Company Directory - Marks & Spencer
Company Details - Marks & Spencer
Marks & Spencer
WebsiteLondon, United Kingdom
ISIN: GB00B03WLR24
1000 Locations
Marks & Spencer is a prominent British retailer renowned for its high-quality food, clothing, and home goods. It operates a chain of well-established stores across the UK and internationally, catering to a diverse consumer base. The company has built a reputation for premium products, excellent customer service, and commitment to sustainability.
CCI Score
CCI Score: Marks & Spencer
26.22
-7.03%
Latest Event
Marks & Spencer Cybersecurity Disruption
Reports indicate that Marks & Spencer, along with other British retailers, experienced cyberattacks that disrupted online orders and supply chain operations. The company estimated a potential financial hit of £300 million due to these breaches.
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DISSENTER
Marks & Spencer is currently rated as a Dissenter.
Latest Events
- JUN032025
Reports indicate that Marks & Spencer, along with other British retailers, experienced cyberattacks that disrupted online orders and supply chain operations. The company estimated a potential financial hit of £300 million due to these breaches.
- MAY232025
In an article examining the stark class divide in the UK, Marks & Spencer was listed among several companies accused of failing to meet minimum wage obligations, highlighting ongoing issues in labor rights and worker exploitation.
- FEB272024
Marks & Spencer announced pay raises for around 40,000 staff, increasing the minimum hourly rate outside London to £12 and in London to £13.15. The move ensures that all employees receive the Real Living Wage and also includes substantial improvements to maternity, paternity, and adoption policies, underscoring a commitment to better labor practices.
+80
Labor Relations and Human Rights Practices
May 23
Marks & Spencer's decision to raise wages above the national minimum and enhance benefits directly supports worker rights. This progressive action not only improves the livelihoods of its staff but also sets a positive precedent in the retail sector, reflecting strong pro-worker and anti-authoritarian ethics.
- OCT242023
Marks & Spencer commissioned an independent Oxfam report that revealed significant human rights and labor issues within its supply chain, including poor worker representation and inadequate sick pay. In response, the retailer has committed to scaling its digital, anonymous worker voice programme across over 500 UK sites to improve oversight and accountability.
+50
Labor Relations and Human Rights Practices
May 23
The report highlighted serious concerns regarding worker rights such as in-work poverty, poor representation, and discrimination in M&S’s supply chain. However, M&S’s proactive decision to commission the survey and to expand its worker voice programme demonstrates a positive move towards addressing these issues, thereby improving labor relations and human rights practices.
M&S human rights survey reveals concerns of supply chain workers
+40
Supply Chain Ethics
May 23
The Oxfam report underlined problematic supply chain practices at footwear factories and food manufacturing sites linked with M&S, revealing insufficient audit mechanisms and disconnects between management reporting and actual worker experiences. M&S’s initiative to seek alternative methods, such as enhancing its worker voice programme, indicates a willingness to reform its supply chain ethics.
M&S human rights survey reveals concerns of supply chain workers
- OCT122023
A recent Oxfam-commissioned report revealed significant shortcomings in M&S's supply chain, including poor worker representation and inadequate sick pay. In response, M&S has committed to expanding its digital, anonymous worker voice programme to over 500 UK sites, aiming to empower supply chain workers and drive reform in labor practices across its food and footwear operations.
+40
Labor Relations and Human Rights Practices
May 23
M&S responded to critical findings from an independent human rights survey by scaling up its worker voice programme. While the report highlighted serious issues like in-work poverty and poor representation in its supply chain, the company’s proactive steps to implement a digital and anonymous survey tool demonstrate a commitment to address these labor rights concerns, which is a positive move from an anti-fascist and workers' rights perspective.
M&S human rights survey reveals concerns of supply chain workers
- SEP202023
Marks & Spencer issued a response to allegations of human rights abuses in its tea supply chain, affirming its commitment to internationally recognized human rights standards and collaborating with its supplier and Fairtrade to support injured workers.
+50
Supply Chain Ethics
May 23
M&S has responded promptly to allegations of human rights abuses in its tea supply chain by reiterating its commitment to UN Guiding Principles on Business and Human Rights and by taking steps to work with its supplier and Fairtrade to support affected workers. This proactive approach in addressing supply chain ethics issues scores positively from an anti-authoritarian and pro-human-rights business practices perspective.
Marks and Spencer response to alleged human rights abuses in the tea supply chain
- JAN062021
Marks & Spencer has become the first top-tier global UK clothing company to publicly commit to not sourcing from suppliers linked to the forced labour of Uighur people, by signing on to the Coalition to End Uighur Forced Labour’s Call to Action. The decision has been widely praised by human rights and civil society groups for its ethical stance and its positive impact on supply chain practices.
+80
Supply Chain Ethics
May 23
Marks & Spencer's decision to refuse working with suppliers connected to Uighur forced labour illustrates a strong commitment to ethical supply chain practices. By aligning with the Coalition to End Uighur Forced Labour’s Call to Action, the company not only safeguards the rights of vulnerable workers but also sets a progressive standard for the industry, countering authoritarian labor practices.
Marks & Spencer praised for backing call over Uighur forced labour
- JAN062021
Marks & Spencer signed onto a coalition call to action urging companies to reexamine their supply chains amid evidence of forced labour in China's Xinjiang, demonstrating a commitment to human rights and ethical sourcing in the textile sector.
+80
Labor Relations and Human Rights Practices
May 23
By signing the call to action addressing forced labour linked to Xinjiang cotton production, M&S shows a proactive stance towards protecting worker rights and human rights, aligning with anti-fascist and progressive values.
+70
Supply Chain Ethics
May 23
The endorsement of the call to action catalyzes industry-wide scrutiny of supply chain practices, especially concerning the sourcing of cotton from regions with documented labor abuses, reinforcing ethical business practices.
- MAR012019
Marks & Spencer commissioned and supported an independent Oxfam report investigating labor conditions in its UK food manufacturing and India footwear supply chains. The report uncovered issues such as in-work poverty, inadequate sick pay, discrimination, and poor worker representation. In response, M&S committed to scaling its worker voice programmes and sharing learnings to drive industry-wide change.
+40
Labor Relations and Human Rights Practices
May 23
The initiative to support an independent review by Oxfam highlights M&S's willingness to confront serious labor rights issues in its supply chains. Despite the concerning findings reported by workers, the company's commitment to scale worker voice programmes signifies a positive, progressive step to improve labor conditions in line with anti-fascist principles of protecting workers.
Oxfam report reveals workers’ concerns in M&S UK and India supply chains
+40
Supply Chain Ethics
May 23
M&S's proactive decision to engage Oxfam for a 'gap analysis' of its supply chain demonstrates a commitment to transparency and accountability. This step towards better supply chain ethics aligns with progressive values and the need for systemic reforms to protect vulnerable workers.
Oxfam report reveals workers’ concerns in M&S UK and India supply chains
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Corporate Financials
- Revenue
- 2024
- $12.00B
- Total Assets
- 2024
- $10.60B
- Operating Income
- 2024
- $750.00M
- Total Equity
- 2024
- $4.50B
Employees: 80,000
Industries
- 445110
- Supermarkets and Other Grocery Retailers (except Convenience Retailers)
- 452210
- Department Stores
- 448120
- Shoe Stores
- 448140
- Family Clothing Stores