Core Insights - Marks & Spencer (M&S) has launched the "RE:Spark" program in collaboration with Schneider Electric to decarbonize its fashion supply chain and enhance sustainability efforts [7] - The initiative aims to accelerate the adoption of renewable electricity among suppliers, focusing on high-impact regions such as China, India, Bangladesh, Vietnam, and Turkey [3][7] - M&S has set ambitious sustainability goals, including a target to achieve net-zero emissions across its supply chain by 2040 [7] Program Details - The RE:Spark program will provide a digital platform powered by Schneider Electric's Zeigo Hub, enabling suppliers to engage, track emissions, and monitor decarbonization efforts [4] - Advisory services will be offered to assist suppliers in implementing clean energy solutions, including solar power and energy attribute certificates [5] - M&S emphasizes the importance of collaboration with suppliers to foster long-term resilience and drive industry-wide change [6] Emission Reduction Goals - M&S reports that 95% of its total carbon footprint comes from scope 3 greenhouse gas emissions, primarily from its food and fashion sectors [5] - The company aims to reduce scope 3 emissions related to energy and industry operations by 90% and those tied to forestry, land, and agriculture by 72% by 2040, using 2023 as the base year [5]

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].