Marks & Spencer Group PLC Creation of ESG Board Committee (4628I)
14 Dicembre 2020 - 10:00AM
UK Regulatory
TIDMMKS
RNS Number : 4628I
Marks & Spencer Group PLC
14 December 2020
Marks and Spencer Group PLC
RE-LAUNCH OF PLAN A & CREATION OF ESG BOARD COMMITTTEE
M&S is announcing today that it is re-launching its
ground-breaking Plan A sustainability programme next year and, with
that, creating an ESG Board Sub-Committee, effective from 16
December 2020, to provide focus and oversight of the programme
across the business. The Committee will be chaired by Tamara Ingram
who will be joined by Sapna Sood as a member and Archie Norman will
attend the meetings.
Chairman Archie Norman said:
"M&S was a pioneer in creating an industry-leading, fully
integrated sustainability plan under the 'Plan A' banner,
reflecting values that have been core to M&S's culture since
its inception. The organisation's inherent and enduring community
spirit has been borne out in its response to the pandemic, and in
many areas - particularly on sourcing and supply chain standards -
we continue to lead the market.
However, Plan A was launched in 2007 and the time has come to
look again at our plans and challenge our thinking. Helping our
colleagues, customers and communities lead happier, healthier and
fulfilling lives is core to the M&S brand and great work
continues to be delivered; but we need to continue to reinvigorate
Plan A and put it back at the centre of our customer story.
Tamara's deep understanding of the customer and Sapna's experience
of leading global supply chains and previous Board experience in
sustainability will ensure the Committee provides robust oversight
and challenge. The Committee's first task will be to agree a
timetable for the Plan A relaunch next year."
The company confirms that there is no further information
required to be disclosed pursuant to paragraph 9.6.11 of the UK
Listing Rules.
-Ends-
For more information, please call:
M&S Corporate PR - 0208 718 1919
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