ANNUAL REVIEW SHOWCASES KNAUF INSULATION’S ACHIEVEMENTS IN A YEAR OF CHALLENGES

We are excited to announce the launch of our 2022 Annual Review ‘Insulation Matters’.

Dominique Bossan, CEO of Knauf Insulation Europe/Middle East/Asia and Member of the Knauf Group Management Committee, said: “There’s no doubt that 2022 has been a challenging year. However, once again, our people have risen to the challenge. What really makes our people unique is their commitment. Our 2022 Annual Review reflects this.

“Although our upcoming sustainability targets are quite ambitious, we’re committing to them and not shying away. We are moving in the right direction, increasing our resources to meet our new ambitious targets.”

2022 has also been a landmark year in our ambition to Deliver a Circular Economy, with the launch of our pioneering RESULATION recycling facility in Visé, Belgium.

Marc Bosmans, Group Sustainability Director for Knauf Insulation, said: “One of the highlights of the year has been the opening of our Glass Mineral Wool recycling facility, which is a major step forward to help us meet our commitment to take back 25% of customer waste from job sites, as part of our For a Better World strategy.”

NEWS HIGHLIGHTS WITHIN THIS YEAR’S ANNUAL REVIEW INCLUDE:

• Our new Group Chief Financial Officer Kristin Barthel talks about her experience in the role so far and the impact of the challenges of 2022 on Knauf Insulation and its customers.
• The announcement of a €135 million total investment to upgrade the existing site and build a second manufacturing line in Romania
• The groundbreaking of our new site in McGregor, Texas in North America, scheduled to open in 2024.
• Our progress on our journey to achieve our For A Better World sustainability goals.

‘FOR A BETTER WORLD’ HIGHLIGHTS INCLUDE:

CREATE BETTER BUILDINGS

How we are advocating For a Better World through building renovation and why global leaders should prioritise energy efficiency.

PUT PEOPLE FIRST

How we continued to achieve further safety improvements, while empowering our employees through diversity & inclusion initiatives and taking purposeful action within local communities.

ACHIEVE ZERO CARBON

How we’re stepping up initiatives to cut our embodied carbon by 15% by 2025 – we call it a Decarbonisation Revolution.

DELIVER A CIRCULAR ECONOMY

How our Heraklith Wood Wool Division managed to achieve their zero waste to landfill target – two years ahead of schedule.