In 2024, Kingspan Group disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
Kingspan Group also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.
Additionally, Kingspan Group also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
Finally, Kingspan Group also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Kingspan Group's reliance on fossil fuels versus cleaner alternatives.
Metric (GJ) | 2024 | 2023 | 2022 | 2021 - 2017 |
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Total Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Non-renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, Kingspan Group consumed a total of 9.09 million Gigajoules of energy across its operations. Of this total, 59.46% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 40.54% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.
In 2024, Kingspan Group consumed a total of 9.09 million Gigajoules of energy, of which 59.46% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.
This moderate level of renewable energy adoption indicates that Kingspan Group is transitioning toward cleaner energy sources, though a significant share of its energy mix still relies on non-renewable inputs.
Since 2020, Kingspan Group's total energy consumption increased by 296.33%, including a 170.85% increase in 2024, reflecting a sustained rise in overall energy demand.
Over the same period, the share of renewable energy in Kingspan Group's consumption increased by 198.23%, including a 69.42% increase in 2024, showing consistent progress in clean energy adoption.
Overall, Kingspan Group has seen rising energy demand, but has also made strong and consistent progress in increasing its reliance on renewable energy—mitigating the environmental impact of its growing consumption.
In 2024, Kingspan Group disclosed detailed information on both the sources and generation technologies of its consumed and produced energy This disclosure enables a clearer assessment of the Kingspan Group's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.
In 2024, Kingspan Group's total energy consumption was primarily sourced from
In 2024, Kingspan Group consumed energy from 9 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source.
In 2024, Kingspan Group's energy production came primarily from
In 2024, Kingspan Group produced energy using 1 different sources or generation technologies. The energy production mix is highly concentrated, with Other Sources alone making up 100% of total output.
In 2024, Kingspan Group reported total energy inflows of 2.13 million Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 2.02 million Gigajoules purchased from external suppliers and 105,984 Gigajoules generated through internal production. This corresponds to a production share of 4.98%, reflecting a 232.16% percentage point decrease from the previous year (2023) and a 30.22% percentage point increase since 2020.
While Kingspan Group's production share has held steady over the longer term, the recent decline may signal the start of a shift toward greater dependence on external energy sources. Whether this is a strategic choice or a short-term fluctuation remains to be seen.