Output
Green Monday: September 2011
M&S - Review of Plan A after 4 years
Arrive: 5:45pm / Start 6:15pm / Networking: 8:15pm / Close: 9:30pm
5th September 2011
Bank of America Merrill Lynch: King Edward Hall
2 King Edward Street
City of London
London
EC1A 1HQ
Event overview:
M&S - Review of Plan A after 4 years
This is not just Sustainability - this is M&S Sustainability. Ok, enough.
We are devoting our September Green Monday to Plan A at M&S. It is a pleasure to announce that 2 of the key people behind Plan A will each speak, before a 30-minute Q&A session. M&S' willingness to share its strategy and the lessons learned from 4 years of Plan A speaks for its commendable collaborative approach. This is a unique opportunity to learn about one of the most successful change management programmes around Sustainability.
M&S recently published its "How We Do Business Report 2011 ", a 50-page document reviewing its own progress against the 180 targets that make up Plan A. The breadth and depth of the programme is remarkable - we can find companies who have greater ambition on any one target, but we are not aware of any company that has put in more effort to engage all stakeholders, from customers to its own pension scheme.
Plan A is an inspiration for many companies because it is a victory for a large number of small initiatives. Other Sustainability leaders such as Siemens, GE and Philips have significant revenue opportunities that drive the agenda internally. In 2010/11 Plan A contributed £70m to profits, around 10% of group pre-tax profit, with energy efficiency being the single biggest contributor.
We expect the evening to focus on the following areas;
- How M&S has engaged senior management across its different business divisions.
- How it calculates the contribution to profit.
- The difference that an external Advisory Board has made to the pace of change.
- How it has overcome internal resistance to change.
Join the debate: apply for your place here. It will be a fascinating evening.
Mike Barry, Head of Sustainable Business, Marks and Spencer
Richard Gillies, Director of Plan A, Marks and Spencer