Kingfisher plc announces new 2025 carbon reduction targets, approved by the Science Based Targets initiative (SBTi)

Kingfisher plc, the international home improvement retailer whose businesses include B&Q and Screwfix, today announces ambitious new carbon reduction targets consistent with reductions required to keep global warming to 1.5°C, the most ambitious goal of the Paris Climate Agreement. The new targets have now been approved by the Science Based Targets initiative, and replace Kingfisher’s previous targets, which it met four years ahead of schedule. Kingfisher has committed to*: Reduce Scope 1 & 2 emissions from property and transport by c.38% in absolute terms by 2025, compared to 2016; and…

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Kingfisher plc becomes a founding member of the Rainforest Alliance ‘Forest Allies’ initiative

Kingfisher plc, the international home improvement company, which owns B&Q and Screwfix in the UK, has announced a partnership with the Rainforest Alliance through the Forest Allies initiative. As a founding member of Forest Allies, Kingfisher will support the Rainforest Alliance to protect, restore, and enable responsible management of tropical forests. Programmes will engage with local forest communities to build strong local economies, whilst also protecting the natural resources they depend upon. Working with the Rainforest Alliance and alongside other corporate partners, Kingfisher will support the implementation of Integrated Community…

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