Kingfisher unveils carbon reduction targets
In the last four years, the business has cut operational carbon emissions by 27%
Kingfisher has announced its new carbon reduction targets, which are consistent with reductions needed to keep global warming at 1.5°C.
Over the past four years, the business has successfully cut operational carbon emissions by 27%.
The group also formed a partnership with the Rainforest Alliance to “protect, restore and enable the responsible management of tropical forests” as part of its commitment to become Forest Positive by 2025.
Following these prior commitments, Kingfisher has now committed to reducing Scope 1 and 2 emissions from property and transport by around 38% in absolute terms by 2025, from 2016.
Furthermore, the B&Q owner has agreed to reduce Scope 3 emissions from the supply chain and customer use of products by 40% per £million of turnover by 2025, compared to 2017.
Thierry Garnier, the chief executive officer at Kingfisher, said: “Through the great work of all our teams, we met our previous science-based carbon reduction targets well ahead of schedule.
“We felt it was critical for us to take additional commitments by 2025 and have now committed to make the additional investments needed to meet these ambitious new targets.”
He added: “We are proud to join the small number of retailers who have set approved science-based targets in line with a 1.5°C scenario.”
