kingfisher net positive webinar

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Kingfisher- Net Positive Network Webinar 1

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Page 1: Kingfisher  net positive webinar

Kingfisher- Net Positive

Network Webinar

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Page 2: Kingfisher  net positive webinar

webinar today

1. How this webinar will work

2. Introductions

3. Why should businesses strive to be restorative? (10

mins)

4. Kingfisher- Net Positive (25 mins)

5. Q+A (20 mins)

6. What’s next?

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Page 3: Kingfisher  net positive webinar

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Please send your

questions in

throughout the

webinar from the

question box. We will

try to get through as

many of your

questions as possible

throughout the hour

**don’t raise your

hand, type a question

Any problems email Kester at [email protected]

Page 4: Kingfisher  net positive webinar

who are we?

Zoe Le Grand

Senior Sustainability Advisor

Forum for the Future

Strategic sustainability advice provider and

restorative business enthusiast.

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Nick Folland

Group Corporate Affairs Director with

responsibility for leading Net Positive

Kingfisher

Net Positive devotee and committed cyclist

Page 5: Kingfisher  net positive webinar

some questions for you….

• How could your company have a net positive impact?

• What would be the main challenges?

• What impact would it have on your company, internally

and externally?

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Page 6: Kingfisher  net positive webinar

why should businesses seek to be restorative?

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pay back our environmental overdraft….

Page 7: Kingfisher  net positive webinar

to make matters worse…….

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Page 8: Kingfisher  net positive webinar

business response…

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Nothing

Neutral Positive

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leading business response…

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It’s good for the planet… but what’s in it for them?

• Mandate for radical innovation

• New relationships with customers

• Leadership

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Page 11: Kingfisher  net positive webinar

in summary…

• Need to pay off our existing environmental overdraft and

build up natural capital

• Natural resources will only become more constrained as

the population grows

• Most businesses won’t be doing anything

• Learn from your social sustainability approach and seek

to leave the environment better then when you found it

• It’ll pay off through radical innovations, new relationships

with customers and leadership

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Page 12: Kingfisher  net positive webinar

Net Positive

Nick Folland

Kingfisher Corporate Affairs

Director: Net Positive

Page 13: Kingfisher  net positive webinar
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Learning from the experts

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CREATING THE LEADER

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Responsibly sourced timber

Percentage of timber by volume sold from proven

well-managed forests or recycled sources

86% - Proportion of Group timber

50% - Proportion of Group FSC-certified timber

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Reducing Energy

• 21% - how much we’ve reduced our energy intensity in the past five years

• 60% - how much of our energy footprint comes from electricity (mainly lighting

stores)

• 1/3 - how much we’ve cut store energy consumption where LED lights introduced

• 2,513 Million KwH – amount of energy our customers saved in 2011 using our

products and services

• £10 Million - Kingfisher’s investment in our Future Homes business in 2011

Page 22: Kingfisher  net positive webinar

“Maybe in the future,

retailers like B&Q

won’t sell anything

anymore?”

Ian Cheshire,

Group CEO Kingfisher

Re-thinking and Innovation

Product / Design / Business models

• 20% - Proportion of Group

sales from products with

eco credentials in 2011

Page 23: Kingfisher  net positive webinar

Working with our communities

• £1.77 Million - Contributions to Community and charity projects made in 2011

• 29,000 - Hours spent by employees volunteering in their local communities in 2011

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Our Net Positive journey

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Dashboard

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TIMBER ENERGY INNOVATION COMMUNITIES

Net Positive Impact Measure for Timber Net Positive Impact Measure for Energy Net Positive Impact Measure for

Innovation

Net Positive Impact Measure for

Communities

100% responsibly sourced timber and

paper in all our operations

38 TWh of energy saved

for customers, equivalent to the energy

used in 2.3 million UK homes a year

Advice for all customers on energy saving

and eco products

All energy-using products to meet best

practice on energy

25% reduction in absolute carbon footprint

Marketing to promote sustainable

consumption

45% reduction in property energy intensity

50% reduction in property carbon intensity

1,000 products with closed-loop

credentials

10% sales from innovative (‘best in class’)

eco products and services

50% sales from products and services with

eco credentials

All ranges improve sustainability rating

Sustainability designed into own-brand

product ranges

Develop & launch alternative

business models

Eco criteria and learning for store

construction and refurbishment

Sustainability accounting to calculate the

full value of sustainability

4,000 local community

partnerships

100% responsibly sourced timber

FSC for all tropical hardwood

Strategic sourcing

Zero products linked

to tropical deforestation

KEY

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NP THRESHOLD

NE

T

PO

SIT

IVE

IMP

AC

T

2020

TA

RG

ET

F

OU

ND

AT

ION

S

Foundations in detail

0-25% 26-50% 51-75% 76-100%

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Sustainability integrated into performance

management

Sustainability development programme for

managers

Customer advisors trained

on sustainability advice

Employee engagement

on sustainability

Best practice on diversity and equality

20% reduction in employee accident rate

Customer and contractor health and safety

Employee engagement surveys for all

SUPPLIERS

& PARTNERS EMPLOYEES ENVIRONMENT

Zero waste to landfill

20% reduction in transport CO2

Indirect transport CO2 reductions

Green travel

Own water footprint

All water-using products to meet best practice on

water saving

Chemical policy adhered to

Sustainability for own-brand packaging

Construction timber 100% responsibly sourced

Construction waste reduced by 75%

Construction projects to enhance biodiversity

Peat reduction

All own-brand vendors to meet our ethical and

environmental standards

Carbon and water reduction for top 100 vendors

GNFR sustainability standards

Preferred retail partner for governments and

stakeholders on sustainable living

Leadership in SRI indexes and CR rankings

Implementation of code of conduct

and group governance

Foundations

0-25% 26-50% 51-75% 76-100%

KEY

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This part of the scorecard measures progress across the three

other areas where Kingfisher has made sustainability

commitments. Measurement is based on aggregated scores, which

help us rate our progress towards these targets.

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NET POSITIVE IS GOOD

FOR OUR BUSINESS

RISK

MITIGATION

FINDING NEW

MARKETS

BOOSTING THE

TOP LINE

INCREASING

THE

CUSTOMER

BASE

£45-60m to be saved

securing sustainable

timber supply

€70bn new market

in-home energy

efficiency by 2020

across key regions

Sales of £2.2bn p.a.

in sales from products

with eco credentials

Transfer skills

to create next

generation DIY

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It’s already helping our bottom-line

- £2.2 billion sales of products with eco credentials (20% of total sales)

- Estimate over £18.5 million of savings achieved from efficiencies in

utilities consumption (E&Y study, 2011)

- B&Q’s £2.9m investment in lighting efficiency predicted to save £0.9

million annually

- In France our Operating companies cut waste costs by €740,000 in

2011/12

- Our overall recycling rate has improved 40% since 2006

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We don’t have all the answers

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Some of the Challenges we’re facing

Putting your money where your mouth is – plywood

Not being able to find the wood for the trees –

FSC and tracing responsibility

Now developing new tools to measure

progress – 1,000 products with Closed Loop

credentials by 2020.

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What next?

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Insert NP logo

Any Questions?

Page 34: Kingfisher  net positive webinar

some questions for you….

• How could your company have a net positive impact?

• What would be the main challenges?

• What impact would it have on your company, internally

and externally?

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Page 35: Kingfisher  net positive webinar

what’s next for the Forum Network?

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Webinars

• 12 February – Sustainability & Brands, with Sally Uren

• 19 March – Future casting, with Peter Madden

Network events

• 31st January, Delhi – Innovation Nation at Delhi Sustainable Development Summit

Launching our publication celebrating India’s success stories in sustainable innovation,

and encouraging them to be scaled up across the country and worldwide.

• 13th March, London – Is your business wired for change?

Exploring the role of digital and communications technologies in enabling radical system

change, and what it means for you and your organisation .

• For more information or to register for our events please contact [email protected]

Page 36: Kingfisher  net positive webinar

thanks!

Nick Folland | [email protected]

Zoe Le Grand | [email protected] | @zlegrand

forumforthefuture.org | registered charity no. 1040519

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