Kingspan honored for its Net Zero Energy initiative

DELAND, Fla., Feb. 06, 2018 (GLOBE NEWSWIRE) -- Kingspan Insulated Panels has been named a winner in the Smart Energy Decisions Innovation Awards. The company took the top prize in the commercial energy efficiency technology category for its Journey to Net Zero Energy project.

Kingspan has committed to become a Net Zero Energy (NZE) company by 2020 – that commitment applies to each of its 113 facilities worldwide. The company’s aggregate renewable energy use is currently 67 percent, putting Kingspan firmly on track to achieve its Net Zero Energy goal by 2020. The company’s eight North American facilities are currently 70.8 percent.

Kingspan follows three guiding principles for its NZE project:

• Save more energy: Kingspan’s energy efficiency measures have reduced the company’s overall lighting and heating costs by more than 30 percent and decreased carbon intensity levels by almost four-fold. Using Kingspan’s own products helped deliver these savings.
   
• Generate more renewable energy: Kingspan’s on-site renewable energy generation jumped from 6.6 GWh in 2012 to 32.2 GWh in 2016. On-site generation across multiple sites globally currently supplies 7.6 percent of the company’s total energy use, with more projects under construction.
   
• Buy more renewable energy: Kingspan works to ensure that renewable energy is procured from fully-certified sources when it is unable to be produced on-site. In 2016, all electricity used at North American manufacturing sites was procured from certified renewable sources. Globally in 2016, the Kingspan group used 164.4 GWh of renewable electricity, almost a six-fold increase from 2011 – equivalent to not burning 55 million tons of coal.

The judges said of Kingspan’s efforts: “The bold global plan and coordinated execution are worthy of emulating in other large enterprises. The results speak for themselves.”
 
“The effects of climate change that we’ve seen over the past year illustrate that it’s more important than ever for businesses to recognize and take responsibility for their impact on the environment,” said Brent Trenga, Director of Building Technology for Kingspan Insulated Panels. “We’re proud to be recognized for our dedication to sustainable business practices through our products, processes and people as we work together towards achieving our Net Zero Energy goal.”

Kingspan was also named to the Carbon Disclosure Project’s (CDP) Climate A list for the third consecutive year. The A List recognizes 160 corporations worldwide for their pioneering roles in acting on climate change, environmental impacts and building a new sustainable economy that works for both people and the planet.

For more information on Kingspan Insulated Panels North America, visit www.kingspan.com/us/en-us.

Media Contact
Frank Wolff
Uproar PR for Kingspan Insulated Panels North America
321-236-0102 x237
fwolff@uproarpr.com