M&S green property lease: comment from Planon…
Tim Clapham (pictured), director at Planon Software, believes M&S’ green property lease policy should act as an example to other retailers
“It’s extremely encouraging to see Marks & Spencer taking a pioneering approach in the retail sector’s attempts to comply with increasing ‘green’ regulation.
The environmental performance of corporate real estate is often overlooked within the wider scheme of things. However, we hope that this move by M&S will set a precedent for other large retailers. Marks & Spencer’s green property lease policy will make carbon reporting a much easier and efficient process and, with Mandatory Carbon Reporting becoming effective from April 2013 for FTSE 350 companies, this has never been more vital.
It’s essential that retailers with large real estate portfolios have measures in place to make the collection and sharing of energy data more efficient and provide a holistic view to all concerned parties. Armed with this information, retailers will be in a much stronger position to make changes that really count – not only in terms of operational efficiency and energy consumption, but also as a way of cutting costs and improving the bottom line.”
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Tags: Business Information Portal, green property lease policy, M&S, Mandatory Carbon Reporting, Marks & Spencer, Planon, The BIP, Tim Clapham, West Midlands BIP
