19 Oct '11, 6pm

Plan A Pays Off for M&S: 30% Lower Carbon Intensity than Some Rivals

Plan A Pays Off for M&S: 30% Lower Carbon Intensity than Some Rivals

Marks & Spencer 's (M&S) launched its expansive sustainability program known as Plan A in 2007 with a mind-boggling 100 goals. Another 80 were added last year. Plan A is paying off big-time for the U.K. retailer, including nearly $111 million (£70 million) in savings so far this year. From an environmental perspective, M&S's carbon intensity also puts it at the top of the heap in a side-by-side match-up with some of its sector peers. In numbers crunched by environmental data firm Trucost , M&S's carbon intensity was 30 percent lower than three other retailers, including Debenhams, J.C. Penney Co. and Sears Holdings Corp. Trucost measures carbon intensity as Scopes 1 and 2 emissions measured against revenue. The sheer breadth of M&S's sustainability goals means that its efforts touch every level of its business, which has led to some creative solutions to reducing its envir...

Full article: http://www.greenbiz.com/blog/2011/10/19/plan-a-pays-off-m...

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