Kingfisher surpasses carbon reduction goals and boosts sustainable sales

Kingfisher, the owner of DIY chain B&Q has announced that over £6.4 billion of group sales now come from Sustainable Home Products (SHPs), which is almost half of total sales.

The company also said that it had already exceeded its 2025/26 targets for carbon emissions reduction and reduced its Scope 1 and 2 carbon emissions by a significant 62 per cent since the 2016/17 baseline and beating its goal of a 37.8 per cent reduction.

In its latest Responsible Business report, the retailer outlined four priorities of inclusivity, climate action, making homes greener and healthier and supporting community housing needs.

Kingfisher said it has made significant progress towards its inclusivity goals. In 2023/24, women comprised 28.6 per cent of its senior leadership roles and 39.6 per cent of management positions. This is closer to the targets of 35 per cent and 40 per cent by 2025/2026.

Earlier this month, Kingfisher announced new targets for its vendors to drive decarbonisation efforts and reduce its substantial Scope 3 emissions. The firm set three levels of common targets for vendors based on their contribution to Kingfisher's Scope 3 footprint.

“Leading our industry in responsible business and energy efficiency is an important part of our ‘Powered by Kingfisher’ strategy,” said Kingfisher chief executive Thierry Garnier. “While we still have a journey ahead, I’m pleased that over the last year we have made strong progress on many of our targets.”

“This includes significant steps towards our ambition to reach net zero emissions in our operations by 2040, as well as further reductions in our Scope 3 emissions. Scope 3 is a critical challenge for all retailers, one which we are working to tackle through innovation and collaboration with vendors and the wider industry.”

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