Marks & Spencers: Environmental Issues and Policies
Using an organisation of your choice you are required to identify the nature of the significant environmental issues which confront it and the organisational responses.
Page
Introduction 3
Environmental Policy 4
- Corporate Social Responsibility
- Triple Bottom Line
Legislation 6
Drivers 8
Marks & Spencers Policy 9
Analysis 11
Recommendations & Conclusions 13
References 14
Appendices - Summary of Plan A Progress
Introduction
Marks and Spencers Plc. began life as a single trader, Michael Marks trading from a market stall in Leeds, where he sold all goods for one penny. In 1894 Michael marks has establish 12 stores and start to look for a Partner. It was then that Thomas Spencer became involved after investing £300.
Marks & Spencers Plc. (M&S) are now one of the UK’s leading retailers, with over 21 million people visiting their stores a week. M&S supply high quality, great value clothing and home products, as well as outstanding quality foods, responsibly sourced from around 2,000 suppliers globally. They employ over 75,000 people in the UK and abroad, and have over 600 UK stores, plus an expanding international business.
They are the number one provider of women’s wear and lingerie in the UK, and are rapidly growing their market share in menswear, children’s wear and home, due in part to their growing online business. Overall, their clothing and home ware sales account for 49% of their business. The other 51% of their business is in food, where they sell everything from fresh produce and groceries, to partly-prepared meals and ready meals.
Now more than ever, they are also known for their green credentials as a result of their five-year eco plan, Plan A, which will see them, amongst other things, become carbon neutral and send no waste to landfill by 2012.
They are listed on the London Stock Exchange and are
Page
Introduction 3
Environmental Policy 4
- Corporate Social Responsibility
- Triple Bottom Line
Legislation 6
Drivers 8
Marks & Spencers Policy 9
Analysis 11
Recommendations & Conclusions 13
References 14
Appendices - Summary of Plan A Progress
Introduction
Marks and Spencers Plc. began life as a single trader, Michael Marks trading from a market stall in Leeds, where he sold all goods for one penny. In 1894 Michael marks has establish 12 stores and start to look for a Partner. It was then that Thomas Spencer became involved after investing £300.
Marks & Spencers Plc. (M&S) are now one of the UK’s leading retailers, with over 21 million people visiting their stores a week. M&S supply high quality, great value clothing and home products, as well as outstanding quality foods, responsibly sourced from around 2,000 suppliers globally. They employ over 75,000 people in the UK and abroad, and have over 600 UK stores, plus an expanding international business.
They are the number one provider of women’s wear and lingerie in the UK, and are rapidly growing their market share in menswear, children’s wear and home, due in part to their growing online business. Overall, their clothing and home ware sales account for 49% of their business. The other 51% of their business is in food, where they sell everything from fresh produce and groceries, to partly-prepared meals and ready meals.
Now more than ever, they are also known for their green credentials as a result of their five-year eco plan, Plan A, which will see them, amongst other things, become carbon neutral and send no waste to landfill by 2012.
They are listed on the London Stock Exchange and are
References: Marks & Spencers Press Release, 2010. MARKS AND SPENCER GROUP PLC QUARTER 2 2010/11 – TRADING STATEMENT [Online] Available at: http://corporate.marksandspencer.com/documents/results_presentations/2010/q2_2010-11_trading_statement [Accessed 24th April 2012] Business Directory.com, 2011 Marks & Spencer, 2011. Annual Report 2010, [Online] Available at: http://corporate.marksandspencer.com/investors/reports_publications/2010 [Accessed 24 April 2011]. Marks & Spencer, 2011 Marks & Spencer, 2011. How We Do Business Report 2010, [Online] Available at: http://corporate.marksandspencer.com/investors/reports_publications/2010 [Accessed 24 April 2011]. Corporate Responsibility Index, 2009 Mallenbaker.net, 2011. Definitions of Corporate Social Responsibility [Online} Available at:http://www.mallenbaker.net/csr/definition.php Guardian.co.uk, 2010. Co-op and Marks & Spencers named as UK “Greenest” Supermarkets [Online] Avaiable at:http://www.guardian.co.uk/environment/2010/dec/20/co-op-marks-spencer-greenest-supermarkets