Marks And Spencer Essay

9068 words - 36 pages

Plan A Report 2013
M arks an
d S
p en
cer G ro
u p
p lc P
lan A R
eport 2013

FINANCIAL HIGHLIGHTS 2013
Group revenue
£10.0bn 1.3%
Underlying Group profit before tax
£665.2m 5.8%
Group profit before tax
£564.3m 14.2%
PLAN A HIGHLIGHTS 2013
Net benefit generated by Plan A
£1 35m 29%
Net CO2e emissions from M&S operations in the UK and RoI
Zero CO2e Participants in Marks & Start work experience programme
1,100 22%
This year Plan A has generated an increased financial benefit which is available to be invested back into the business.
We reduced emissions by 23% against 2006/07 and purchased high quality carbon offsets to be carbon neutral.
This year we increased the number of disadvantaged people helped through our work experience programme.
Marks & Spencer is one of the UK's leading retailers with around 20 million customers visiting our stores every week. We sell high quality, great value clothing and home products and outstanding quality food. We source products responsibly from over 2,000 suppliers around the world. Over 81,000 people work for M&S in the UK and worldwide. Our core values are Quality, Value, Service, Innovation and Trust.
Marks and Spencer Group plc is a public limited company listed on the London Stock Exchange. Our principal trade associations are the Confederation of British Industry and the British Retail Consortium. We are also members of the World Economic Forum and Consumer Goods Forum. We are founding members of Business in the Community and participate in a wide range of social and environmental organisations.
For more information please visit our new Plan A report 2013 website: marksandspencer.com/plana2013

Overview Chief Executive's welcome 1 Our Plan A journey 2 Plan A in brief 4 Review of the year 6
"We can be proud of what Plan A has achieved over the past six years. We've delivered 1 39 of our 1 80 commitments and earned recognition through over 1 50 sustainability awards." Marc Bolland Chief Executive Officer
It's gratifying to win awards, but we always treat them as opportunities to push the business case for social and environmental responsibility, develop new alliances and learn from others. So, we've used our status as Business in the Community's 2012 Responsible Business of the Year to share what we've learned about the financial arguments for responsible business and to launch Shwop at Work, our corporate clothes recycling initiative.
Last year Plan A contributed a further £135m in net benefits, available to be reinvested back into our business. The efficiencies that helped to generate this total have also moved us closer to our vision of M&S as a sustainable
international multi-channel retail business. But we know that we still have a long way to go to make this vision a reality.
What lies ahead for Plan A? The launch of Plan A in 2007 and its expansion in 2010 addressed the social and environmental impacts of a retail business that has operated in largely...

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