Marks and Spencer Group PLC
Marks and Spencer Group's Climate Target Data Preview
As of 2024, Marks and Spencer Group has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Marks and Spencer Group ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a, b | 2026 |
Absolute-based Target | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a, b | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. a | 2030 |
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Verified Sources Behind Marks and Spencer Group’s Climate Targets Data
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Insights into Marks and Spencer Group's Greenhouse Gas Emissions Pathways
As of 2024, Marks and Spencer Group has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a b
Does Marks and Spencer Group have a target to reduce the emissions from its operations?
As of 2024, Marks and Spencer Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a
Marks and Spencer Group's most ambitious operational target is to reduce these emissions by 55% by 2030, compared to a baseline of 536,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2017. a
As of 2024, Marks and Spencer Group is ahead of schedule on its operational emissions reduction target, having achieved 59.36% of the planned reduction. a
Marks and Spencer Group's Operational (Scope 1+2) Emissions Pathway
Does Marks and Spencer Group have a target to reduce the emissions from its value chain?
As of 2024, Marks and Spencer Group has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a b
Marks and Spencer Group's most ambitious value chain target is to reduce these emissions by 55% by 2030, compared to a baseline of 5,000,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2017. a b
Instead of reducing value chain emissions, Marks and Spencer Group has increased them, with 2023 levels exceeding those of the 2017 baseline, placing the company well behind its reduction target. a b
Marks and Spencer Group's Value Chain (Scope 3) Emissions Pathway
Does Marks and Spencer Group have a target to reduce its total carbon footprint?
As of 2024, Marks and Spencer Group has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources. a b
Marks and Spencer Group's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 5,536,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2017, by 34% by 2026. a b
Instead of reducing total carbon footprint, Marks and Spencer Group has increased them, with 2023 levels exceeding those of the 2017 baseline, placing the company well behind its reduction target. a b