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Kingspan Group Approach to Sustainability Carbon Energy OUR VISION Carbon management is not only a part of our approach to contribute to sustainable development. Our business model focuses on providing high-performance products that help our customers reduce the environmental impacts of their buildings, and ultimately allow us to achieve our vision: to contribute to a net-zero carbon built environment. Mitigation Products 1. Minimise our environmental 2. Offer lower embodied carbon, < impacts across our value chain high performance solutions Lower embodied carbon Reduce embodied carbon raw materials of existing solutions while also bringing new Net-zero carbon operations innovative solutions to market at pace Procuring lower embodied carbon raw materials is a key part of our strategy as it will enable us to offer lower embodied carbon products to our customers and reduce our scope 3 emissions. We are also aiming to achieve net-zero carbon in our operations and have committed to a 90% absolute reduction in scope 1 & 2 GHG emissions by 2030. Investing in R&D is a fundamental aspect of our business model (€40.9m in 2021) because it allows us to continue driving Kingspan’s position as market leader in energy and resource efficient solutions. We are actively working on a wide-range of projects that will deliver even more value to our customers’ emissions. 12
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Circularity Water Creating value for society VISION Contribute to a net-zero carbon built environment The construction and operation of buildings account for approximately 36% of global energy use and 39% of energy-related CO₂ emissions. Our vision is to contribute to a more sustainable, energy-efficient construction sector by bringing to market innovative, lower embodied carbon solutions. 2021 Impact 193 > Million tCO 2 e Estimated lifetime carbon savings of insulated systems sold in 2021. Kingspan Planet Passionate Report 2021 2
