Energy efficiency is key to reducing industrial carbon emissions. A report by the American Council for an Energy-Efficient Economy (ACEEE) noted
that “decarbonizing industry is particularly important, because emissions from U.S. industry are projected to grow more than those from any other end-use sector through 2050.” The ACEEE report pointed to energy efficiency as a primary strategy for reducing industrial emissions. Currently available efficiency measures can cut industrial emissions 15%, reduce costs, boost resilience and create jobs, according to the report.
Reducing use of fossil fuels takes a strong commitment to energy efficiency, including efforts to generate renewable energy, such as solar, wind, anaerobic digestion and hydro in our facilities. Our path to net zero energy status is generating results. Kingspan Group has seen a 77% reduction in carbon intensity across its operations and is benefiting from 34.5 GWh of energy generated on its own sites. We are 75% on track to net zero energy with a 35% reduction in energy cost. The total projected 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.
Global greenhouse gas emissions need to fall by 7.6%
each year over the next decade if the world is to get back on track towards the goal of limiting temperature rises to close to 1.5 degrees Celsius.
Aggressive carbon reduction targets in manufacturing can help reduce GHGs. At Kingspan, we are holistically and aggressively setting targets to reduce our carbon footprint, embedding sustainability into every aspect of our manufacturing process, and making the shift to renewable energy.
Through Planet Passionate – our game plan for impacting the global issues of climate change, circularity and protection of our natural world – we will continue to drive action on decarbonizing manufacturing.