Marks And Spencer
Marks and Spencer, commonly known as M&S, is a renowned British multinational retailer headquartered in the United Kingdom. Established in 1884, the company has evolved into a leading player in the retail industry, primarily focusing on food, clothing, and home goods. With a strong presence across Europe and Asia, M&S is celebrated for its high-quality products and commitment to sustainability. The brand is particularly famous for its premium food offerings, including ready meals and fresh produce, alongside a diverse range of stylish clothing and homeware. Marks and Spencer has consistently positioned itself as a market leader, achieving notable milestones such as the introduction of its Plan A sustainability initiative. This dedication to quality and ethical practices has solidified M&S's reputation as a trusted choice for consumers seeking excellence in retail.
DitchCarbon Score
How does Marks And Spencer's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Retail Trade Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Marks And Spencer's score of 71 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Marks And Spencer's reported carbon emissions
In 2023, Marks and Spencer (M&S) reported total carbon emissions of approximately 5,600,000,000 kg CO2e. This includes 225,000,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 20,000,000 kg CO2e from Scope 2 emissions, which are indirect emissions from the generation of purchased electricity. The majority of their emissions, about 5,200,000,000 kg CO2e, fall under Scope 3, which encompasses all other indirect emissions in the value chain. M&S has set ambitious climate commitments, aiming to reduce absolute Scope 1 and Scope 2 greenhouse gas emissions by 55% by 2030, using 2017 as the base year. They have also committed to a similar 55% reduction in absolute Scope 3 emissions within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to support global efforts to limit warming to 1.5°C. The company is actively working towards these goals as part of its broader sustainability strategy, which includes initiatives to enhance energy efficiency and reduce waste across its operations. M&S's commitment to these reductions reflects its recognition of the urgent need to address climate change and its impact on the retail sector.
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| 2007 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 246,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 394,000,000 | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
| Scope 3 | 5,700,000,000 | 0,000,000,000 | 00,000,000,000 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Marks And Spencer is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
