Annual Report 2021

Strategic pillar:

Planet Passionate

Our new Jönköping

site hosts one of the

largest rooftop solar

arrays in Sweden

Planet Passionate is our 10 year global sustainability programme with a focus on three global issues:

Climate
change

Circularity in construction

Protecting the natural world

planet passionate icon

Our Planet Passionate Targets

Goals

Target year

2020

2021**

Change

2022 (forecast)

CARBON

– Net Zero Carbon Manufacturing – scope 1 & 21 GHG emissions (tCO2e)

 

2030

 

312,640*

 

299,077

 

-4.3%

 

287,000

– 50% reduction in product CO2e intensity from primary supply chain partners (%)

2030

0

0

–

0

– Zero emission company cars (annual replacement %)

2025

11

29

164%

30

ENERGY

– 60% direct renewable energy (%)

 

2030

 

19.5*

 

26.1

 

34%

 

28

– 20% on-site renewable energy
generation (%)

2030

4.9*

4.8

-2.0%

6

– Solar PV systems on all wholly owned facilities (%)

2030

21.7

28.4

31%

34

– Net Zero Energy (%)

2020

100

100

–

100

CIRCULARITY

– Zero company waste to landfill (tonnes)

 

2030

 

18,642*

 

16,294

 

-13%

 

15,000

– Recycle 1 billion PET bottles into our manufacturing processes (million bottles)

2025

573

843

47%

900

– QuadCore™️ products utilising recycled PET (% sites)

2025

5

5

–

15

WATER

– Harvest 100 million litres of rainwater (million litres)

 

2030

 

20.1*

 

20.6

 

2.5%

 

35

– Support 5 ocean clean-up projects (no. of projects)

2025

1

2

100%

3

2020 Underlying Business includes manufacturing & assembly sites within the Kingspan Group in 2020 plus their organic growth.
2021 Business includes all manufacturing & assembly sites within the Kingspan Group, including additions since 2020.
1: excluding biogenic emissions.
* Restated figures due to improved data collection methodologies.
** 2020 GHG emissions were recalculated due to structural changes that occurred in 2021 and to improved data collection methodologies.

 

 

 

 

The innovation and partner driven approach to achieving these goals will put us at the vanguard of high-performance and sustainable building envelope solutions.

 

 

Our Planet Passionate journey in 2021

In 2021 we further developed our detailed Planet Passionate roadmap including target specific strategies and timelines.

 

Key initiatives include the announcement of the introduction of an internal carbon charge of €70/tonne across the business by 2023 and creating a blueprint for zero carbon manufacturing.

Here are some more Planet Passionate Highlights:

CARBON

We believe in low carbon buildings in the operational phase and the upfront and construction phase.

 

  • The planned introduction of a €70/tonne internal carbon charge by 2023.
  • The opening of our new KoolthermⓇ site, Jönköping in Sweden, which will run on >95% renewable energy.
  • The installation of 33 new EV charging stations across the business and converting 29% of our replacement cars to zero emissions.
  • Significant engagement with our supply chain, including an investment in H2 Green Steel which has plans to produce almost zero carbon steel by 2024.

ENERGY

We are on a path to reach 60% direct use of renewable energy by 2030.

 

  • The new renewable energy projects that came online in 2021 will produce more than 4.55 GWh of energy annually.
  • We added 13 new rooftop solar-PV projects across our business.
  • We made significant progress with our energy suppliers, converting 36 electricity contracts to renewable electricity and a further 3 from LPG to bioLPG.

CIRCULARITY

We deliver circular solutions to enable a circular transition for the construction sector.

 

  • Kingspan Data & Flooring was awarded the prestigious Cradle to Cradle certification at Bronze level.
  • We recycled 65% of our waste in 2021 and invested in R&D to further improve the reutilisation of waste.
  • The incorporation of lifetime service, maintenance and an end-of-life take back scheme in our QuadCore™ warranty.

WATER

We treat water as a precious resource.

 

  • In 2021, we installed 7 rainwater harvesting systems across our business, adding 8.6 million litres to our capacity.
  • We harvested 20.6 million litres of rainwater during the year.
  • We announced a partnership with Seabin Project and we continue to support the removal of plastic waste from the Mediterranean each year through the ECOALF Foundation.

Kingspan grew out of a family business and those family values continue to shape how we think. 

In 2021, Kingspan announced its Planet Passionate Communities initiative

Kingspan launched its new Kingspan Communities initiative in November 2021.

Through it we strive to support people and communities around the world while promoting sustainable practices using responsibly sourced solutions.

By creating a local impact, we aspire to build a world that is powered by renewable energy, net-zero carbon, manages water sustainably, and protects the earth’s valuable resources by reducing, reusing and recycling.

A new global partnership with GOAL

On a global level, we have joined forces with GOAL, the international humanitarian response agency, to develop critical infrastructure with sustainability at its core, in healthcare and education.

 

In the first year of our partnership with GOAL, Kingspan and GOAL will join forces to build a new wing at a key hospital in Puerto Cortes, Honduras.

The project will be implemented by GOAL’s humanitarian support staff on the ground using Kingspan’s sustainable products and systems to build a new 24-bed ward for general care in the hospital.

The project will be implemented by GOAL’s staff on the ground using Kingspan’s sustainable products and systems to build a state-of-the-art, 24-bed ward for general care in the hospital.

 

The new wing will be named in memory of Sayri Molina, a GOAL member who sadly lost her life to the pandemic and will be remembered for her hard work and selfless commitment to GOAL.

That's our commitment to Planet Passionate. Now learn about our other strategic pillars:

INNOVATION COMPLETING THE ENVELOPE GLOBAL