Kingfisher was announced as the overall winner of the 2010 Business Commitment to the Environment (BCE) Award for its commitment to spearheading sustainable timber sourcing practices.
Founded by Sir Peter Parker in 1975, the BCE Awards scheme is one of the world’s longest running international environmental competitions. It celebrates businesses that an independent judging panel recognises as meeting the commercial demands of the present, without compromising the environment for future generations.
Kingfisher received the top accolade in recognition of its long-term commitment to purchasing timber from sustainable sources. Its largest operating company, B&Q UK, was one of the founding partners of the Forest Stewardship Council (FSC) in the early 1990s and the Group has recently worked with other retailers to form a Timber Retail Coalition to push for a level market across Europe by supporting European timber regulation. Deforestation is a major contributor to global warming, and is often cited as one of the major causes of carbon dioxide emissions and a threat to biodiversity.
Presenting the Award at a ceremony on 8 June in London, the BCE president, Sir Anthony Cleaver, praised Kingfisher for putting environmental sustainability at the top of its business agenda. He said: “Kingfisher richly deserve this award for showing outstanding leadership and a huge commitment to protecting the world’s dwindling forests. There is no doubt that the company regards its present stance as fundamental to its successful business model, and I’m delighted that the lessons learnt from the B&Q timber initiative are now being applied to other parts of the product range.”
Kingfisher Group Chief Executive, Ian Cheshire, said: “At Kingfisher, we believe that working on environmental sustainability is simply part and parcel of being a leading business. Through our 'Future Homes' strategy, we are committed to helping our customers make their homes more efficient at lower cost, whilst ensuring the sustainability of our own business and supply chains. I am absolutely delighted that we have won the Sir Peter Parker Award, as this recognition gives us the confidence we are heading in the right direction.”