Kingspan has been named as a global leader for its actions and strategies in response to climate change and awarded a position on the Climate “A” List by CDP. This is the fifth year that Kingspan has earned a top spot on the ‘A List’ by CDP (formerly the Carbon Disclosure Project) the charity that measures environmental impact of companies on behalf of 515 leading global investors representing US$106 trillion in assets.
CDP’s annual environmental disclosure and scoring process is widely recognised as the gold standard of corporate environmental transparency. The A List names the companies leading on environmental transparency and action, and recognises us as a corporate leader for sustainable practises.
Kingspan’s ongoing climate change focus is part of its Planet Passionate programme, an ambitious 10-year global sustainability strategy to significantly reduce our environmental footprint as we continue to grow our global business, further enhance the environmental performance of our products and to make a meaningful contribution towards the achievement of the UN Sustainable Development Goals.
As part of its journey, Kingspan Group has seen over a 90% reduction in energy carbon intensity across its operations, and is benefitting from 34 GWh of energy generated on its own sites. We are 90% on track to Net Zero Energy with a 35% reduction in light and heat costs. The total projected potential energy savings* over the lifetime of the Kingspan insulation systems sold worldwide in 2019 is equivalent to taking 79 million cars off the road annually.
Bianca Wong, Global Head of Sustainability at Kingspan, commented: