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 GHG Emissions Data Preview

In 2023, Kingspan Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Kingspan Group has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Kingspan Group amounted to 233,303 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Kingspan Group decreased by 46.01%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Kingspan Group's Scope 1 Emissions Over Time

20202021202220230150 k300 k450 k600 ktCO2e+2%-24%-57%
  • Total Scope 1
  • Year-over-Year Change

What are Kingspan Group's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Kingspan Group were 147,637 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Kingspan Group reduced its Scope 1 emissions over time?

Since 2020, Kingspan Group's Scope 1 emissions have decreased by 66.22%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Kingspan Group's Scope 1 emissions decreased by 56.8%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Kingspan Group's Scope 2 emissions?

In 2023, Kingspan Group reported Scope 2 greenhouse gas (GHG) emissions of 31,045 tCOâ‚‚e using the market-based method, and 85,666 tCOâ‚‚e using the location-based method.

Has Kingspan Group reduced its Scope 2 emissions over time?

Since 2020, Kingspan Group's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 13.9%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Kingspan Group's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Kingspan Group 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Kingspan Group use for Scope 2 reporting?

In 2023, Kingspan Group reported its Scope 2 emissions using the market-based method and using the location-based method.

Kingspan Group's Scope 2 Emissions Over Time

2020202120222023025 k50 k75 k100 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Kingspan Group's Value Chain Emissions

In 2023, Kingspan Group reported 6,952,647 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Kingspan Group includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Kingspan Group's Scope 3 Emissions Over Time

202020212022202302.5 M5 M7.5 M10 MtCO2e+12%-11%-13%
  • Total Scope 3
  • Year-over-Year Change

What are Kingspan Group's Scope 3 emissions?

In 2023, Kingspan Group reported total Scope 3 emissions of 6,952,647 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 98.01% of these emissions originated from upstream activities such as purchased goods and capital goods, while 1.99% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Kingspan Group reduced its Scope 3 emissions over time?

Since 2020, Kingspan Group's Scope 3 emissions have decreased by 13.36%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Kingspan Group's Scope 3 emissions decreased by 12.96%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does Kingspan Group disclose?

In 2023, Kingspan Group reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Kingspan Group's Scope 3 emissions?

In 2023, the largest contributors to Kingspan Group's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 6,260,711 tCOâ‚‚e (90.05%)
  • Upstream Transportation and Distribution (Cat. 4): 253,385 tCOâ‚‚e (3.64%)
  • Capital Goods (Cat. 2): 151,765 tCOâ‚‚e (2.18%)

Kingspan Group's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(2.2%)UpstreamTransportation andDistribution(Cat. 4)(3.6%)Purchased Goods andServices (Cat. 1)(90.0%)

Insights into Kingspan Group's Total Carbon Footprint

In 2023, Kingspan Group reported a total carbon footprint of 7,185,950 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 14.65% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Kingspan Group's total carbon footprint was Scope 3 emissions, accounting for 96.75% of the company's total carbon footprint, followed by Scope 1 emissions at 2.05%.

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