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Marks & Spencer launches new ‘Plan A’ eco and ethical commitments

Marks & Spencer has launched a new ‘Plan A’ sustainable business plan and extended the commitments made in its previous strategy for a further six years until 2020.

GENERAL MERCHANDISE

Marks & Spencer launches new ‘Plan A’ eco and ethical commitments

Marks & Spencer has launched a new ‘Plan A’ sustainable business plan and extended the commitments made in its previous strategy for a further six years until 2020.

Called ’Plan A 2020’, the latest strategy retains and strengthens the retailer’s 2015 eco and ethical commitments and also includes a number of new pledges.

M&S chief executive Marc Bolland said: “Plan A is at the heart of our plans to become a sustainable, international, multi-channel retailer. It’s become a vital part of how we run our business and represents a better way of working that materially improves our customers’ and partners’ experience of M&S. Once again we have made 100 commitments comprising of existing, revised and new targets with our sights set on significant progress in the next few years.”

The new commitments include the launch of a Global Community Programme to increase the scale of the social, environmental and economic benefits of supply chain Plan A projects, as well an extension of the Make Your Mark programme to help 5,000 young unemployed people by 2016.

Other plans include launching sustainable learning stores overseas and adapting UK stores, increasing the energy efficiency target from 35% to 50% per square foot, and UK stores raising £1 million every year for local charities and £20 million for health and wellbeing charities by 2020.

Mike Barry, M&S director of Plan A, said: “Plan A 2020 is a sustainable business plan focused on customer, employee and supplier engagement. We’ve formally included our international operations in Plan A for the first time and put Plan A at the heart of our business principles. By aligning social and environmental outcomes with our business goals in this way, we believe we can deliver greater value for all and achieve our goal of becoming the world’s most sustainable major retailer.”

 

 

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