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Marks and Spencer Group PLC

Common Name
Marks and Spencer Group
Country
United Kingdom
Sector
Consumer Cyclical
Industry
Department Stores
Employees
64,000
Ticker
MKS
Exchange
London Stock Exchange
Description
Marks and Spencer Group plc is a major British multinational retailer headquartered in London, England. It specializes in own-brand products across food, clothing, beauty, and home segments, operating...

Marks and Spencer Group's Climate Target Data Preview

As of 2025, 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 TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-42%a
2030
Absolute-based Target*
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-30%a
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-55%a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Marks and Spencer Group’s Climate Targets Data

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a. Marks and Spencer Group's ESG Report 2025

Insights into Marks and Spencer Group's Greenhouse Gas Emissions Pathways

As of 2025, 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

Does Marks and Spencer Group have a target to reduce the emissions from its operations?

As of 2025, 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 536,852 Metric Tonnes of CO2 equivalent (mtCO2e) in 2017.a

As of 2025, Marks and Spencer Group is on track to meet its operational emissions reduction target, having achieved 59.67% of the planned reduction.a

Marks and Spencer Group's Operational (Scope 1+2) Emissions Pathway

2017202520300150 k300 k450 k600 kBaselineCurrent (-33%)Target 2030 (-55%)

Does Marks and Spencer Group have a target to reduce the emissions from its value chain?

As of 2025, 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

Marks and Spencer Group's most ambitious value chain target is to reduce these emissions by 42% by 2030, compared to a baseline of 3,300,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2023.a

a

Marks and Spencer Group's Value Chain (Scope 3) Emissions Pathway

202320300850 k1.7 M2.55 M3.4 MBaselineTarget 2030 (-42%)
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