Kingfisher plc today announces the creation of a new role
to lead its recently-launched Net Positive corporate
Nick Folland will take up the position of Group Corporate
Affairs Director: Net Positive with immediate effect. He
was previously Kingfisher's Legal and Corporate
Responsibility Director and a Board member of B&Q.
Kingfisher Net Positive is a commitment to create a net
positive impact from business operations by putting more
back in than we take out. Net Positive commits Kingfisher
to a new 10-to 20-year corporate responsibility challenge:
to no longer strive for neutrality, but to seek to make a
positive contribution to the world's future. Kingfisher Net
Positive is a key component of the 'Creating the Leader'
business strategy, outlined in March 2012, and will be
fully integrated into the way Kingfisher does business.
This new role has been created in order to give a clear
sense of leadership and purpose to the Net Positive
initiative and to ensure its successful delivery.
Ian Cheshire, Group CEO, Kingfisher plc, said: With our
Creating the Leader strategy now in place, the time has
come to take a step forward with our sustainability
strategy - to challenge the status-quo, to think
innovatively and long-term. Zero is no longer enough. We
believe that we can make a real Net Positive difference
across our business and the communities and environments we
"I'm delighted that Nick has accepted this role. I believe
that our increasing focus on Net Positive and corporate
reputation means we need someone with Nick's passion and
commitment to drive this exciting agenda."
Nick Folland said: "Net Positive is a ground-breaking
concept and I am very excited about driving it forward
across our businesses. Kingfisher has a strong heritage in
corporate responsibility and Net Positive builds on these
foundations by taking how we do business to the next
Nick will report directly to Group CEO Ian Cheshire,
working collaboratively across all of Kingfisher's
geographical divisions and Operating Companies to set
targets and milestones for the strategy.
Notes to editors
Previously Nick Folland was Legal and Corporate
Responsibility Director, Kingfisher plc, B&Q plc. Nick
joined Kingfisher in May 2007 and was appointed to the B&Q
Board in July 2009. He was previously Company Secretary and
Group Legal Director at EMAP, having qualified as a
solicitor at Linklaters and Paines.
About Kingfisher Net Positive
We have identified four priorities for Net Positive where
we can work with our businesses, suppliers, partners and
our customers towards making a net positive impact: Timber,
Energy, Innovation & Communities. Ambitious targets will be
set to cover each of the four priorities, against which
management's performance will be assessed.
Kingfisher will provide more detail on specific targets for
Net Positive during the course of the next few months and
will publish an update on progress on an annual basis.
Stephen Howard, CEO of Business in the Community, said: I
am excited to see Kingfisher showing real thought
leadership on sustainability. By focusing on four areas of
economic growth, the company has made Net Positive a
fundamental part of its corporate strategy. Not only does
this demonstrate a long-term commitment, but incentivises
the business to help consumers tackle the big challenges
that we all face - from deforestation, to what happens when
we throw away a product.