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 2024, 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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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Kingspan Group’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Kingspan Group’s data sources below and access millions more through our Disclosure Search.

a. Kingspan Group's Sustainability Report 2024
a. Kingspan Group's Sustainability Report 2024

Insights into Kingspan Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Kingspan Group amounted to 443,765 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). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Kingspan Group decreased by 5.4%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Kingspan Group's Scope 1 Emissions Over Time

202020212022202320240200 k400 k600 k800 ktCO2e-2%-25%-41%-14%
  • Total Scope 1
  • Year-over-Year Change

What are Kingspan Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Kingspan Group were 227,672 metric tons of CO₂ equivalent (tCO₂e). a

Has Kingspan Group reduced its Scope 1 emissions over time?

Since 2020, Kingspan Group's Scope 1 emissions have decreased by 62.46%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Kingspan Group's Scope 1 emissions decreased by 13.99%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Kingspan Group's Scope 2 emissions?

In 2024, Kingspan Group reported Scope 2 greenhouse gas (GHG) emissions of 110,165 tCO₂e using the market-based method and 216,093 tCO₂e using the location-based method. a

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 15.24%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2023), 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. a

What methodology does Kingspan Group use for Scope 2 reporting?

In 2024, Kingspan Group reported its Scope 2 emissions using the market-based method and using the location-based method. a

Kingspan Group's Scope 2 Emissions Over Time

20202021202220232024075 k150 k225 k300 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Kingspan Group's Value Chain Emissions

In 2024, Kingspan Group reported 6,990,923 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 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 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Kingspan Group's Scope 3 Emissions Over Time

2020202120222023202402.5 M5 M7.5 M10 MtCO2e+19%-12%-10%-9%
  • Total Scope 3
  • Year-over-Year Change

What are Kingspan Group's Scope 3 emissions?

In 2024, Kingspan Group reported total Scope 3 emissions of 6,990,923 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 99.18% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.82% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Kingspan Group reduced its Scope 3 emissions over time?

Since 2020, Kingspan Group's Scope 3 emissions have decreased by 14.02%, reflecting a declining long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2023), Kingspan Group's Scope 3 emissions remained relatively stable, indicating that Kingspan Group 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Kingspan Group disclose?

In 2024, Kingspan Group reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol. a

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 2024, the largest contributors to Kingspan Group's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 6,375,447 tCO₂e (91.2%)
  • Upstream Transportation and Distribution (Cat. 4): 222,506 tCO₂e (3.18%)
  • Fuel- and Energy-Related Services (Cat. 3): 139,579 tCO₂e (2%)

Kingspan Group's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(3.2%)Purchased Goods andServices (Cat. 1)(91.2%)Fuel- andEnergy-RelatedServices (Cat. 3)(2.0%)

Insights into Kingspan Group’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Kingspan Group reported Scope 1 greenhouse gas (GHG) emissions of 227,672 tCO₂e and total revenues of USD 8,958 millions. This translates into an emissions intensity of 25.42 tCO₂e per millions USD. a

Kingspan Group's Scope 1 Emissions Intensity Compared to Peers

2002,00050,0001,000,00020,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)BJohnson Controls InternationalYear: 2023Scope 1: 405,288 tCO2eRevenue: $M 22,331Scope 1 Intensity: 18.15 tCO2e/$MRockwoolYear: 2024Scope 1: 1,601,801 tCO2eRevenue: $M 29,940Scope 1 Intensity: 53.50 tCO2e/$MMascoYear: 2024Scope 1: 35,000 tCO2eRevenue: $M 7,828Scope 1 Intensity: 4.47 tCO2e/$MBBBNBMYear: 2023Scope 1: 3,371,400 tCO2eRevenue: $M 3,155Scope 1 Intensity: 1,068.43 tCO2e/$MLindab InternationalYear: 2024Scope 1: 6,808 tCO2eRevenue: $M 1,209Scope 1 Intensity: 5.63 tCO2e/$MTrane TechnologiesYear: 2024Scope 1: 204,962 tCO2eRevenue: $M 19,838Scope 1 Intensity: 10.33 tCO2e/$MBuilders FirstSourceYear: 2023Scope 1: 156,447 tCO2eRevenue: $M 17,097Scope 1 Intensity: 9.15 tCO2e/$MReliance WorldwideYear: 2024Scope 1: 3,725 tCO2eRevenue: $M 1,904Scope 1 Intensity: 1.96 tCO2e/$MFortune Brands InnovationsYear: 2024Scope 1: 20,924 tCO2eRevenue: $M 4,609Scope 1 Intensity: 4.54 tCO2e/$MGMSYear: 2024Scope 1: 104,515 tCO2eRevenue: $M 5,502Scope 1 Intensity: 19.00 tCO2e/$MAstralYear: 2024Scope 1: 4,778 tCO2eRevenue: $M 675Scope 1 Intensity: 7.08 tCO2e/$MSPX TechnologiesYear: 2023Scope 1: 11,440 tCO2eRevenue: $M 1,741Scope 1 Intensity: 6.57 tCO2e/$MRecticelYear: 2024Scope 1: 4,332 tCO2eRevenue: $M 635Scope 1 Intensity: 6.82 tCO2e/$MBlue StarYear: 2025Scope 1: 2,720 tCO2eRevenue: $M 1,387Scope 1 Intensity: 1.96 tCO2e/$MTOTOYear: 2023Scope 1: 141,000 tCO2eRevenue: $M 5,264Scope 1 Intensity: 26.79 tCO2e/$MSupreme IndustriesYear: 2025Scope 1: 18,976 tCO2eRevenue: $M 1,212Scope 1 Intensity: 15.65 tCO2e/$MTarkettYear: 2024Scope 1: 92,083 tCO2eRevenue: $M 3,467Scope 1 Intensity: 26.56 tCO2e/$MGeberitYear: 2024Scope 1: 93,827 tCO2eRevenue: $M 3,407Scope 1 Intensity: 27.54 tCO2e/$MOwens CorningYear: 2024Scope 1: 1,662,166 tCO2eRevenue: $M 10,975Scope 1 Intensity: 151.45 tCO2e/$MRathbones GroupYear: 2023Scope 1: 584 tCO2eRevenue: $M 727Scope 1 Intensity: 0.80 tCO2e/$MDormakaba HoldingYear: 2024Scope 1: 29,520 tCO2eRevenue: $M 3,156Scope 1 Intensity: 9.35 tCO2e/$MNibe IndustrierYear: 2024Scope 1: 29,977 tCO2eRevenue: $M 3,677Scope 1 Intensity: 8.15 tCO2e/$MSystemairYear: 2025Scope 1: 7,026 tCO2eRevenue: $M 1,273Scope 1 Intensity: 5.52 tCO2e/$MGrupo RotoplasYear: 2023Scope 1: 16,282 tCO2eRevenue: $M 716Scope 1 Intensity: 22.74 tCO2e/$MKingspan GroupYear: 2024Scope 1: 227,672 tCO2eRevenue: $M 8,958Scope 1 Intensity: 25.42 tCO2e/$M

How does Kingspan Group's GHG emissions intensity compare to its peers?

In 2024, Kingspan Group reported a Scope 1 emissions intensity of 25.42 tCO₂e per millions USD. Compared to the peer group median of 9.25 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Kingspan Group rank on GHG emissions intensity within its industry?

In 2024, Kingspan Group ranked 19 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Kingspan Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Kingspan Group's Total Carbon Footprint

In 2024, Kingspan Group reported a total carbon footprint of 7,434,688 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.82% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Kingspan Group's total carbon footprint was Scope 3 emissions, accounting for 94.03% of the company's total carbon footprint, followed by Scope 1 emissions at 3.06%. a

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