M&S aims to be most sustainable retailer by 2015

Britain's Marks & Spencer is to step up its plans to go "green" by opting for more sustainable ingredients and agreeing a living wage for suppliers in its bid to become the world's most sustainable retailer by 2015.

M&S said in a statement on Monday its new plan would extend its original green targets that were introduced in 2007 and would make the company more efficient, develop new markets and build customer loyalty.

"It's therefore not just the right thing to do morally but also makes strong commercial sense," Chairman Stuart Rose said.

"Since we launched our eco plan, Plan A, in 2007 we've reduced our environmental impact, developed new sustainable products and services, helped improve the lives of people in our local communities and saved around 50 million pounds by being more efficient."

"Our extended Plan A will reach further and move us faster - covering every part of our business and reaching out to forests, farms, factories, lorries, warehouses and into our customers' and employees' homes."

M&S said its new commitments would include making sure all 2.7 billion food, clothing and home items carried at least one sustainable or ethical quality such as being fairtrade or free range.

It will also seek to determine and agree a fair, living wage for workers in such markets as Bangladesh, Sri Lanka and India, and provide training and education programmes.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Media obsession with his layoff smacks of lack of focus

    Pretty much like his abrupt vanishing act had done 50-odd days ago, Congress vice president Rahul Gandhi’s return on Thursday from a long and myster

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

Varun Dutt

<b>Riskfactor</b>: Oblivious to reality

The hostile media effect, originally deemed the hostile media phenomenon, ...

Zehra Naqvi

Sensual wordplay

The student of literature looks for form and structure. The ...

Bubbles Sabharwal

The bitter cold heart of life

Life has a heart just as we do. Most times ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture