Kingfisher announces bold new sustainability ambition
Published: 03 July, 2012
LONDON: In March 2012, Kingfisher announced a new sustainability ambition called Net Positive which is aimed at taking the business through to 2020 and beyond with a net positive impact on the world in which Kingfisher operates.
Becoming ‘Net Positive’ means that Kingfisher is committed to putting back more than it takes out as a business. It’s about doing more good, not just less harm. Kingfisher believes Net Positive can be a powerful business driver and deliver significant returns, particularly by securing increasingly scarce resources on which the business depends.
Kingfisher’s aspiration: to create more forest than it uses.
2011/12 progress: 86% of reported timber products sold (by volume) from proven well-managed or recycled sources.
Kingfisher’s aspiration: to make every home zero carbon or, where possible, a net energy producer.
2011/12 progress: In 2011, customers saved an estimated 2513 million kWh of energy through the use of energy-efficient products and services. This is equivalent to creating 130,898 energy-efficient homes.
Kingfisher’s aspiration: to ensure that every product is remade, recycled, reused or biodegradable.
2011/12 progress: A number of closed-loop research projects have been embarked on. B&Q UK is working closely with the Ellen MacArthur Foundation to understand ways to move towards a circular economy, building on its role as a founding corporate partner.
Kingfisher’s aspiration: for every store and location to support local community groups and equip people with skills.
2011/12 progress: Kingfisher is engaged in a wide range of initiatives to help build skills within local communities: from Brico Dépôt France providing DIY skills for unemployed people, to B&Q China helping modernise school libraries.