Kingfisher, the home improvement company, has published its Sustainability Report 2015/16 showing progress towards becoming a restorative Net Positive business.
Kingfisher’s ambition is to make home improvement accessible so that everyone can have a home they feel good about. It believes that a good home has to be sustainable - one that is healthy, resource smart, energy efficient and affordable to run.
The Report shows how Kingfisher is bringing customers the sustainable solutions they need to create good homes, while also benefiting its business, communities and the environment.
- Innovation – 28% of Kingfisher’s revenue is now driven from products that help customers create more sustainable homes, well on the way to its ambition of 50% by 2020.
- Energy – energy saving products and services have saved Kingfisher customers £750m in energy bills – enough to power every home in Paris for over a year. It has reduced its own energy intensity by 15% and opened its first energy positive store during 2015.
- Timber – 96% of timber used in Kingfisher products is now sustainably sourced and the business has launched a collaboration with RSPB and its Birdlife partners that will restore 100,000 hectares of over-logged tropical forest in Indonesia.
“Whilst customers are working within tight budgets, we know they care deeply about securing healthy, safe, durable and comfortable surroundings and want to be part of a vibrant community – because they’ve told us. Our challenge is to provide easy, affordable and sustainable solutions to help them realise these things. I want Kingfisher to be a truly sustainable company – both in its operation and its offering.”
Véronique Laury, Chief Executive Officer, Kingfisher
You can download Kingfisher’s Sustainability Report at www.kingfisher.com/sustainabilityreport.
Kingfisher plc is a home improvement company with over 1,100 stores and growing omnichannel operations across 10 countries in Europe.
Net Positive is Kingfisher’s long-term ambition for how it will help its customers to create sustainable homes, transform its business to be restorative to the environment, and improve life for the communities where it operates and in its supply chain. It has set 53 targets to help it progress towards its long-term goals.
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