GHG Emissions, Industrial  -  August 12, 2021

Kingspan Targets 90% Emissions Cut by 2030

Kingspan Group is targeting a 90% reduction in Scope 1 and 2 emissions by 2030 after validating its emissions reduction framework with the Science Based Targets initiative.

The Irish building materials company will also strive for a 42% reduction in its Scope 3 emissions during that same time frame, with all targets compared to 2020 levels.

The company originally was targeting a 10% reduction of Scope 1, 2 and 3 emissions between 2017 and 2025 but decided to ramp up its ambitions to reflect the growing size and scale of its business. The ambitious new targets are in line with the scale of reductions required to keep global warming below 1.5C from pre-industrial levels.

“Significantly reducing our carbon impact across our value chain by 2030 is not just business-critical, it’s planet-critical,” Bianca Wong, Kingspan’s global head of sustainability, said in a statement. “Our revised science-based targets reinforce our commitment to be an industry leader on climate action and will help to drive change throughout the business at the pace required.”

These new targets build on Kingspan’s previously announced goal to reach net-zero emissions in its manufacturing by 2030. This goal will be achieved through energy efficiency projects and the procurement of renewable energy, with projects focusing on 12 key areas involving carbon, water, energy, and circularity.