Our materiality assessment helps us to identify our most important Responsible Business issues, risks and opportunities, taking into account business priorities and the views of our stakeholders. It informs how we focus our resources, and what information we choose to include in our Responsible Business reporting.
Double materiality assessment
We conduct regular materiality assessments to make sure we remain focused on the high impact issues for our business and our stakeholders. We worked with external experts to conduct a double materiality assessment in 2022. This considered a wide range of ESG topics from both a financial and an impact materiality perspective.
To align with a double materiality approach, survey respondents and interviewees were asked to provide their views on the extent of the impact that Kingfisher could or does have on the issues (Societal and Environmental impact or impact materiality) and the financial impact of the issues on Kingfisher (Business impact or financial materiality).
Climate change continues to be one of the most material issues, alongside sustainable home products, responsible sourcing, and key people topics such as fair employment, inclusion and diversity, and health and safety.
During 2024/25, we conducted the DMA in line with the European Financial Reporting Advisory Group (EFRAG) guidelines, as part of our preparation for compliance with the Corporate Sustainability Reporting Directive (CSRD) and UK Sustainability Disclosure Standards (UK SDS). While the updated assessment applied a different structure – introducing Impact‑Risk-Opportunity (IRO) categories – the outcomes remain broadly aligned with our current priorities.
For more information about our double materiality assessment, check out our: