Marks & Spencer Launches Re:Spark to Ignite Renewable Electricity Adoption Across Its Fashion Supply Chain
SuncorSuncor(US:SU) Globenewswire·2025-11-19 15:00

Core Viewpoint - Marks & Spencer (M&S) has launched RE:Spark, a supply chain decarbonization program in partnership with Schneider Electric, aimed at accelerating renewable electricity adoption across its global supply chain as part of its Plan A sustainability strategy to achieve net zero emissions by 2040 [1][2]. Group 1: Program Overview - RE:Spark is designed to facilitate change across M&S's supply chain, focusing initially on high-impact regions within its fashion supply chain, with plans for expansion over the next three years [2]. - The program aims to provide support and resources to suppliers, helping them build networks and resilience for long-term sustainability [3]. Group 2: Strategic Initiatives - A digital hub powered by Schneider Electric's Zeigo Hub will be launched, allowing suppliers to submit emissions data, track decarbonization efforts, and access specialized learning resources [5]. - M&S will host regional market briefs and webinars to educate suppliers on renewable electricity procurement in five key regions: Vietnam, Turkey, India, China, and Bangladesh [5]. - Strategic advisory services will be provided to help suppliers assess and implement clean energy solutions, including onsite solar, energy attribute certificates, green tariffs, and power purchase agreements (PPAs) [5]. - The program will enable suppliers to aggregate demand for PPAs, allowing smaller suppliers to participate in multi-buyer cohorts and access renewable electricity at scale [5].