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Summary

The report features the handing over of leadership on Plan A to new Chief Executive Marc Bolland

Report Highlights

Today, UK based retailer Marks & Spencer publishes its third annual progress update on its 100 Plan A commitments - 2010 How We Do Business Report. This is the company's seventh annual sustainability report. http://corporate.marksandspencer.com/howwedobusiness

The Report features the handing over of leadership on Plan A to new Chief Executive Marc Bolland and shows that:

62 of the company's original 100 Plan A commitments launched in 2007 have now been achieved and generated a re-invested profit of £50m.
Total carbon emissions have been cut by 8% and 20% per sq ft of sales floor.
Store energy efficiency has been improved by 19%.
Emissions from store refrigeration systems have been reduced by 18% and 28% per sq ft of sales floor.
Recycling rates for operational waste have increased to 53%, hitting 88% by the end of the financial year.
M&S Food packaging has been reduced by 20% and General Merchandise by 36%.
72% of wood materials and 62% of wild fish used by M&S were from sustainable sources.
M&S was the largest UK retailer of Fairtrade certified cotton clothing in 2009.
Working with its suppliers, 10 Model Ethical Factories have been set-up.
Employees and customers raised £2.8m for local charities through the M&S 125th Anniversary fundraising campaign.
M&S launched more innovative healthy eating products including its Simply Fuller Longer range.

From 2011 onwards, the company intends to report against it revised Plan A commitments with 80 new targets, launched in March 2010.

Feedback on the report is welcome at: PlanAQuestionsandsuggestions@marks-and-spencer.com
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