IN BRIEF: M&S launches decarbonisation platform made with Schneider

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Schneider Electric SE - Rueil-Malmaison, France-based energy technology company and Marks & Spencer Group PLC - London-based retailer - Marks & Spencer PLC launches the RE:Spark supply chain decarbonisation programme developed with Schneider. The programme accelerates the adoption of renewable electricity across its supply chain as part of the Plan A sustainability strategy. M&S aims to achieve net zero emissions by 2040.

M&S Head of Sustainability & Materials in Fashion, Home & Beauty Katharine Beacham says: ‘RE:Spark is designed not only to ignite new ideas and unlock renewable energy opportunities for our supply base, but also to make the transition easier by providing access to support and resources. By acting as a facilitator, we can help our suppliers build networks and resilience for the long term - sparking a movement of change across the industry and beyond.’

Schneider Electric current share price: $227.20, closed up 0.3% in Paris on Wednesday

12-month change: down 4.9%

Marks & Spencer current share price: 342.90 pence, closed up 0.2% in London

12-month change: down 7.8%

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