Daily CSR
Daily CSR

Daily CSR

Daily news about corporate social responsibility, ethics and sustainability


Kingfisher’s Sustainability Report For 2016



06/30/2017

Kingfisher attempts to make sustainability easy for the customers.


Dailycsr.com – 30 June 2017 – Kingfisher wants to turn sustainability into “easy” choices for the customers. As a result, Kingfisher strives to achieve the same in “everything”, whereby setting its agenda to help in hitting their target of creating “good homes by making home improvement accessible for everyone”.
 
According to Ethical Performance:
“Over the last year, they’ve been working hard to embed sustainability into internal practices and processes, investing in bright ideas and new ways of working. From head office to the shop floor, their aim is to make sure that sustainability becomes a part of everyday life at Kingfisher”.
 
In the year of 2012, with the launch of “Net Positive”, the company put forth “53 ambitious targets for 2020”, whereby a milestone to this road lies in the fiscal year of 2016-2017. Here is a list of key achievements of Kingfisher, as mentioned by Ethical Performance:
  • Over a quarter of sales come from sustainable home products, those which have a positive or much lower impact on people and the environment
  • 96% responsibly sourced wood and paper in their products
  • Customers have saved 12.8TWh of energy through sales of energy saving products and services – a potential saving of over £840 million
  • The business has cut its energy intensity by 16.5% and its property carbon intensity by 25% since 2010/11.
 
However, Ethical Performance report various changes that took place in the company since the year of 2012:
“Last year they announced a five-year transformation plan to become ONE Kingfisher, creating a unified company based on putting customer needs first, including unifying their sourcing operations and product ranges”.
 
While, the informing further, it adds:
“With this new ambition in mind, we are set to see Kingfisher publish an updated sustainability strategy in 2017, with targets that are more closely aligned with the needs of their customers and the business”.
 
 
References:
www.ethicalperformance.com