Renowned British retailer Marks & Spencer (M&S) has launched its sustainability innovation challenge for start-ups and scale-ups in an effort to achieve net zero by 2040. M&S is focusing on tech-intensive partners to construct on its sustainability efforts and achieve its net zero goal.
M&S will be working together with innovation and investment firm True to explore ideas and technologies that either ‘encourage more sustainable behaviors amongst its customers’ or aid the British retailer to ‘achieve further efficiencies in its agricultural supply chains’.
Stuart Ramage, Head of Marks & Spencer’s Innovation Team, Ignite, said in a statement: “Calling all start-ups, we’re on the hunt for your latest innovation or technology, which will help us reduce our impact on tomorrow’s world.”
“In return, we can turn an idea into reality and offer a trial backed by the scale of Marks & Spencer as a global retailer, with support from our dedicated Ignite innovation team along the way. We’re really excited to hear all of your ideas as we continue to drive a culture of innovation across Marks & Spencer,” Ramage added.