LONDON, 2014-12-5 — /EPR Retail News/ — The Building Public Trust Awards, now in their 12th year are run by PWC who appoint an independent panel of judges to review every FTSE100 sustainability report. Kingfisher’s was voted the best.
The judges commented on
- how they could see that sustainability impacts and touches Kingfisher business model and how that was reflected in the business strategy.
- The long-term view on the company’s direction which they’d like to see more of that from other businesses
- Kingfisher’s advanced understanding around closed loop and eco product innovation
- The Advisory Council and the Net Positive conversations the company has been holding with external stakeholders received a special mention, showing that Kingfisher is taking sustainability seriously.
Richard Gillies, Group Sustainabiity Director said: “We’re delighted to have won this award. At Kingfisher we help millions of people to improve their homes, creating better homes and better lives for themselves. We’re driving sustainability into the heart of our business at Kingfisher to show it isn’t a trade-off between commercial success and doing the right thing. It is more that our continued commercial success is dependent on us doing the right thing. We’ve spent two years working to breathe life into some pretty ambitious sustainability commitments. We’ve had some success and we’ve had some set-backs and it’s that journey we’ve really tried to lay out in our reported material. We know there’s still much more we can do to better tell our story, like better integrate Net Positive into our financial annual report which we have aspirations to do this year, but this award is genuinely great recognition for our reporting work to date and is very much appreciated.”
About Net Positive
In 2012, Kingfisher launched Net Positive, which it sees as a commitment to work towards making a positive contribution to people and the planet, while growing a stronger and more successful business. The Group publishes an annual report which sets out its Net Positive approach and reflects the work going on throughout its operating companies to help Kingfisher deliver against its ambitious sustainability commitments.