Kingspan Planet Passionate Report 2022 Carbon and energy - Introduction Climate change, including more frequent and acute extreme events, has adversely Climate change and energy Energy is closely linked with climate change, as non-renewable energy production greatly contributes to global warming. As a result, business model. Kingsp is structured around th delivery of a wide range energy and resource effi impacted nature, people’s energy must be a central focus of the lives, and infrastructure across the globe. These impacts and the resulting damages climate action agenda to achieve net-zero emissions by 2050. Even though so much depends on sustainable, accessible and affordable energy systems, current levels Concurrently, we conti increase energy efficien renewable energy and We are on a journey to not only impede the progress of ambition remain well below a net-zero from fossil fuels, while < to meet the Sustainable Development Goals (SDGs) but can also restrict efforts to emissions trajectory by 2050. Climate action urgency To prevent irreversible consequences and energy security and res fluctuations. We take our role seriou meet basic human needs. avert a climate catastrophe, immediate and against climate chang stronger action is needed across all sectors. impact we can have is Even though urgent action is needed to limit global temperature rise to 1.5°C above pre-industrial levels, set out in the Paris Achieving absolute emissions reductions must be the pillar of all mitigation efforts globally. decarbonisation of bot buildings around the w Agreement, the transition to a net-zero world has been delayed by a series of crises and conflicts, including the war in Ukraine and the COVID-19 pandemic. Governments and businesses that are recovering at a slower rate are more likely to scale back or avoid action; post COVID-19 recovery Buildings and construction are responsible for 39% of energy-related carbon dioxide (CO 2 ) emissions globally, a fact that highlights the importance of the sector in the transition to a net-zero emission pathway. 14 % measures often prioritise short-term stability over sustainable transition. In addition, the latest Nationally Determined Contributions (NDCs) fall short of the 1.5°C goal. Under the current trajectory, greenhouse gas emissions are projected to increase by almost 14% over the next decade. Our company mission is to help accelerate a net-zero emissions future built environment, with the wellbeing of people and planet at its heart. Climate change risks and opportunities are deeply embedded in our strategy, R&D investment, products, and Under the curren greenhouse gas e projected to incr 14% over the nex 16
Build your own flipbook