Kingfisher Plc · LSE:KGF
Kingfisher — ESG Presentation (August 2022)
27 slides from Kingfisher's sustainability presentation, August 2022
Slide 1: Better Homes, Better World
Better Homes, Better World Kingfisher Responsible Business August 2022
Slide 2: Responsible Business update
Responsible Business update 1. Introduction ▪ Responsible Business highlights and heritage 2. Responsible Business strategy and governance 3. Responsible Business performance ▪ Priorities (Colleagues, Planet, Customers, Community) ▪ Fundamentals 4. Appendix ▪ Materiality assessment 2
Slide 3: We've made great progress on our Responsible Business priorities
We’ve made great progress on our Responsible Business priorities ▪ 37.7% of managers and 25.2% of senior leaders are women (FY 20/21: 36.1% and 23.2% respectively). Colleagues ▪ Each banner and Group function has an ‘Inclusivity Action Plan’, with targets that are linked to incentive plans. ▪ New ne
Slide 4: Committed to net-zero by 2040
Committed to net-zero by 2040 ▪ Our new target is to reach net-zero for our operations (scope 1 and 2) by the end of 2040. ▪ This means we will reduce absolute emissions by at least 90% against our 2016/17 baseline, and neutralise our residual emissions, in line with the requirements of the Science
Slide 5: We have a strong heritage in Responsible Business
We have a strong heritage in Responsible Business 1993 2010 & 2012 2018 2020 2022 Founding partner of the Forest Stewardship 2011 Net Positive strategy launched, committing First net-zero energy Screwfix outlet opened Powered by Kingfisher strategy launched, Published new net-zero 2040 target for ou
Slide 6: Responsible Business strategy and governance
Responsible Business strategy and governance 6 6
Slide 7: Our four key Responsible Business priorities
Our four key 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 Bus
Slide 8: Governance of Responsible Business
Governance of Responsible Business Responsible Business Group Climate Company bonus and Risk management Committee (RBC) of the Committee incentive ESG measures Board ▪ Formed in 2020, the ▪ Formed in 2022, the Group ▪ A new Remuneration ▪ Significant risks are committee is chaired by a Climate Commi
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 ▪ We received a rating of A- for CDP Climate Change ▪ We received a score of 71%, above the sector average of 68% for Workforce Discl
Slide 10: Responsible Business performance
Responsible Business performance 10
Slide 11: We will be a more inclusive company
We will be a more inclusive company Colleagues Targets Performance ▪ Improve gender balance to 35% women ▪ 37.7% of managers and 25.2% of in senior leadership and 40% women in senior leadership are now women management FY 25/26. (FY 20/21: 36.1% and 23.2% ▪ Provide five million hours of skills for l
Slide 12: Creating a diverse culture that inspires growth
Creating a diverse culture that inspires growth Colleagues – in action ▪ As part of our Group-wide Inclusion and Diversity strategy we are creating opportunities to develop more inclusive leaders, including carrying out over 2,500 hours of inclusive leadership training, creating platforms for divers
Slide 13: We will be Forest Positive and help tackle climate change
We will be Forest Positive and help tackle climate change Planet Targets Performance ▪ 100% responsibly sourced wood and ▪ Responsibly sourced 87.2% of wood paper for our products and catalogues and paper used in products and 100% by FY 25/26. of catalogue paper in FY 21/22. ▪ Founding member of the
Slide 14: Partnering with the Rainforest Alliance
Partnering with the Rainforest Alliance Creating more forests than we use – in action ▪ Forest and indigenous communities play a vital role in protecting forests around the world. If we are to restore forests, halt deforestation and forest degradation, we need to work in partnership with local peopl
Slide 15: Reducing our operational emissions
Reducing our operational emissions Tackling climate change – in action ▪ In FY 21/22, we reduced our carbon footprint for our own operations (scope 1 and 2 emissions) by 24.5%, against a FY 16/17 base year. ▪ Actions during the year included further roll out of LED lighting, converting a further 102
Slide 16: We will help make greener, healthier homes affordable
We will help make greener, healthier homes affordable Customers Targets Performance ▪ 60% of Group sales to be from our ▪ In FY 21/22, £5.8 billion of sales, Sustainable Home Products (SHP) by representing 44.1% of Group sales FY 25/26. This includes 70% of our own (FY 20/21: 42.2%) were from SHP. e
Slide 17: Helping customers recycle more
Helping customers recycle more Customers – in action ▪ Since 2015, Castorama France has been selling ‘Métisse’ insulation – an ordinary looking product, with a big sustainability story. ▪ Made from unwanted old clothes, Métisse is manufactured by Le Relais, a social enterprise, helping disadvantaged
Slide 18: We will fight to fix bad housing
We will fight to fix bad housing Communities Target Performance ▪ Help more than two million people ▪ In FY 21/22, we invested £4 million in whose housing needs are greatest by our communities, and our colleagues FY 25/26. and customers raised an additional £2.8 million. ▪ We reached over 800,000 pe
Slide 19: Helping two million people with housing needs
Helping two million people with housing needs Communities – in action ▪ Through charity partnerships, we have supported projects that range from helping families with home repairs, to renovations for rehousing projects and teaching people essential DIY skills. ▪ As a result, we have now surpassed ou
Slide 20: Supporting the relief efforts for Ukraine
Supporting the relief efforts for Ukraine Volunteers of the ‘Your camp’ in one of the villages in Chernivtsi By the end of April 2022, we had donated around £500,000 to help Raion, western Ukraine. ©UNHCR/Anton Fedorov organisations such as the International Red Cross and the United Nations High Com
Slide 21: Our Responsible Business Fundamentals (1/2)
Our Responsible Business Fundamentals (1/2) The areas we continue to measure and manage 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 man
Slide 22: Our Responsible Business Fundamentals (2/2)
Our Responsible Business Fundamentals (2/2) The areas we continue to measure and manage to ensure we are a Responsible Business Fundamentals Performance ▪ We are committed to achieving zero waste to landfill and increasing recycling. In the UK Waste and chemicals and France, these policy commitments
Slide 23: 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 24: Appendix
Appendix 24
Slide 25: 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 26: Material issues
Material issues ▪ Our materiality assessment helps us to identify our most important Responsible Business issues, risks and opportunities, taking into account business priorities and the views of our stakeholders. ▪ It informs how we focus our resources, and what information we choose to include in
Slide 27: 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/responsiblebusiness-report Our performance data appendix www.kingfisher.com/dataappendix Our data collectio