Marks and Spencer Advances Sustainability Goals Amid Strong Growth Performance
British Retailer Strengthens Environmental Commitments
Marks and Spencer, one of Britain’s most iconic retailers, is making significant strides in environmental sustainability while maintaining robust business performance. The company recently launched a partnership with Schneider Electric to help reduce carbon emissions in global supply chains. The initiative, called RE:Spark, aims to increase the use of renewable electricity by suppliers across M&S’s network.
Ambitious Climate Targets Drive Change
The sustainability push reflects M&S’s broader environmental strategy. The company’s Plan A strategy targets net zero emissions across its full value chain by 2040. This is particularly significant considering around 95% of its carbon footprint comes from indirect Scope 3 emissions — mostly linked to products and supplier activity. M&S has set medium- and long-term targets, including a 55% reduction in emissions by 2030 from a 2017 baseline.
Strong Financial Performance Continues
Marks and Spencer Group reports robust growth for the year ending March 2025, highlighting a 22.2% rise in profit before tax and a commitment to future expansion. The company has delivered a third consecutive year of growth in sales and market share, profit and improving return on capital. The Food business had another strong year as more customers chose M&S food, with continuous investment in quality, value and innovation paying off.
Board Renewal and Future Strategy
To support its next phase of growth, M&S announced that Sean Doyle, Chairman & Chief Executive Officer of British Airways, joined the Board as a Non-Executive Director effective from 1 December 2025. This renewal is part of a broader programme to refresh the Board as M&S embarks on the next phase of the Reshaping for Growth strategy.
Looking Ahead
Marks and Spencer’s combination of environmental leadership and strong financial results positions it well for future challenges. The RE:Spark partnership demonstrates how major retailers can drive meaningful change throughout their supply chains, whilst the company’s consistent growth shows that sustainability and profitability can work hand in hand. For British consumers and investors alike, M&S remains a company to watch as it continues reshaping for long-term success.