Even though 98% of M&S products are sold under its own brand, M&S does not manufacture any products and relies instead directly on its suppliers. Oxford University Press is a department of the University of Oxford. Going further, this year we launched our new Food Human Rights standard and at the same time we expanded the reach of our social audit assessments further down our clothing supply chain. This approach helps incentivize best practices. We actively engaged with multi- stakeholder groups and governments on supply chain challenges in the UK, Kenya, India, Bangladesh and Turkey. For example, sustainability-based innovations such as optimized packaging design, a reduction in transit packaging, and load-sharing during transportation can lower costs. As reported in a case published by the Financial Reporting Council: C21.P30The company does not seek to measure the financial impact of Plan A in terms of margin, corporate earnings, and brand value. Now we take a look at how M&S remains at the forefront of the ethical trade business, the supply chain challenges they have faced and the solutions they have implemented. Discover M&S and our different businesses, including Food and Clothing & Home. We work continuously with our supplier partners to raise standards and improve working conditions. Marks & Spencer Likely to Report a Robust Start of FY 2024 . The ESG Committee provides additional rigour, support and challenge for the business, ensuring we continue to focus on leading sustainability delivery, to put sustainability at the heart of our customer proposition, and to deliver the reinvigorated Plan A programme. About a 5 minute read. It has over eighty thousand employees and revenues of over 10 billion. This wont be easy. Marks & Spencer Expands Climate Targets to Tackle Food supply chains create more waste, but much of this is currently recycled. Families are cautiously optimistic about what the rest of 2022 will bring, amid growing concerns around health and the environment. Please see our Digital AGM page for: Offering increased access to recycling helps M&S align its suppliers with its ongoing sustainability goals by tackling the challenges of food waste. For more details on how M&S is successfully leveraging the scorecard mechanism to build more a sustainable supply chain, download the full case study here. UK retailer Marks & Spencer has published its 2017 Plan A report, which details the progress the company has made towards its sustainable business plan in the past year. Further information about the day. As summarized by Hazel Culley, Sustainability Manager, the programme brings to the fore many previously unnoticed aspects of the supply chain: C21.P26Its great to be able to see the real change thats happening; for example, when we started out only seventy of our sites had staff surveysnow more than two hundred do. These measures focus on energy use, water use, waste, and carbon outputs. In 2010, M&S established a Sustainability Scorecard that aims to align suppliers with the companys sustainability objectives by tracking the progress of their own sustainability activities.2 This scorecard enables M&S to award Provisional, Silver, Bronze, and Gold ratings to participating suppliers. on Forced Labour/Human Rights, WWF's Retailers Commitment for Nature, Textiles 2030, and Business in the Community's Places Programme. Plan A 2025 will also see a continuation of M&Ss Shwopping clothing recycling initiative and the company has pledged to use at least 25 percent recycled material in at least a quarter of the clothing it sells by 2025. These targets span specific metrics associated with our net zero goal across the value chain, including commitments to zero deforestation and sourcing conversion-free soy, sourcing more sustainable fibres, reducing emissions in our property estate, and eliminating millions of units of single use plastic packaging. The return to Look Behind the Label feeds into M&Ss Plan A revitalization plans committing the retailer to reach net zero by 2040. Marks & Spencer Likely to Report a Robust Start of Fiscal Year 2024 C21.P2Founded in 1884, M&S is now a public limited company with over a thousand stores across the world, 852 of which are located in the United Kingdom. To deliver this, we need our colleagues to better understand the carbon impact of our products and processes, we need to back our suppliers to innovate and adapt to the changing environment and we must work together to help customers enjoy lower carbon lives., TagsMarks and Spencer net zero sustainability sustainable fashion. Not consenting or withdrawing consent, may adversely affect certain features and functions. To consistently deliver great products and services to our customers, we need to be forward thinking and data driven. M&S brings back its Look Behind the Label sustainability A Look Behind the Label hub has been set up where the retailer will share product origins and tips for customers to reduce their carbon footprint. There was a 28% reduction in waste in the UK and Ireland, and the company also expanded its food surplus redistribution scheme last year, donating 757 tonnes of food to nearly 600 charities. The renewal programme takes existing M&S stores and invests in them so that they offer the efficiency of a supermarket and the soul of a fresh food market, showcasing the quality, value and freshness of its ranges.M&S has renewed 40 stores so far across the UK, delivering a bigger, better and fresher experience for customers across Food, with more in the pipeline for the year ahead. For this reason, M&S will once again be holding a fully digitally-enabled AGM for 2022. 268276 Published: March 2021 PDF Split View Cite Permissions Share Abstract The case of Marks & Spencer illustrates how a company has used a sustainability scorecard that awards However, the revamp has helped Marks & Spencer raise its profits outlook for the second time Marks & Spencer Likely to Report a Robust Start of FY 2024. The latest adjustment to our group sustainability strategy is resetting Plan A to have a singular focus on the environment. We do this through a network of 1,487 stores and 98 websites globally, and together, across our stores, support centres, warehouses and supply chain, our 65,000 colleagues serve over 30 million customers each year. THIS MEANS WE NEED TO TRANSFORM HOW WE MAKE, MOVE AND SELL OUR PRODUCTS TO CUSTOMERS AND FUNDAMENTALLY CHANGE THE FUTURE SHAPE OF OUR BUSINESS. 1 MarketScreener is worth more than 1000 Influencers! Its much less fuss, much more interactive and Having confirmed our new Plan A commitment as a strategic priority, we agreed to link our 850m Revolving Credit Facility to the delivery of our net zero goal. Sustainability is integrated into financial reporting and review. C21.P35 Brandix, a designated M&S eco-factory, was named clothing supplier of the year in 2012 for reducing carbon emissions by 80 per cent, energy usage by 46 per cent, and water consumption by 58 per cent. It has also been encouraging to see new propositions this year, including clothes rental with Hirestreet (see page 10), and the Sparking Change Challenge (see page 11) exploring plant-based protein and food waste reduction. The retailer reports that 80% of its products now have an eco or ethical quality above industry norms, such as Fairtrade food, cruelty-free beauty products, or recycled packaging. How. Marks & Spencer commits to holding the price on its market As Chief Executive Officer, Stuart Machin has responsibility for day-to-day leadership of the business and the Executive Committee, and is also an executive member of the PLC Board. The awards recognize and showcase suppliers that have made tangible and demonstrable improvements in areas such as process innovation or product sustainability and the supplier networking sessions take place every two to three months. Last year Marks & Spencer expanded its healthy eating private label ranges, including Eat Well, Balanced For You, and Count on Us. We would like to see a stronger, clearer commitment from M&S on paying a living wage. Stores will also play an important role in communicating with consumers, with M&S planning a store takeover that will see store windows feature a sustainability message and 70 of its largest stores will host welcome zones that explain what that particular store is doing to support its local community. By Caroline Image courtesy of Flickr user alantankenghoe. M&S school uniform is designed to be durable and pass the hand-me-down quality test to ensure even when its outgrown, its too good to waste and can be handed down to family and friends. Each quarter, the Index gives insight into how confident and resilient families are feeling; what family means and why it matters in today's world; and, what issues are priorities for families right now. The period is short enough to limit the disruption but long enough to prevent bad practice being temporarily hidden.4. When the additional 20% Back-to-School offer is applied, prices start from just 5.60 for early shoppers. pursued new procurement strategies and supplier partnerships to emerge stronger than ever. The campaign, which initially pushed hard-hitting messaging about the environmental impact of consumer products, will now focus on the supply process behind five everyday M&S products. C21.P27More broadly, through the suppliers self-reporting M&S gains insights on the energy, material, waste, and carbon performance measurements for those factories; suppliers risk assessment of their raw materials; suppliers employee representation, gender ratio, employee turnover, and employee survey results at those supplier sites; and the production capabilities of its suppliers. Course: Business Decision Making (5BUSS001W ) 42 Documents. During the year, brands represented c.3.5% of our online sales and were shopped by over a million customers. Caring about our impact on the world today and in the In recognition of their efforts, Silver and Gold suppliers are awarded certificates at the M&S annual commercial conference.5. The Sustainability Scorecard initiative bolsters brand value by enhancing relationships among the main business, suppliers, and customers. We need to transform how we make, move and sell our products to customers and fundamentally change the future shape of our business.. Marks and Spencer These insights allow M&S to better select and interact with its suppliers for product innovation and other improvements in its products. M&S said the scale of the climate challenge is bigger and more urgent 14 years on, requiring the retailer to go further. Keep up to date with all the latest news from M&S. Environmental and social risks can be reduced through better sourcing of materials and high labour standards in supplier factories. Sign up for a free account: Comment on articles and get access to many more articles. Their customers and employees are increasingly interested in all aspects of their products integrity, and expect M&S to engage with their suppliers to ensure fair working conditions and respect for human rights throughout the value chain.. If achieved, M&S would achieve full net zero 10 years ahead of the governments UK wide strategy. The company launched a so-called shwopping initiative (the word combines shop with swap), encouraging customers to bring in used clothes when they buy new ones, and one-day Wardrobe Clear-Out events, with clothes donated to Oxfam second-hand clothing stores. 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The networking sessions help provide a platform for discussing challenges, free from the concern that such disclosures would have a negative impact on the suppliers relationship with their buyer. As part of this, M&S has pledged to cut its carbon footprint by a third by 2025, from a 5.7million tonne baseline in 2017. Even though 98 per cent of M&S products are sold under its own brand, M&S does not manufacture any products itself and relies instead on its suppliers. 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Food redistribution scheme launch in partnership with, Launched our most sustainable denim range yet, Manufactured with 86% less water and kinder chemicals, and 100% of the cotton we source for our clothing is responsibly sourced, A five-year programme to help our farmers become more resilient to the biggest environmental challenges. To promote the benefits of the M&S app and encourage more customers to download and start using it, we ran a two week app-focused campaign in March, including our first ever Sparks TV advert. Weve now extended Plan A to 180 commitments to achieve by 2015, with the ultimate goal of becoming the worlds most sustainable major retailer.. University: University of Westminster. We recognise we must never be complacent. Alexandra Dimitriu, Kidswear Director at M&S, commented: School uniform is an essential purchase for millions of families and now more than ever, parents are prioritising value when it comes to making purchasing decisions. Sign in or Register a new account to join the discussion. Managing directors of our businesses are responsible for setting sustainability strategy and targets for the activities and teams they manage. Marks & Spencer: Improving Supply-Chain Sustainability Marks & Spencer has pledged to cut its carbon footprint by a third by 2025 as part of its commitment to be fully net zero by 2040. M&S took 18 months to develop the framework for the How We Do Business element of their supplier scorecard, which is supported by a sustainability framework that considers the environmental, ethical, and lean manufacturing elements, which detail the building blocks to enable improvement in performance. ". What does it mean to become a sustainable business and what steps must leaders take to integrate sustainability into their organization? As part of its 2025 agenda, M&S has also committed to " be open and transparent and inspire customers to live more sustainably." C21.P28Overall, the Plan A programme, of which the scorecard is a component, has delivered significant saving through waste reduction and environmental efficiency. The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes. M&S business news, financial results, presentations, company reports and the latest share price. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you. M&S sees offsets accounting for 14% of 2017European Supermarket Magazine your source for the latest retail news. Marks and Spencer has also prepared a separate report called The key lessons from the Plan A business case. [PDF]. The full Back to School product range is available in store and on M&S.com and available for next-day delivery or free Click & Collect to over 700 M&S locations. As an own-brand retailer, one of our biggest strengths is the close relationships we've created with our trusted supplier partners, from farms to factories and I've been, revolving credit linked to the delivery of our net zero targets. C21.P37 Courtauld, a clothing supplier, developed a new bra made from 100 per cent recycled polyester, with improved durability and guaranteed non-yellowing.12. Supplier scorecards can often be a checkbox exercise with little value. Furthermore, only products from Silver and Gold factories are eligible for recognition as having Plan A product attributes for sale to consumers. She is accompanied by Sapna Sood, one of our NEDs with senior level experience at The Adecco Group, who also has an in-depth knowledge of running complex supply chains. Doing the right thing by our planet, people and the places we serve is a value that has been core to M&S's culture since its inception. Will a Sustainable Future for Agriculture Take Us Underwater? The public recognizes that accreditation means agency workers such as cleaners and security staff are covered.. They contribute directly to the group sustainability strategy, for example the recent resetting of Plan A, materiality assessments, and deliberations with ExCo. Prices in the range start from just 7 for a multipack of three 100% responsibly sourced cotton unisex polo shirts, featuring StayNEW technology to reduce colour loss and bobbling. India's Best Online Shopping Store for Menswear, Womenswear, Sleepwear, Lingerie, Loungewear,Home, Beauty Products, Accessories, Kid, and Baby Wear. in time for next years report. Money raised for charity: 20 million. In 2021 we reinvigorated our approach to sustainability as part of our business transformation programme and outlined our roadmap towards becoming a net zero business by 2040. For example, better farming practices in the cotton supply chain are making a significant contribution to emissions reduction and better water stewardship. C21.P4This collaboration can yield a range of benefits for M&S. We play our part in collaborative movements such as the British Retail Consortium's Climate Action Roadmap, the Consumer Goods Forum's Coalition. M&S works with food suppliers to help them recycle their remaining volumes that still go to landfill, by using the most carbon-efficient approach available, for example anaerobic digestion or composting. These sessions focus on areas of the performance scorecard in which suppliers experience difficulties. These issues are front of mind for our customers and colleagues, as we saw demonstrated in their overwhelmingly generous response. Wheelock Place, Singapore. From the outset of the conflict, our priority was to support colleagues and take meaningful action to provide funds to those in need through our partners at UNICEF and UNHCR. Last week, the retailer launched Plan A 2025, which contains the company's sustainability aims for the next eight years, including the goal of making Marks & Spencer a zero-waste business. we integrate and deliver sustainability at M&S evolves constantly to reflect the changing needs in society and our ways of working within the business. M&S resets sustainability targets Marks & Spencer has pledged to cut its carbon footprint by a third by 2025 as part of its commitment to be fully net zero by 2040.

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