Marks & Spencer
Carbon footprint
Primary Climate Goal
Marks & Spencer aims to reduce Scope 1 + 2 by 80% by 2030 from a base year 2007
GHG emissions and Carbon intensity
Marks & Spencer reported gross GHG emissions (Scope 1 + 2 before carbon offsets) for the twelve months ending 31 March 2021 at 178 Kt (-20 /-10.1% y-o-y). At the same time, carbon intensity increased to 16 t (+0.8/+5.4% y-o-y).
Marks & Spencer reported Scope 3 emissions for the the twelve months ending31 March 2021 at 32
The company is committed to reducing Scope 1 + 2 by 80% by 2030 from a base year 2007, which translates into the estimated reduction of -5.6 Kt per annum over the period of FY2022 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to <2°C above pre-industrial levels.
Marks & Spencer achieved carbon neutrality across its operations (Scope 1 + 2) in 2012. Companies normally become carbon neutral with the help of the acquisition of carbon offsets rather than absolute reductions in their own greenhouse emissions. Also, carbon neutrality does not include non-CO2 GHG emissions.