Progress Report

Offering sustainability attributes to customers

Carlyle Europe Partners IV, L.P.

Cupa Group’s history in Spain goes back to 1892, but the company is solidly in the 21st century. Historically a provider of 100% natural slate for roofing systems, Cupa has developed several new products that are characterized by a clear focus on reducing energy consumption and CO2 emissions. Carlyle’s acquisition of Cupa Group in 2016 enables the company to continue investing in expansion and new products, including those that respond to increasing customer expectations on sustainability performance of building materials.

For example, Cupa’s THERMOSLATE® unglazed solar thermal collectors made of natural slate delivers a unique system that generates renewable energy providing over two-thirds of a home’s domestic hot water and heating needs.

Energy efficiency advantages also extend to the company’s CUPACLAD® systems, which enable the construction of efficient, sustainable ventilated facades, and to STONEPANEL™, external thermal insulation for building walls.

Slate itself offers a range of more sustainable attributes. Independent international studies, such as one conducted by the University of Bath, highlight natural slate as the primary building material with the least negative effects on the physical environment. Slate is subject only to extraction and working processes and does not need any additional treatment. The simplicity of its production process, which does not need any artificial materials, furnaces or chemical products, makes it the sustainable alternative for any project.

The increasing need for high-quality buildings that meet sustainability criteria make Cupa Group well positioned in the roofing and cladding markets. In fact, in 2016, both the U.S. Green Building Council’s LEED v4 building certification program and the International Living Future Initiative’s Living Building Challenge (LBC) approved natural stone products such as slate to earn points for “responsible sourcing of materials.”

With the FDES certification of Cupa’s quarry in Portugal, as much as 75% of Cupa’s production is certified as eligible for sustainable building certifications. The Inies FDES certificate is the French national reference database for environmental and health data on construction products and equipment.