June 13, 2007
Marks & Spencer Releases Corporate Responsibility Report
Marks & Spencer has released its 2007 corporate responsibility report (PDF).
The company estimates that its UK and Republic of Ireland stores, offices, warehouses, transport fleets and business travel contributed around 400,000 tons of CO2 in 2005/06. If you add all the emissions caused by producing and selling, and add to that the impact of customers using and disposing of M&S products, the company says the figure rises to around six million tons of CO2.
The report says that M&S reduced CO2 emissions from its stores, offices and delivery vehicles by 28 percent since 2005/06 by a combination of improved efficiency and buying renewable electricity.
In addition, M&S says that 27,000 tons of cardboard and polythene packaging are recycled by its warehouses every year.
The report highlights the company’s Plan A, its five-year, £200m, 100-point ‘?eco plan’. “It will touch every part of M&S, transforming the way we do business,” the report states.
By 2012, M&S aims to make our UK and Republic of Ireland operations carbon neutral, send no waste to landfill, extend sustainable sourcing, set new standards in ethical trading and help people choose healthier lifestyles -? without
passing on the extra cost to customers.
Last month, the company announced plans for its first eco factories, one in Sri Lanka and two in Wales, that will harness the latest renewable-energy and recycling technology.
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