We have been working on Responsible Business issues for nearly three decades, pioneering new approaches, from the responsible sourcing of wood and paper, to innovative charitable partnerships and offering more sustainable products to our customers. Our Responsible Business priorities are underpinned by our commitment to our Fundamentals – the many issues and impacts we need to measure and manage to ensure we continue to operate responsibly across our business.
Our Responsible Business strategy focuses on the four priorities where we can best use our experience, scale and influence to bring about positive change in our business for our customers, supply chain, society and beyond.
Our priorities are underpinned by our commitment to our Responsible Business Fundamentals – the many issues and impacts we need to measure and manage to ensure we operate responsibly throughout our business value chain. We have clear policies in each of these areas, from health and safety, to responsible sourcing, cyber security and data protection, and ethical conduct, to ensure we take a consistent best practice approach across Kingfisher and our banners.
Every colleague should be able to do their job in a safe working environment. Our Group Safety and Compliance Risk Officer oversees our approach to health and safety, implementing policies and procedures to make sure we’re meeting high standards across the business.
We respect human rights and take steps to protect the rights of our employees, workers in our supply chain and others affected by our business activities. We check supplier compliance with our standards through ethical audits, targeting suppliers in the highest-risk countries, sectors and locations.
We want to design out waste from our operations, find new ways to reuse and recycle resources and help our customers to do the same.
We expect everyone working with us to carry out business on our behalf fairly and with complete integrity. We do not tolerate bribery or corruption.
Cyber-attacks and security incidents are a growing risk across the world. We have designed processes and controls to protect the data entrusted to us and our business operations.
Our core tax objectives are to pay the right amount of tax at the right time and to comply with all relevant tax legislation in all Group entities. We have a zero tolerance approach to tax evasion and the facilitation of tax evasion.
We interact with regulators and government officials in our markets and at EU level. We give our views on proposed legislation and inform the development of policies that will impact our business and the retail sector.
The Kingfisher Pension Scheme (KPS) manages the pensions of past and present UK employees. Reflecting our Responsible Business commitments, the KPS integrates responsible investment principles into its work and communicates with stakeholders on its approach to environmental, social and governance (ESG) issues.
We’ve embedded Responsible Business into our governance and management structures to enable progress against our goals and targets. Our new Responsible Business Committee (RBC), reporting to the plc Board, oversees delivery of our Responsible Business strategy.
Responsible Business challenges are often complex and systemic in nature. We partner with stakeholders to progress our work on Responsible Business issues and encourage change beyond our business. Stakeholder views and feedback helps us to develop our approach and improve our communications.
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 our Responsible Business reporting.
We align with a number of external disclosure initiatives including CDP, the Workforce Disclosure Initiative (WDI), the Global Reporting Initiative (GRI), the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate Related Financial Disclosure (TCFD).
We support the UN Sustainable Development Goals that provide a framework for governments, business and civil society to work together to end poverty, fight inequality and stop climate change by 2030.
We have reviewed our progress and strategy against the UN Sustainable Development Goals and have identified the priority goals for our business.