Kingfisher Plc · LSE:KGF
Kingfisher — ESG Presentation (June 2021)
29 slides from Kingfisher's sustainability presentation, June 2021
Slide 1: Responsible Business: Our Home, Our World
RESPONSIBLE BUSINESS Our Home, Our World June 2021
Slide 2: Welcome & agenda
Welcome & agenda Responsible Business update 1. Introduction ▪ About Kingfisher ▪ Responsible Business heritage ▪ Response to COVID-19 2. Responsible Business strategy and governance 3. Responsible Business performance ▪ Priorities (Colleagues, Planet, Customers, Community) ▪ Fundamentals 4. Appendi
Slide 3: About Kingfisher
Our stores About Kingfisher (at 31 January 2021) Kingfisher plc is an international home improvement company. Our retail banners include B&Q, Castorama, 80,000†* Brico Dépôt, Screwfix, TradePoint and Koçtaş. Colleagues We offer home improvement products and services to consumers and trade profession
Slide 4: Our Responsible Business highlights
Our Responsible Business highlights We’ve made great progress on our Responsible Business priorities ▪ New Board-approved ‘Inclusivity and Diversity’ strategy to create a fully inclusive and Colleagues diverse environment across our retail banners. ▪ Launched our first ever all-colleague share plan.
Slide 5: Our strategic direction and key strengths
Our strategic direction and key strengths Our strategic direction Kingfisher banners are not A clear vision to build We will ‘power’ these Simpler the same. This is a strength customer propositions banners as a Group and leaner Positioned for growth Access to attractive Top 2 position in all Collect
Slide 6: We have a strong heritage in Responsible Business
We have a strong heritage in Responsible Business 1993 2009 2010 2017 2020 2021 B&Q was a founding partner Brico Dépôt France Partnered with the Launched charitable 1.5˚C climate change of the Forest Stewardship Council® (FSC®) to help us began partnership Fondation Abbé & 2011 homeless and housing
Slide 7: Our response to COVID-19
Our response to COVID-19 Supporting our communities, colleagues and customers Playing our role in providing essential products in our key markets. Voluntarily closed stores in the UK and France for several weeks in March/April 2020 to protect colleagues and limit the spread of the virus. Supported l
Slide 8: Responsible Business strategy and governance
Responsible Business strategy and governance 8
Slide 9: Industry-leading reporting
Industry-leading reporting We use best practice standards to inform reporting and perform strongly in external benchmarks Frameworks and standards External benchmarks ▪ CDP Climate Change received a rating of A- ▪ Workforce Disclosure Initiative received a score of 66%, above the sector average of 6
Slide 10: Governance of Responsible Business
Governance of Responsible Business Responsible Business Company bonus Risk management Committee ESG measures ▪ Formed in 2020, the ▪ In 2020 and 2021, we have ▪ Significant risks are included committee is chaired by a included Responsible in our sustainability risk non-exec director (NED) and Busine
Slide 11: Revolving credit facility linked to Responsible Business targets
Revolving credit facility linked to Responsible Business targets ▪ In June 2021, Kingfisher entered into a “This revolving credit facility shows our £550m three-year revolving credit facility commitment to integrate our Responsible (RCF) agreement with a group of relationship banks. Business princip
Slide 12: Our four Responsible Business priorities
Our four Responsible Business priorities Colleagues Planet Customers Communities We will be a more We will be Forest We will help make We will fight to fix inclusive company Positive and help tackle greener, healthier bad housing climate change homes affordable Underpinned by our Responsible Busines
Slide 13: Responsible Business performance
Responsible Business performance 13
Slide 14: We are becoming a more inclusive company
We are becoming a more inclusive company Colleagues Targets Performance ▪ Inclusivity action plan for each of ▪ Created 4,800 new jobs in our our businesses in 2020/21. stores in the UK, France and ▪ Improve gender balance in Poland. management in 2020/21. ▪ Local and Group diversity and ▪ Provide f
Slide 15: Prioritising mental health during the pandemic
Prioritising mental health during the pandemic Colleagues – in action ▪ During the pandemic we took action to help colleagues look after their wellbeing and mental health whether they were working from home, stores or distribution centres. ▪ This has included providing resources with partners such a
Slide 16: We will be Forest Positive and help tackle climate change
We will be Forest Positive and help tackle climate change Planet Targets Performance ▪ Source 100% sustainable wood ▪ 81%* of wood and paper in and paper for our products and products is responsibly sourced catalogues by 2020/21. and 100% of catalogue paper. ▪ Become Forest Positive by ▪ Launched ne
Slide 17: Partnering with the Rainforest Alliance
Partnering with the Rainforest Alliance Creating more forests than we use – in action ▪ Founding member of ‘Forest Allies’, a new initiative with the Rainforest Alliance. ▪ We’ll be investing in projects that protect, restore and enable responsible management of tropical forests in key regions at mo
Slide 18: 'Greening' our buildings
‘Greening’ our buildings Tackling climate change – in action ▪ Making progress on reducing energy consumption in stores and distribution centres. ▪ We have now installed LED lighting in 91% of our stores. ▪ Invested in on-site renewables, including solar PV panels, biomass boilers and air source hea
Slide 19: We will help make greener, healthier homes affordable
We will help make greener, healthier homes affordable Customers Targets Performance ▪ 50% of sales to be from ▪ 42% of total Group sales help products that make customers’ make our customers’ homes homes greener and healthier by greener and healthier, this the end of 2020/21. generated £5.1 billion
Slide 20: Our Sustainable Home Product principles
Our Sustainable Home Product principles Customers – in action ▪ Finding a sustainable product shouldn’t be difficult or cost more. ▪ Our industry-leading Sustainable Home Product principles help us Connect to nature Health & wellbeing Live smarter improve the performance of our Helping wildlife in o
Slide 21: Energy efficiency – Kingfisher has an important role to play
Energy efficiency – Kingfisher has an important role to play Customers – in action ▪ In the UK and France (Kingfisher’s two largest markets), two-thirds of homes were built before 1980 and almost 75% of the building stock is deemed energy inefficient. ▪ Both countries have net zero commitments. This
Slide 22: We will fight to fix bad housing
We will fight to fix bad housing Communities Targets Performance ▪ Help more than one million ▪ Over 791,000 people have people whose housing needs benefited from our donations are greatest by 2025. since 2016/17. ▪ Target updated to reflect ▪ Made community investments strong performance, now to to
Slide 23: Working with strategic partners
Working with strategic partners Communities – in action ▪ We are working in partnership with leading national and local housing charities to fight to fix bad housing, including Shelter in the UK, Casa Iona in Romania and Fondation Abbé Pierre in France. ▪ Charitable foundations from our banners now
Slide 24: Our Responsible Business Fundamentals (1/2)
Our Responsible Business Fundamentals (1/2) The areas we must address to ensure we are a Responsible Business Fundamentals Performance ▪ We have Group health and safety management standards to ensure we take a Safety at work consistent approach to occupational health and safety management across our
Slide 25: Our Responsible Business Fundamentals (2/2)
Our Responsible Business Fundamentals (2/2) The areas we must address to ensure we are a Responsible Business Fundamentals Performance ▪ Our recycling rate was 69% and we diverted 85% of waste from landfill. Waste and recycling ▪ We are also helping customers to reduce, reuse and recycle by introduc
Slide 26: Cyber security and data protection
Cyber security and data protection We have robust processes and controls to protect data and our business operations ▪ Cyber-attacks and data breaches are a growing risk to all businesses. We are very mindful of these risks and have designed processes and controls to protect the data entrusted to us
Slide 27: Appendix
Appendix 27
Slide 28: Stakeholder interest
Material issues Colleagues Planet Customers Communities Fundamentals Climate change Product sustainability ▪ Our materiality assessment Wood and helps us to identify our most Human rights forestry important Responsible Chemicals Packaging Wellbeing, Business issues, risks and and plastics Supply cha
Slide 29: Read more / Contacts
Read more Our Responsible Business website www.kingfisher.com/responsible-business Annual Report and Accounts www.kingfisher.com/annualreport Our Responsible Business Report www.kingfisher.com/responsible-business-report Our performance data appendix www.kingfisher.com/dataappendix Our data collecti