Proud to be part of the Kingspan family, recognised on the CDP A-List for its genuine and impactful actions towards environmental protection!
Kingspan, the global leader in high-performance insulation and building envelope solutions, has indeed been recognised for its commitment to environmental transparency and performance. The company has secured a coveted spot on the annual ‘A List’ published by CDP, a global environmental non-profit.
CDP assesses companies on behalf of over 740 financial institutions with assets totalling over US$136 trillion. Each year, thousands of companies disclose their environmental targets, performance, and impact to CDP, which then scores them from D- to A. To get on the A-List, a company needs a solid climate strategy, targets, and at least 4.2% annual emissions reductions.
Of the 21,000 companies scored by CDP, Kingspan was one of the 346 companies that made it to the 2023 CDP Climate Change A List. This recognition demonstrates Kingspan’s commitment to a net-zero emissions future through its 10-year Planet Passionate sustainability program.
Interestingly, only 10% of the companies disclosing to CDP, including Kingspan, have established renewable energy targets. Kingspan has already achieved a 26% absolute reduction in its scope 1 and 2 emissions since 2020 and aims to achieve net-zero carbon manufacturing by 2030.
The company’s climate ambition aligns with a 1.5⁰C trajectory and emphasizes emissions reduction over offsetting, with targets approved by the Science Based Targets initiative (SBTi). Kingspan’s position on the CDP A-List is a recognition of its dedication to its sustainability goals and its progress so far.
This achievement serves as a reminder that Kingspan is on the right path and that its strategy is working. The company is extremely proud of what it has achieved to date and is confident that its teams across the business will do their utmost to help play their role in the transition to a net-zero emissions built environment.
More information about Kingspan’s Planet Passionate program can be viewed here.