Kingfisher accelerates action to tackle climate change

Kingfisher plc, the international home improvement retailer and owner of Screwfix and B&Q, has announced today it is committing to a new 2040 net zero target and an increased 60% Sustainable Home Products sales 2025 target. Kingfisher published today its annual Responsible Business Report, which shows that the business has made significant progress with its responsible business priorities during the financial year. Key 2021/22 achievements   24.5% reduction in carbon emissions across Kingfisher’s operations (scope 1 and 2) Over £5.8 billion (44.1%) in annual sales came from products that help…

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Kingfisher helps one million people across Europe with housing needs

Kingfisher plc, the international home improvement company which owns B&Q and Screwfix in the UK, has surpassed its original target to help one million people by helping to improve homes and supporting community projects across Europe. In 2016, Kingfisher set a target to help more than one million people with housing needs by 2025, as part of the Group’s commitment to fight to fix bad housing. Through charity partnerships Kingfisher and its retail banners have supported projects that range from helping families with home repairs, to renovations for rehousing projects…

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Kingfisher Announces New Planet and Community Responsible Business Commitments

Kingfisher plc, the international home improvement retailer which includes B&Q and Screwfix, has  announced a set of key new responsible business commitments and milestones. These are designed to help customers create greener, healthier homes, to fight to fix bad housing and to work to address climate change and inequality. The details are reported in Kingfisher’s latest Responsible Business Report, ‘Our Home, Our World’, which was published on the 15 June and shows that the business has made significant progress with its responsible business priorities during the 2020/21 year. Key highlights…

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Kingfisher signs new £550m revolving credit facility linked to Responsible Business targets

Kingfisher plc, the international home improvement retailer whose businesses include B&Q and Screwfix, announces today that it has entered into a £550m three-year revolving credit facility agreement with a group of its relationship banks. The facility is linked to ambitious sustainability and community-based targets. Kingfisher has a long heritage as a responsible business. We were a founding member of the Forest Stewardship Council when it was established nearly 30 years ago to help the responsible sourcing of wood. We were also the first retailer to label and cut VOCs (volatile…

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Kingfisher team up with Shelter to lead fundraising drive for emergency helpline

The coronavirus pandemic has exacerbated issues of unfit housing, according to a new study by Kingfisher plc, the international home improvement company that includes B&Q. The report finds that some 9.5 million people in the UK (or 18%) live with significant housing issues. Problems range from inadequate heating or insulation, to pests and overcrowding, with the three most common problems being cold, damp, and noise.  Of the 18% who say they live with significant housing issues, 74% say they have little or no control over the situation. This has been…

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