Embedding corporate responsibility and sustainability: Marks and Spencer
Purpose ? The British retailer Marks & Spencer aspires to be the world's mostsustainable major global retailer by 2015. This paper seeks to examine how thecompany is embedding sustainability. Design/methodology/approach ? The paper iswritten as part of an ongoing investigation into how businesses do this. It isbased on direct dialogue with corporate sustainability specialists inside andoutside the company; participation in company stakeholders' briefings heldregularly since the launch of Marks & Spencer's Plan A for sustainability inJanuary 2007; and analysis by the company's own corporate sustainabilityspecialists about how they are embedding. Findings ? This case demonstratesthat, in order to speed their journey, Marks & Spencer have alignedsustainability with core strategy. Top leadership is driving the strategy, whichis overseen by the board. M&S have made a very public commitment: Plan A withmeasurable targets, timescales and accountabilities. The strategy is beingintegrated into every business function and strategic business unit; andinvolves suppliers, employees and increasingly customers. To enableimplementation, the company is developing its knowledge-management and training;engaging with wider stakeholders including investors; building partnerships andcollaborations; and has evolved its specialist sustainability team into aninternal change-management consultancy and coach/catalyst for continuousimprovement. Originality/value ? The value of the case study is that it providesan analysis of how one company, which has been active in progressing corporatesustainability, has evolved its approach in recen
Year of publication: |
2011-12-01
|
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Authors: | Grayson, David |
Publisher: |
Emerald Group Publishing Limited |
Saved in:
freely available
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