - Purchased Goods and Services (Cat. 1)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Unspecified Product from Unspecified Activities
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a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Kingspan Group’s Climate Targets Data

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a. Kingspan Group's Sustainability Report 2024
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Insights into Kingspan Group's Greenhouse Gas Emissions Pathways

As of 2024, Kingspan Group has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

Does Kingspan Group have a target to reduce the emissions from its operations?

As of 2024, Kingspan Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Kingspan Group's most ambitious operational target is to reduce these emissions by 65% by 2030, compared to a baseline of 870,482 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020. a

As of 2024, Kingspan Group is ahead of schedule on its operational emissions reduction target, having achieved 94.14% of the planned reduction. a

Kingspan Group's Operational (Scope 1+2) Emissions Pathway

2020202420300250 k500 k750 k1 MBaselineCurrent (-61%)

Does Kingspan Group have a target to reduce the emissions from its value chain?

As of 2024, Kingspan Group has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 3 out of the 15 Scope 3 categories defined by the GHG Protocol. a

Kingspan Group's most ambitious value chain target is to reduce these emissions by 42% by 2030, compared to a baseline of 7,632,301 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020. a

As of 2024, Kingspan Group is on track to meet its value chain emissions reduction target, having achieved 37.43% of the planned reduction. a

Kingspan Group's Value Chain (Scope 3) Emissions Pathway

20202024203002 M4 M6 M8 MBaselineCurrent (-16%)Target 2030 (-42%)
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