M&S bags ICAEW sustainability accolade
Company’s programme has 180 sustainable commitments to achieve by 2015
By CFOWorld.co.uk staff | CFO UK | Published 10:15, 16 November 12
Retailer Marks and Spencer’s (M&S) sustainability programme “The Plan A” has bagged the ICAEW Sustainability Award at the National Business Awards ceremony in London on Wednesday.
The company’s programme has outlined 180 sustainable commitments to achieve by 2015, with the ultimate goal of becoming the world's most sustainable major retailer. The programme is widely heralded as a pioneering effort on the corporate sustainability front as duly recognised by the award.
Collecting the award on behalf of M&S, Adam Elman, head of the Plan A programme, said, “We want to continue with the plan, it is all about scale and pace and want to engage our customers with the work for example by more projects such as the ‘Schwopping’ scheme in our stores.”
Commenting on the progress in the UK as a whole, ICAEW Chief Executive, Michael Izza said, “Businesses are increasingly showing an acute awareness of the importance of sustainability to their success. It will be those businesses that have embraced sustainability that will have the best long term prospects for success.”
He opined that via the Plan A programme, M&S was working with their customers and suppliers to combat climate change, reduce waste, use sustainable raw materials, trade ethically, and help their customers to lead healthier lifestyles.
“They see the imperative of doing this and as they say in their own words, ‘There is no Plan B’. They are worthy winners of a very strong field this year,” he concluded.
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