Company of the Year, Example of Excellence
Marks & Spencer - look behind the label
Impact on Society Award 2006 in association with Tomorrow’s Company
Two years ago, Marks & Spencer started to move from using Corporate Social Responsibility (CSR) to manage risk to using it to differentiate them from their competitors and drive innovation across its business. Focusing on areas such as sustainable fishing; chemicals in clothing; salt reduction; animal welfare and Fairtrade.
Impact
- Over the last twelve months Marks & Spencer:
- became the first major retailer in the UK to introduce a range of Fairtrade cotton clothing to stores and convert all the coffee it sells to Fairtrade and is working to shift all its tea to Fairtrade too.
- met salt reduction targets agreed between the retail sector and Food Standards Agency (FSA) four years ahead of schedule, removed additives such as hydrogenated fats from over 700 prepared products, and launched a range of prepared food that is totally additive-free.
- assessed over 1,250 clothing, food and homewear suppliers against its Global Sourcing Principles.
- led the development of a new approach to managing labour standards in supply chains called Supplier Ethical Data Exchange (SEDEX), allowing retailers to share audit results and better track issues.
- introduced a unique ‘Milk Pledge’ which provides British milk farmers with security through a guaranteed price.
- provided work experience for 2,500 people, including the homeless and disabled, with over 40%, twice the rate of similar Government schemes, entering employment after the placement.
- converted sandwich packaging to cardboard sourced from well managed forests.
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