Kingfisher has unveiled vendor decarbonisation targets as it works towards driving down its Scope 3 emissions.
The rcompany and its vendors will work towards one of three levels of common target, depending on the scale of their impact on Kingfisher’s Scope 3 emissions.
The targets include for the business’s 100 biggest vendors by Scope 3 emissions to create a Science Based Targets initiative (SBTi) aligned roadmap and decarbonisation target by 2028, for its next 450 vendors to create an SBTi-aligned roadmap and decarbonisation target by 2030, and for the remaining vendors to set a climate reduction plan by 2030.
Kingfisher, which initially joined a global taskforce to tackle Scope 3 emissions last year, will work with its vendors to support their progress towards the targets, including sharing training and expertise.
Cloud-based emissions data platform Manufacture 2030 will support the vendors in understanding their emissions and building the roadmaps to achieve their targets.
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Vendor manufacturing represents around a fifth of Scope 3 emissions within Kingfisher’s sphere of influence, said the company.
Kingfisher CEO Thierry Garnier said: “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.”
He added: “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.”
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