Kingfisher announces new 2025 carbon targets

Home improvement retailer Kingfisher, which owns B&Q and Screwfix, has announced new carbon reduction targets for 2025.

The new targets, which are consistent with reductions required to keep global warming to 1.5 degrees Celsius, have now been approved by the Science Based Targets initiative.

They replace the company’s previous targets, which it met four years ahead of schedule.

Kingfisher has committed to reduce Scope one and two emissions from property and transport by 38 per cent in absolute terms by 2025, compared to 2016, and reduce Scope three emissions from the supply chain and customer use of products by 40 per cent per million pounds of turnover by 2025, compared to 2017.

“Through the great work of all our teams, we met our previous science-based carbon reduction targets well ahead of schedule,” said Thierry Garnier, chief executive of Kingfisher. “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.

Garnier 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.”

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