Absolute carbon emission reductions must be the goal for all of us. We’re proud to announce a 65% reduction in Scope 1 and 2 emissions since 2020 which is down to very hard work across the business in multiple areas. It may sound obvious, but the only way to achieve these significant reductions is to be very clear on where emissions lie so that we can target efforts accordingly. However Scope 3 emissions are our biggest source of emissions and are proving much more difficult to reduce, given our reliance on suppliers of raw materials to provide us lower carbon options. We are starting to see progress here which is very encouraging, and this is reflected in the three LEC (lower embodied carbon) products that we launched this year. There will be many more to come as we keep moving forward. Lots done, and lots to do!
As the climate change crisis intensifies, our mission to accelerate a net-zero emissions future built environment has never been more important. Reflecting on our journey to-date as we launch our fourth annual Planet Passionate sustainability report, we are incredibly proud of what our dedicated team achieved in 2023 and since the programme began. We have made considerable progress towards our climate-related targets since 2020 base year, including: 💠A 65% absolute reduction in scope 1 and 2 GHG emissions since 2020 (base year) [1] 💠A further 40% absolute reduction in scope 1 and 2 GHG emissions in 2023 alone [2] 💠Solar PV systems installed across 49.6% of all wholly-owned Kingspan sites 💠In 2023, we launched three lower embodied carbon solutions and introduced our first bio-based hemp insulation product, HemKor While we still have work to do, the unwavering commitment of our talented team will be critical in accelerating progress towards our net-zero ambitions as the Planet Passionate initiative enters its fifth year. Discover more highlights below and in our 2023 Planet Passionate report here ➡ https://lnkd.in/ejM7_gyA #PlanetPassionate #WeArePlanetPassionate #Kingspan #Decarbonisation #NetZeroBuiltEnvironment [1] Scope 1 and 2 GHG emissions. Excluding biogenic emissions. Scope 2 GHG emissions calculated using market-based methodology. [2] Scope 1 and 2 GHG emissions. Excluding biogenic emissions. Scope 2 GHG emissions calculated using market-based methodology.
Serial Entrepreneur & Technologist
7moFantastic achievement Siobhan.