B&Q parent company Kingfisher has rolled out new decarbonisation targets for vendors, as the retail giant looks to “tackle climate change”.
The move comes as the French retail giant looks to cut overall Scope 3 emissions.
The targets asks Kingfisher’s 100 biggest vendors (by Scope 3 emissions), to create a Science Based Targets initiative (SBTi) aligned roadmap and decarbonisation target by 2028.
It will ask the next 450 vendors to create an SBTi-aligned roadmap and decarbonisation target by 2030, while all remaining vendors will be required to set a climate reduction plan by 2030.
Kingfisher, whose brands include Screwfix, B&Q, Castorama, Brico Dépôt, TradePoint and Koçtaş, says it will work with its vendors to support their progress towards the targets, including sharing training and expertise.
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Kingfisher initially joined a global taskforce to tackle Scope 3 emissions last year.
Manufacture 2030, a cloud-based emissions data platform, will support vendors in understanding their emissions and building the necessary roadmaps to achieve their targets
Vendor manufacturing represents around a fifth of scope 3 emissions within Kingfisher, indicating its importance as Kingfisher looks to reduce its eco footprint.
Thierry Garnier, Kingfisher CEO, said: “Like most retailers, Scope 3 makes up the vast majority of our emissions, and to drive these down effectively we need the collaboration of our entire supply chain.
“The response from our vendor partners has been very positive and we are grateful for their support as we work towards our shared goal to help tackle climate change. By coming together as an industry to take on this critical challenge, we can forge a path towards a future that is low-emissions, positive for our businesses and our planet.”