Kingfisher PLC · LSE:KGF
Kingfisher — ESG Presentation (2023)
29 slides from Kingfisher's sustainability presentation, 2023
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Slide 2: Responsible Business update
Responsible Business update 1. Introduction ▪ Responsible Business highlights and heritage 2. Responsible Business strategy and governance ▪ Priority areas, governance structures and reporting 3. Responsible Business performance ▪ Priorities (Colleagues, Planet, Customers, Community) ▪ Fundamentals
Slide 3: Progress on our Responsible Business priorities
Progress on our Responsible Business priorities Category Targets Performance Colleagues Gender 35% women in senior leadership by FY25/26 25.8% of senior leaders are now women (FY21/22: 25.2%) Colleagues women in management by of managers are now women Gender 40% FY25/26 38.9% (FY21/22: 37.9%) of lea
Slide 4: 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 5: Responsible Business strategy and governance
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Slide 6: Our four key Responsible Business priorities
Our four key Responsible Business priorities Colleagues Planet Customers Communities We will be a more We will help tackle climate We will help make We will fight to fix inclusive company change and become greener, healthier bad housing Forest Positive homes affordable Underpinned by our Responsible
Slide 7: Societal & Environmental Impact
Material issues High impact material issues ▪ In FY22/23, we completed a full review of our materiality matrix and implemented the concept of double materiality, using two criteria when Sustainable assessing the issues: the importance to our Responsible Products stakeholders and the significance of
Slide 8: Governance of Responsible Business
Governance of Responsible Business Responsible Business Group Climate Executive remuneration Committee (RBC) of the Risk management Committee linked to ESG measures Board ▪ Formed in 2020, the ▪ Formed in 2022, the Group ▪ A new Remuneration ▪ Significant risks are committee is chaired by a Climate
Slide 9: Strong performance in external ESG benchmarks
Strong performance in external ESG benchmarks We use best practice standards to inform our industry-leading ESG reporting External benchmarks Frameworks and standards We received a rating of ‘A’ for CDP Climate Change We received a score of 81%, above the sector average of 66% for Workforce Disclosu
Slide 10: Launch of our Responsible Business Databook
Launch of our Responsible Business Databook ▪ To improve the accessibility of our data, we have launched our Responsible Business Databook for the first time this year. ▪ The Databook is an Excel document that includes tables showing our historic and current performance across our Responsible Busine
Slide 11: Responsible Business performance
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Slide 13: Colleagues Targets Performance
We will be a more inclusive company Colleagues Targets Performance ▪ Improve gender balance to 35% women in ▪ 25.8% of senior leaders and 38.9% of managers senior leadership and 40% women in are women (FY21/22: 25.2% and 37.9% management FY25/26. respectively). ▪ Provide five million hours of skills
Slide 14: Creating an agile and inclusive culture led by trust
Creating an agile and inclusive culture led by trust Colleagues – in action ▪ In FY22/23, our employee Net Promoter Score (eNPS) for colleagues’ willingness to recommend their workplace to others was 54, which is in the top 5% of global retailers. Each part of the business also developed local actio
Slide 15: Planet
Planet We will help tackle climate change and become Forest Positive
Slide 16: Planet Targets Performance
We will help tackle climate change and become Forest Positive Planet Targets Performance ▪ 100% responsibly sourced wood and paper ▪ Responsibly sourced 94.5% of wood and paper for our products and catalogues by FY25/26. used in products and 100% of catalogue paper in FY22/23. ▪ Become Forest Positi
Slide 17: Net Zero
We’re committed to reaching ‘net zero' emissions in our operations Tackling climate change – in action 2016–2021 2022–2025 2026–2030 2031–2035 2035–2040 2040 onwards Developed initial 2˚C Deliver 1.5˚C science- Trial and deployment Reach net zero Maintain net zero Complete property science-based tar
Slide 18: Launching local forest projects
Launching local forest projects Becoming Forest Positive – in action ▪ Castorama France has partnered with Reforest’Action to create an urban forest. We’ve helped plant a mixture of more than 1,000 local trees and shrubs as part of the project on the outskirts of our store in Marseille Saint-Loup –
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Slide 20: Customers Targets Performance
We will help make greener, healthier homes affordable Customers Targets Performance ▪ 60% of Group sales to be from our ▪ In FY22/23, £6.2 billion of sales, representing Sustainable Home Products (SHP) by 46.8% of Group sales (FY21/22: 44.1%) were FY25/26. This includes 70% of our own from SHP. excl
Slide 21: Enabling customers to be energy efficient
Enabling customers to be energy efficient Customers – in action ▪ In FY 22/23, we launched energy saving services in the UK and France to help households understand what they can do within their budget to make their home more efficient and affordable. ▪ Brico Dépôt France is working with installatio
Slide 22: Communities
Communities We will fight to fix bad housing
Slide 23: Communities Targets Performance
We will fight to fix bad housing Communities Targets Performance ▪ Help more than two million people whose ▪ In FY22/23, we invested £5.4 million in our housing needs are greatest by FY25/26. communities, and our colleagues and customers raised an additional £2.8 million. ▪ 2.1 million people suppor
Slide 24: Helping over two million people with housing needs
Helping over two million people with housing needs Communities – in action ▪ We have now surpassed our target to help two million people by FY25/26, three years ahead of schedule. ▪ Our banners support a range of local projects such as the Bricobus run by Compagnons Bâtisseurs in France helping peop
Slide 25: Supporting emergency relief efforts
Supporting emergency relief efforts UKRAINE CRISIS TURKEY AND SYRIA EARTHQUAKE Red Cross Volunteers meet with a refugee family from Ukraine to provide information and assistance at a train station in Slovakia. ©Marko Kokic/IFRC Rescue teams search for survivors in the ruins of a building in the Al-A
Slide 26: Our Responsible Business Fundamentals (1/2)
Our Responsible Business Fundamentals (1/2) Areas we continue to measure and manage to ensure we are a Responsible Business Fundamentals Performance ▪ Our Group Safety and Compliance Officer oversees our approach and is supported by Senior Management Safety Committees in each retail banner and a net
Slide 27: Our Responsible Business Fundamentals (2/2)
Our Responsible Business Fundamentals (2/2) 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 and Waste and France, these policy commitments are integrate
Slide 28: 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 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/responsiblebusiness-report Our performance data appendix www.kingfisher.com/dataappendix Our Responsible Bu