The impact of climate change affect all of us and the scientific evidence is clear - urgent action is needed by everyone.
Every human activity has a carbon footprint. We all need to cut emissions to avoid the worst consequences of climate change. No company can hope to prosper in a world where we continue to plunder resources and pump CO2 into the atmosphere at the rate we are today. And there are practical considerations for our business: energy costs, the availability of raw materials, new markets and new legislation.
Commitments and targets
When we launched Plan A back in 2007 we made the commitment to have carbon neutral operations by 2012, which was achieved and later extended to include all M&S operations worldwide in 2014. We also committed to an independently approved science-based target
in 2017 to further reduce gross emission from our operations as well as cutting 13.3m tonnes of CO2
e from our wider value chain. In 2020, we announced our strategic ambition to become net zero
across all of our operations by 2035, then for scope 3 emissions by 2040, as part of the BRC's Climate Action Roadmap
. We are developing our targets and delivery roadmap to achieve this.
The gross (Location-based) emissions from M&S global operations in 2020/21 were 298,000 tonnes of carbon dioxide equivalent (CO2e). Down 53% against the 640,000 tonnes from when we first started to measure it in 2006/07.
The 2020/21 Market-based calculation of emissions which allows deductions for renewable energy was 177,000 tonnes, down by 72% against 2006/07. Under our approved Science Based Target, designed to keep global warming well-below 2 degrees, we're aiming for further reductions of 80% by 2030 and 90% by 2035.
In addition, at M&S we go even further by offsetting those remaining emissions to give zero net emissions, known as carbon neutrality. We were the first major retailer in the world to do this.
Our approach to climate change focuses on: