Kingspan provides low energy building solutions including insulated panels, rigid insulation boards, architectural facades, raised access floors, engineered timber systems, sustainable water, and renewable energy solutions. The company operates through four segments: Insulated Panels, Insulation Boards, Environmental and Access Floors. Headquartered in Ireland, the company and its nearly 8,800 employees mainly operate in Europe and North America.
Kingspan is a global leader in high performance insulation and building energy solutions as it aims to be one of the most proactive companies in trying to combat climate change, as the company’s products are sustainable throughout their lifecycle and offer superior green building attributes. Committed to operational sustainability, Kingspan tracks its key performance indicators and has initiatives to improve each one. The company has made progress on its goals to reduce water usage and waste sent to landfill at each site, and more than half of its energy came from renewable resources in a recent year. Kingspan is committed to achieving Net-Zero Energy status by 2020. To manage the large environmental impact of Kingspan’s raw materials procurements, the company heavily engages its suppliers to encourage pursuing sustainability certifications and has developed an ethical procurement strategy to ensure alignment of standards. Kingspan and its employees are actively involved in fundraising and volunteering to support a wide range of local initiatives and charities, and the company has competitive career development plans for its workforce.
Kingspan has two women on its eleven person Board of Directors and its Key Management Team has no women.
To the best of our knowledge the above information is accurate and was obtained from sources we believe to be reliable. Neither the information presented above nor any opinion expressed shall be construed as an offer to sell or a solicitation to buy the security. The views expressed are those of portfolio management as of 12/31/16 and may not reflect current opinions or subsequent events.