B&Q owners to reduce energy consumption by 10% 17th June, 2013 Daniel Birkett
Kingfisher the owners of DIY and Home improvement giants B&Q have announced a commitment to reduce their energy consumption and give more back to the environment by 2050.
The initiative dubbed the “beyond zero” pledge aims to tackle four areas of the business which are timber, innovation, energy and communities and recent reports suggest progress has been positive. The retailer claims they have reduced their energy consumption by 10% and have lowered CO2 emissions by 3% since the financial year 2010/2011.
The report released by Kingfisher also shows that the sales of energy saving products have also led to a 5 TerraWatt saving by its customers in the last two years. Figures also suggest that a fifth of Kingfisher’s sales are products that could be classed as Eco-friendly. The Group Chief Executive, Ian Cheshire said: It is early days for Net Positive, but exciting progress is already happening.”
According to the report 89% of B&Q’s timber products are “responsibly sourced” from well managed or recycled sources. The company have also established projects in the UK and Spain to help restore under-managed forests and woodlands in order to improve biodiversity and create sustainable timber resources.