Kingfisher plc is delighted to announce that we have retained Platinum Plus status in Business in the Community’s (BITC’s) 2012 Corporate Responsibility Index (CRI), the UK’s leading voluntary benchmark of corporate responsibility. Platinum Plus evaluates the extent to which a company’s commercial business strategy is underpinned by thinking around long term sustainability and we first achieved Platinum Plus in the 2011 CR Index.
The retained Platinum Plus status means that we have been able to demonstrate continued board-level commitment to corporate responsibility and that our business model and strategy “deliver competitive advantage through an understanding of the connectivity between the material economic, environmental and social issues affecting its business”.
Sustainability is a key part of Kingfisher’s heritage. Our strategy sets ambitious targets across the business and focuses on four priority areas where we believe we can have the greatest impact and aim to take a leadership position: Timber, Energy, Innovation and Communities. Our philosophy is that we should eventually be able to put more back than we take out – to be ‘net positive’. It’s about improving rather than just sustaining. We’ll be announcing more about our Net Positive plan later in the year.
Stephen Howard, Chief Executive, Business in the Community said: “I congratulate Kingfisher plc on achieving Platinum Plus in the 2012 BITC Corporate Responsibility Index. The CR Index has helped to highlight clearly those best practice examples that bring to life in a powerful way what integrated responsible practice really looks like. As we celebrate 10 years of our CR Index it has given me great pleasure to witness each company’s responsible business journey and the transformations they are making both within their businesses and the impact they have in our communities”.
For more information about the CR Index please visit www.bitc.org.uk.