M&S to drive supply chain decarbonisation with new £850m loan facility

clock • 2 min read
M&S's new credit facility will run until 2025 and aims to support their supply chain decarbonisation
Image:

M&S's new credit facility will run until 2025 and aims to support their supply chain decarbonisation

New credit facility will offer M&S discounted interest rates to support its Scope 3 net zero target

Marks and Spencer is to benefit from a lower interest rate on a £850m loan if it delivers on its net zero goals, under the terms of a new credit facility announced last week. The leading retailer has...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Access our Intelligence Reports and exclusive data-rich studies on business-critical aspects of the green economy (BG Advanced members only)
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Incentives

Credit: iStock

Drax offers UK hotels chance to win £10k EV charge point installation

Competition is designed to showcase business and carbon benefits of providing EV infrastructure for hospitality sector customers

clock 01 September 2022 • 2 min read
Personio calls on global climate change NGOs to apply for Impact Portfolio support scheme

Personio calls on global climate change NGOs to apply for Impact Portfolio support scheme

Organisations working on climate-related projects could receive multi-year grants, strategic support, and access to Personio HR management software for free

clock 23 August 2022 • 2 min read
Sky unveils winners of £2m sustainable advertising initiative

Sky unveils winners of £2m sustainable advertising initiative

Five businesses have been awarded £250,000 to develop an advert which uses the power of TV to promote sustainable behaviours

clock 22 August 2022 • 2 min read