Find out about Marks ans spencer and its competitors to write a review Essay

Find out about Marks ans spencer and its competitors to write a review of the company's environmental management - Essay Example The region is populated with an estimated 5.3 billion of populace based with 84% of them are located in urban centers (Index Mundi, 2013, p. 1). The presence of these diverse and multicultural consumers and its relative economic affluence compared to other emerging countries, are opportunities for business chain to undertake corporate operation. Mark and Spencer sell clothes, food, home needs, and other products, has it main center based in UK and has varied offshore operations including chains in advanced countries. The company relies on its core corporate values: quality, value, service, innovation and trust (M & S, 2012a, p. 2). Its subsidiary company at UK also contributed to the ? 9.9 bn group revenue in 2012, underlying group operating profit of ? 810.0 m. As a leading retailer, it sourced its products responsibly from 2,000 suppliers globally (M & S, 2012a, p. 2). Central to its business operation since 2007 is the drive to address ecological concerns and social inequities by upholding a healthier and sustainable lifestyle (M & S, 2012b, p. 1). The company prided of integrating sustainability in managing its business by providing such framework of governance that is focused on environmental management systems (M & S, 2012b, p. 1). What is environmental management system? The US Environmental Protection Agency (2013) defined Environmental Management System (EMS) as a quality control mechanism designed to enable an organization to practice set of rules and behaviors that will reduce and mitigate environmental destruction to scale up its operating efficiency (p. 1). Such framework encourages companies to attain environmental objectives by employing environmental plans, goals, and protectionism campaigns as part of its operational mandates in management, for customers, for human resources, including its suppliers (USEPA, 2013, p. 1). This extols the assumption that employing environmental management control will likewise gain social acceptance and hence impr ove the corporate financial sustainability of the organization (USEPA, 2013, p. 1). This is also presumed that the EMS is also aligned and is consistent to company’s goals and business practices (USEPA, 2013, p. 1). Experts likewise posit that this internal and external regulatory approach requires stringent compliance to reduce risks, hazards, and to ensure cost-efficient business operation (USEPA, 2013, p. 1). This is also to address the call of our times amid the devastating impact of climate change and the need to respond for ecological protection (USEPA, 2013, p. 1). It also provided remedies to unregulated issues like problems on energy conservation, quality operational control and the importance of corporate stewardship (USEPA, 2013, p. 1). Thus under this framework, the company develops its own environmental goals based on ecological and legal basis; form its own environmental objectives, increase employees competence. EPA encourages company to have an environmental p olicy as its foundational plan to attain targeted environmental performance and outcomes (USEPA, 2013, p. 1). These blue prints are implemented and became subject of an evaluation at the end of every cycle of to determine it has improve its corporate social relations, it is has positively impacted