Business Plan For M & S Essay

Business Plan For M & S Essay

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Plan A: What’s in it for M&S?


Who is Marks and Spencer?

“Marks and Spencer plc (also known as M&S) is a major British multinational retailer headquartered in the City of Westminster, London. It specialises in the selling of clothing, home products and luxury food products. M&S was founded in 1884 by Michael Marks and Thomas Spencer in Leeds.” (Wikipedia, 2016)

What is Plan A?

According to M&S, “Plan A is our way to help protect the planet – by sourcing responsibly, reducing waste and helping communities.” (marksandspencer, 2016)

M&S started Plan A in 2007 making 100 commitments to reduce the social and environmental footprint of the business across all that they do. In 2010 they entered a second phase with 80 new commitments and a goal to become the world’s most sustainable major retailer.

In 2014 they entered the third phase, Plan A 2020, still 100 commitments but with a change of emphasis, all about engagement of their customers, employees and suppliers.

Mike Barry is currently the director of M&S Plan A.


Plan A Report 2015, Marks and Spencer

On the above diagram we can easily see a great summary of M&S Plan A, being the core purpose “enhancing lives every day” together with the four M&S principles, inspiration, in touch, innovation and integrity. Their resources and relationships are divided in six categories; financial, manufactured, intellectual, natural, social & relationship and human.

For making the Plan A easier to understand, last year M&S divided their 100 commitments in four different categories, economic, environmental social and supply chain, adopted from the global reporting initiative (G4) guidelines.

The 2005 World Summit on Social Development identified sustainable development goals, such as econom...


... middle of paper ...


...M&S has been awarded with over 220 awards covering all aspects of sustainability.

But is it everything about becoming more sustainable? Well this is a question that I cannot answer but I can give a hint, back in 2007 they made an investment of £200m, according to the last report, the net benefit since 2007 it has been of £625m. (Plan A Report 2015)

Is it possible to have any disadvantage?

I don’t think so. We must know that a simple fact of life is that any system based on the use of non-renewable resources is unsustainable. Despite all the warnings that we are headed for an ecological and environmental perfect storm, majority of companies and organizations do not work hard enough to change this so I just can say something to M&S, well done, if every company in the world did a bit of what we do, expectations of the future would me much hopeful.



















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