Preview

A Report of Sustainability Issues Affecting the Retail Market in the Uk and the Quality and Content of Marks and Spencer’s Sustainability Report. Essay Example

Powerful Essays
Open Document
Open Document
5441 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
A Report of Sustainability Issues Affecting the Retail Market in the Uk and the Quality and Content of Marks and Spencer’s Sustainability Report. Essay Example
Contents

1.1 Executive Summary

2.1 Introduction

3.1 Sustainability Issues currently facing the Retail market within the UK 3.1.1 Ecological drivers 3.1.2 Ethical/Social drivers 3.1.3 Legal/ political drivers 3.1.4 Technological drivers 3.1.5 Summary of drivers

4.1 Evaluation of the Marks and Spencer Sustainability Report 4.1.1 Non Financial reporting 4.1.2 Environmental Strategy
4.1.3 Green technology and waste policy
4.1.4 Summary of evaluation
4.1.5 Conclusion

5.1 Recommendations

6.1 References

1.1 Executive Summary

• Sustainable Development needs to replace the traditional view of economic growth.

• Interdependency of issues relating to sustainable development, ecology, ethics, laws and technology. How industrialisation and capitalism has affected the ecosystem. Ethical consumerist movement, highlighting the in equality in the global market. One cannot be addressed without the other. Growing acceptance of Sustainability model as a real alternative to economic business view.

• CSR reporting demonstrates accountability, transparency and credibility gaining the stakeholders trust. Current trend of opportunist green washing by companies as they recognise the marketing potential behind Eco reporting and the green pound.

• Coherent Environmental strategy can increase profitability in a company with suitable structure, with re branding this presents dramatic opportunity to alter the outlook of an organisation. Implementation gains integrity.

• Technological developments save money and address urgent environmental issues. Recycling and closed loop systems generate energy and material that can be re-used, inside and outside the company. More efficient buildings reduce the need for power, working towards carbon neutrality.

• Developments in legislation and regulations are current and will continue to tighten over the next decade as the UK government addresses its local and international commitments.

You May Also Find These Documents Helpful

  • Better Essays

    Strategic Objective Summary

    • 1221 Words
    • 10 Pages

    Environmental savings will be helped by not needing to use natural resouces100% of the time. Our employee’s satisfaction will increase as we get bigger and provide training to help improve our business.…

    • 1221 Words
    • 10 Pages
    Better Essays
  • Best Essays

    Westpac Essay

    • 3024 Words
    • 13 Pages

    The origin of the CSR reporting can be concluded as “Shaping the future landscape and managing the current landscape”. It contains several meanings. For the external stakeholders, the…

    • 3024 Words
    • 13 Pages
    Best Essays
  • Good Essays

    1. Energy: the company reduces the energy consumption and increases use of renewable energy. So it saves more energy, money and time.…

    • 970 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Company report review Marks and Spencer Maplecroft Maplecroft House Bath Road Bradford on Avon BA15 2PE United Kingdom T +44 (0) 1225 863 882 F +44 (0) 1225 864 950 http://www.maplecroft.net Corporate Social Responsibility Report 2005 Presented by: Maplecroft Company report review Marks and Spencer – CSR Report 2005 Contents 1 Introduction ............................................................................................................................................... 3 1.1 Company background....................................................................................................................... 3 1.2 CSR rationale.................................................................................................................................... 3 1.3 Key issues......................................................................................................................................... 3 2 Key activities and impacts......................................................................................................................... 3 2.1 Business ethics ................................................................................................................................. 3 2.1.1 Governance........................................................................................................................…

    • 2504 Words
    • 13 Pages
    Powerful Essays
  • Satisfactory Essays

    These numbers do not necessarily added up as we would hope, there is always crime, therefore for the number of crimes regardless of where or why type is always growing and…

    • 493 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    2. DEFINITION, DEVELOPMENT AND FORMATION OF CORPORATE SOCIAL RESPONSIBILITY (CSR) AND GLOBAL REPORTING INITIATIVE (GRI)…

    • 1991 Words
    • 6 Pages
    Powerful Essays
  • Best Essays

    CSR helps businesses keep tabs on environmental, social impact. 2010. The Borneo Bulletin, August 7. ProQuest. http://proquest.umi.com.dbgw.lis.curtin.edu.au. (Accessed September 1, 2010).…

    • 2433 Words
    • 10 Pages
    Best Essays
  • Powerful Essays

    Marketing & sustainability

    • 1346 Words
    • 5 Pages

    Kotler, P 2011, ‘Reinventing marketing to Manage the Environmental Imperative’, Journal of Marketing, vol. 75, pp 132-135.…

    • 1346 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    Bradbury Pestle Analysis

    • 3840 Words
    • 16 Pages

    Freeman (2008) ‘Managing for Stakeholders: Survival, Reputation and Success’ Darden Business Publishing, University of Virginia (note permission has been obtained for the use of this paper in this module).…

    • 3840 Words
    • 16 Pages
    Satisfactory Essays
  • Good Essays

    The Ecology of Commerce by Paul Hawken deals with the influence of business and industrialization on the environment and eco-system. Hawken’s is showing the environment and the ecological system is being destroyed by the economic system. The economic system and the processes of industrialization are not echo –friendly to the natural cyclical processes of nature. The writer claims that with the current business practices, wildlife and indigenous culture will not survive. Business is designed to break through the limits without putting in mind the consequences.…

    • 367 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Primark's Irresponsibility

    • 2638 Words
    • 11 Pages

    Many companies fail to imply a good effective CSR to a business and this can have an overall effect on the company’s process. CSR is basically for a company to have an overall positive impact on the environment, consumers, employees, stakeholders and communities. I will be discussing and implying sources and concept to my chosen company Primark and discuss where they failed to add CSR to their company. A good use of CSR in a company can be the fulfilment of social or environmental goals, as opposed to a business that tries to achieve its financial goals while minimizing any negative impact on society or the environment. These businesses are called Social Enterprises.…

    • 2638 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    Corporate social reporting is consequent to increasing globalisation, greater environmental and social awareness, and more efficient communication, the concept of companies’ responsibilities beyond the purely legal or profit-related has gained new impetus. In order to succeed, business now has to be seen to be acting responsibly towards people, planet and profit.…

    • 2254 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    To develop a sustainable economic system, the society needs to start by developing an aggressive, yet realistic, sustainability strategy. When developing such strategy, a holistic approach has to be taken. This implies incorporating the technological, economic, social and environmental aspects in the strategy. The first stem will involve identification of key sustainability areas. After doing so, the society will formulate plans and processes that will ensure that the areas of concern are sufficiently addressed.…

    • 1754 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    Life After College

    • 306 Words
    • 2 Pages

    In high school and college we have guidance counselors, course requirements and teachers. But the minute we graduate into adulthood, it seems we are immediately expected to understand where to go, what to do, and how to get wherever we’re going next.…

    • 306 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    InfluencIng consumer BehavIour a guIde for sustaInaBle marketIng 500019_6000215_Biz_Comm_Book_227x227_FP.indd 1 02/03/2011 17:14 THIS IS A PRACTICAL GUIDE FOR MARKETERS CONSUMER BEHAVIOUR TO BE MORE SUSTAINABLE This guide is the result of collaboration between six major UK and global companies who have shared their consumer insight and market experience: B&Q, Kraft Foods, EDF Energy, Marks & Spencer, Unilever and Waitrose. It draws on insights from an extensive literature review of more than 100 documents – from business, academia, government and non-governmental organisations – and conversations with more than 50 marketers. I would like to thank all members of the Steering Group and our partners, Insight Exchange and RKCR/Y&R, for all your tremendous support. Sincere thanks to our Marketplace Leadership Team, past and present, whose passion has driven this project following the launch of ‘How can marketers build sustainable success?’…

    • 8990 Words
    • 36 Pages
    Good Essays