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Kingfisher and Manufacture 2030 strengthen partnership to drive Scope 3 emissions reductions

Kingfisher and Manufacture 2030 strengthen partnership to drive Scope 3 emissions reductions

Kingfisher has strengthened its partnership with Manufacture 2030 with new ambitious targets for reducing its Scope 3 emissions.

Since 2022, Manufacture 2030 (M2030) has proudly partnered with Kingfisher, the international home improvement company, to support its joint efforts with vendors to reduce Scope 3 emissions.

Kingfisher's recent announcement of setting ambitious common targets with its vendors underscores the importance of this partnership in supporting its commitment to achieving net-zero emissions by 2040. Through the M2030 platform, Kingfisher vendors have access to a comprehensive suite of best practice tools, expert knowledge, and funding opportunities to support their decarbonization journey and improve operational efficiency. This ongoing partnership supports Kingfisher and its vendors in achieving their climate action goals. For the top 100 vendors, creating an SBTi-aligned roadmap and decarbonization target by 2028, for the next 450 vendors, developing similar roadmaps and targets by 2030, and for all remaining vendors, establishing a climate reduction plan by 2030.

Speaking on the partnership, Florence Batten-Turner, Director of Retail Partnerships at M2030, said:

We're delighted to continue our partnership with Kingfisher and their vendors, to drive climate action across the supply chain. At M2030, we know how critical supplier engagement is to measuring, managing, and reducing emissions, and we look forward to expanding our work with Kingfisher across their global retail banners and vendors. We also welcome the recent announcements from EDRA/GHIN (the global home improvement trade bodies) about their Scope 3 taskforce, which aims to develop an industry standard for collecting and reporting this data - the lower the reporting burden on suppliers, the more time for accelerating emissions reductions.

Thierry Garnier, Kingfisher CEO, commented:

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.