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 EU Taxonomy Data Preview

In 2024, Kingspan Group was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.

The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.

Kingspan Group has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Kingspan Group are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.

Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Turnover
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0000000
Total Taxonomy Eligible A Turnover
0000000
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0000000
Total Taxonomy Non-Eligible B Turnover
0000000
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0000000
Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Opex
0000000
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0000000
Total Taxonomy Eligible A Opex
0000000
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0000000
Total Taxonomy Non-Eligible B Opex
0000000
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0000000
Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Capex
0000000
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0000000
Total Taxonomy Eligible A Capex
0000000
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Total Taxonomy Non-Eligible B Capex
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This table provides a simplified preview of selected EU Taxonomy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Kingspan Group's Revenues from Sustainable Activities

In 2024, Kingspan Group reported EU Taxonomy-eligible revenues of EUR 5.14 billion, representing 60% of its total turnover. Of this amount, EUR 3.47 billion of Kingspan Group's revenues was classified as EU Taxonomy-aligned, indicating that 40% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).

How much of Kingspan Group's revenue is eligible under the EU Taxonomy?

In 2024, Kingspan Group reported that EUR 5.14 billion of its revenue was eligible under the EU Taxonomy, representing 60% of the company's total turnover. Of this amount, EUR 3.47 billion (40% of total revenue) was classified as Taxonomy-aligned. This means that 20% of Kingspan Group's revenue is eligible but not aligned, indicating that these activities did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards.

How much of Kingspan Group's eligible revenue is aligned with the EU Taxonomy?

In 2024, Kingspan Group reported that EUR 3.47 billion of its revenue was aligned under the EU Taxonomy, representing 40% of its total turnover.

This moderate level of alignment indicates that Kingspan Group has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.

Kingspan Group's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible BTurnover(40.0%)Total TaxonomyAligned A1 Turnover(40.0%)Total TaxonomyEligible but NotAligned A2 Turnover(20.0%)

Kingspan Group's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%10%20%30%40%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

How is Kingspan Group's taxonomy-aligned revenue distributed across the EU environmental objectives?

In 2024, Kingspan Group reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 40%
  • Climate Change Adaptation: 0%
  • Sustainable Use and Protection of Water and Marine Resources: 0%
  • Transition to a Circular Economy: 0%
  • Pollution Prevention and Control: 0%
  • Protection and restoration of biodiversity and ecosystems: 0%

How much revenue does Kingspan Group earn from selling climate-related solutions ?

In 2024, Kingspan Group reported that EUR 3.44 billion of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This accounted for 40% of the company's total revenue, indicating that Kingspan Group has a moderate focus on solutions that support climate action through its commercial activities.

Insights into Kingspan Group's CAPEX from Sustainable Activities

In 2024, Kingspan Group reported EU Taxonomy-eligible CAPEX of EUR 263.00 million, representing 72% of its total CAPEX. Of this amount, EUR 140.00 million of Kingspan Group's CAPEX was classified as EU Taxonomy-aligned, indicating that 38% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).

How much of Kingspan Group's capital expenditure (CAPEX) is eligible under the EU Taxonomy?

In 2024, Kingspan Group reported that EUR 263.00 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 72% of the company's total CAPEX. Of this amount, EUR 140.00 million (38% of total CAPEX) was classified as Taxonomy-aligned. This means that 34% of Kingspan Group's CAPEX is eligible but not aligned, indicating that these investments either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).

How much of Kingspan Group's eligible CAPEX is aligned with the EU Taxonomy?

In 2024, Kingspan Group reported that EUR 140.00 million of its CAPEX was aligned under the EU Taxonomy, representing 38% of its total capital investment.

This moderate level of alignment indicates that Kingspan Group is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.

Kingspan Group's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Capex(28.0%)Total TaxonomyAligned A1 Capex(38.0%)Total TaxonomyEligible but NotAligned A2 Capex(34.0%)

Kingspan Group's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%9.5%19%28.5%38%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

How is Kingspan Group's taxonomy-aligned CAPEX distributed across the EU environmental objectives?

In 2024, Kingspan Group reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 38%
  • Climate Change Adaptation: 0%
  • Sustainable Use and Protection of Water and Marine Resources: 0%
  • Transition to a Circular Economy: 0%
  • Pollution Prevention and Control: 0%
  • Protection and restoration of biodiversity and ecosystems: 0%

How much Kingspan Group is investing in climate-related solutions?

In 2024, Kingspan Group allocated EUR 139.08 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 38% of the company's total capital expenditure, indicating that Kingspan Group is moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.

Insights into Kingspan Group's OPEX from Sustainable Activities

In 2024, Kingspan Group reported EU Taxonomy-eligible OPEX of EUR 701.00 million, representing 51% of its total operating expenses (OPEX). Of this amount, EUR 565.00 million of Kingspan Group's OPEX was classified as EU Taxonomy-aligned, indicating that 41% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).

How much of Kingspan Group's operational expenditure (OPEX) is eligible under the EU Taxonomy?

In 2024, Kingspan Group reported that EUR 701.00 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 51% of the company's total OPEX. Of this amount, EUR 565.00 million (41% of total OPEX) was classified as Taxonomy-aligned. This means that 10% of Kingspan Group's OPEX is eligible but not aligned, indicating that these expenditures either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).

How much of Kingspan Group's eligible OPEX is aligned with the EU Taxonomy?

In 2024, Kingspan Group reported that EUR 565.00 million of its OPEX was aligned under the EU Taxonomy, representing 41% of its total operational expenditure.

This moderate level of alignment indicates that Kingspan Group is beginning to shift operational priorities toward greener practices, with room for deeper integration.

Kingspan Group's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Opex(49.0%)Total TaxonomyAligned A1 Opex(41.0%)Total TaxonomyEligible but NotAligned A2 Opex(10.0%)

Kingspan Group's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%15%30%45%60%% Taxonomy-Eligible opex
  • Total Taxonomy Aligned A1 Opex
  • Total Taxonomy Eligible but Not Aligned A2 Opex

How is Kingspan Group's taxonomy-aligned OPEX distributed across the EU environmental objectives?

In 2024, Kingspan Group reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 41%
  • Climate Change Adaptation: 0%
  • Sustainable Use and Protection of Water and Marine Resources: 0%
  • Transition to a Circular Economy: 0%
  • Pollution Prevention and Control: 0%
  • Protection and restoration of biodiversity and ecosystems: 0%

How much of Kingspan Group's operational budget supports climate-related solutions?

In 2024, Kingspan Group allocated EUR 559.65 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 41% of the company's total OPEX, indicating that Kingspan Group is moderately integrating climate considerations into its ongoing operations, with potential to scale up climate-aligned spending.

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