by Vikas Vij — Year 2015 was an important milestone in the evolution of sustainable business. The COP21 climate agreement and the launch of the UN’s 17 Sustainable Development Goals (SDGs) provided a long-term direction for global business.
Marks & Spencer (M&S) has made strong progress on its environmental and ethical program “Plan A” for 2015-16, successfully delivering on a range of commitments made during the year. Nearly three quarters of all M&S products now have a robust Plan A performance to show, compared to 64 percent in the previous year. The company has made notable progress on improving its energy efficiency (-39%), water efficiency (-31%), and food waste reduction (-9%).
M&S Chief Executive Steve Row said that the company is putting customers right at the heart of its business. M&S is geared to provide innovative solutions to more sustainable living that feels personal and local to the customers. The company recognizes that Plan A is a win-win approach – a simpler, more efficient, less wasteful business is better for the planet and its bottom line.
M&S has joined the UN Global Compact and published its first ever Human Rights Report. The report outlines the company’s approach to respecting human rights both within its own business operations and throughout its supply chain.