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Corporate Social Responsibility
News
6.24.2008 - 01:00pm ET
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Marks & Spencer Expands Sustainable Development Capability By Joining World Environment Center
(CSRwire) WASHINTON, D.C., - June 24, 2008 - Marks & Spencer, a leading global retail
company, today announced that it is joining the World Environment Center
(WEC), a global non-profit organization that advances sustainable business
performance, to increase its capabilities to implement sustainability
initiatives. Through its Plan A, a five-year, 100 point "eco" plan that
aims to tackle some of the biggest challenges facing its business sector
and the world, the British company has become a leader in sustainable
development by working with customers and suppliers to become carbon
neutral by 2012, reduce waste, safeguard the natural resources it uses,
trade ethically and help people lead healthier lives. Marks & Spencer
recently received WEC's prestigious Gold Medal Award for International
Achievement in Corporate Sustainable Development as decided by an
independent panel of judges.
Mike Barry, Head of Corporate Social Responsibility, Marks & Spencer said:
"We are striving to be a sustainable business because it is the right thing
to do and we know it can make business sense. We are pleased to carry on
our sustainability work with the World Environment Center which brings
unique global relationships and capacity to develop business solutions for
its members."
Dr. Terry F. Yosie, President & CEO of WEC, welcomed Marks & Spencer to
WEC as its first retailer member. "As a leading practitioner of
sustainable development within and beyond its business sector, Marks &
Spencer adds a new dimension to WEC's growing list of global leaders
within its membership. Marks & Spencer's commitment to solving business
and societal problems is especially well suited to WEC's non-advocacy
approach to creating value through partnerships between business and their
stakeholders."
About Marks & Spencer
Marks & Spencer is one of the UK's leading retailers, with 16 million
people visiting its stores each week. It offers clothing, home and food
products, and employs over 75,000 people. It has more than 600 UK stores,
as well as an expanding international business with over 250 stores in 36
countries.
About World Environment Center
The World Environment Center (WEC) is an independent, non-profit,
non-advocacy organization whose mission is to advance sustainable
development through the business practices of its member companies in
partnership with government and other stakeholders. WEC's activities and
operations are global in scope, and it is unique in providing direct,
on-the-ground support to companies to improve their performance, and that
of their business partners, across the value chain.
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