Stock of the Week: Kingfisher

DIY giant has benefited from the stay-at-home trend this year and is also considered a low-risk company from an ESG perspective

James Gard 12 November, 2020 | 9:32AM
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Post-It Note

It’s ESG week at and we’re looking at companies with exceptional commitment to the environment, society or corporate governance. Given a choice of four companies that fit the bill, our Twitter followers have chosen B&Q and Screwfix owner Kingfisher (KGF). This year’s events have been good for DIY companies: they were deemed “essential retailers” by the UK Government and could re-open in April, way ahead of other retail outlets. And with many of us stuck at home for a good chunk of this year, that home improvement project you’ve been putting off for years has been harder to avoid. Construction work has also been able to continue during lockdown, so firms have needed materials to build houses. A boom in house prices, spurred on by a stamp duty holiday, has pushed some homeowners to improve their properties before they go on the market.

Kingfisher share price

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James Gard  is content editor for