Random Thoughts about Work

A recent report in the in IOD talks about the impacts that climate change is having on business. There is no denying that it is big business now. The enthusiasm of the city for sustainable development is more than matched by the retail sector as it bows to pressure from the green consumer.

Marks & Spencer’s latest 100 point manifesto includes a pledge to reduce packaging by a quarter achieving carbon-neutral status by 2012 and use fair-trade cotton for even its cheapest items. For a company with the power to affect 2,000 factories and 10,000 farms, this is dramatic development. Chief executive Stuart Rose has pledged that the £200m cost will not be passed on to the consumer so he’s taking the gamble that that shareholders will be ”paid back” through increased sales.

Which only leaves me to ask what is the future for motorsport (Isle of man TT) Where a carbon neutral footprint has not been considered much less talked about. But if that is where the profits are they better get thinking….