Marks and Spencer Group PLC 2023 AR2
The report outlines Marks and Spencer Group plc's financial and operational performance for the 52 weeks ended April 1, 2023, highlighting its strategic transformation and progress toward sustainable growth. The company achieved a group revenue of £11.9bn, representing a 9.6% increase, and a profit before tax of £475.7m. Key strategic milestones included the acquisition of Gist Limited to take control of the food supply chain and the launch of the 'Bring Your Own Bag' initiative for Click & Collect orders, saving 10 million pieces of plastic annually. On sustainability, the company had its 2030 corporate greenhouse gas emissions reduction target approved by the Science Based Targets initiative (SBTi) and achieved a 3% reduction in Scope 1 and 2 emissions.
Company: Marks and Spencer Group PLC
Sector: Wholesale & retail
Country: United Kingdom
Year: 2023
Type: AR2
Pages: 236
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Marks and Spencer Group PLC
Annual Report & Financial Statements
The report outlines Marks and Spencer Group plc's financial and operational performance for the 52 weeks ended April 1, 2023, highlighting its strategic transformation and progress toward sustainable growth. The company achieved a group revenue of £11.9bn, representing a 9.6% increase, and a profit before tax of £475.7m. Key strategic milestones included the acquisition of Gist Limited to take control of the food supply chain and the launch of the 'Bring Your Own Bag' initiative for Click & Collect orders, saving 10 million pieces of plastic annually. On sustainability, the company had its 2030 corporate greenhouse gas emissions reduction target approved by the Science Based Targets initiative (SBTi) and achieved a 3% reduction in Scope 1 and 2 emissions.
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Document Details
Report Year
2023
Reporting Period
Apr 3, 2022 - Apr 1, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Women on Board
Women in Management
Net Zero Target
Employees