UNBOUNCE - EXAMPLE PAGE-REPORT-ENTERPRISE DOCUMENT-KINGSPAN - Flipbook - Page 31
STRATEGIC HIGHLIGHTS 2021
Innovation
PowerPanel™
PowerPanel™ is a fully
integrated, factory
manufactured, insulated
panel with solar PV. In 2021
we installed PowerPanel™
on its first pilot project
which will generate c.380
MWh of electricity annually.
Next Generation
Performance
Next generations of key
products continue to
progress. QuadCore™
2.0 is progressing and
in a coldstore application
the product reached a
120 minute fire rating,
which can match or
exceed synthetic mineral
fibre performance.
Natural Materials
We continue to evolve the
use of advanced materials
and significant progress has
been made on entering the
‘natural’ insulation market.
Planet Passionate
Expansion
Planet Passionate Report
In April we published
our inaugural Planet
Passionate Sustainability
Report, including
detailed insights to our
sustainability approach
and the significant steps
underway to help us
achieve our goals.
Industrial Insulation
During 2021 we announced
the acquisition of the
Logstor Group, a leading
global supplier of preinsulated pipe systems,
with a focus of improving
energy efficiency,
particularly to the district
heating market.
Science Based Targets
In June, our Scope 1, 2
and 3 emissions reduction
targets were approved by
the Science Based Targets
initiative as aligned with
a 1.5°C pathway.
Light & Air
2021 saw the opening
of our centre of excellence
for polycarbonate solutions
in Kingscourt. The facility
has the capacity to
manufacture daylighting
products which can
create 9 billion lumens
of natural light.
Low Carbon Panels
Working with our suppliers,
the team at IKON has
developed a low carbon
panel. Initial tests show
a carbon reduction of
up to 25%. Initiatives
like this and our founding
investment in H2 Green
Steel will continue to
put us at the vanguard
of high-performance,
lower embodied
carbon materials.
Kingspan Group plc Annual Report & Financial Statements 2021
Global
Organically we
commissioned 5 new
facilities in 2021 and we
significantly increased our
planned new facilities.
Inorganically we continued
to expand our global
reach such as our ongoing
expansion in insulation
board in North America
which has a significant
long-term conversion
opportunity.
Our Strategic Pillars