Reducing Waste and Empowering Communities with Surplus Savers Scheme

  • M&S partners with Neighbourly for new surplus food initiative
  • First retailer to trial Neighbourly’s Surplus Savers scheme
  • Individuals can collect unsold food from stores for personal use
  • Expansion of M&S’s current charitable program
  • Collaboration with Sainsbury’s and Aldi
  • Neighbourly CEO Steve Butterworth on environmental strides and access to resources

Marks & Spencer (M&S) has become the first retailer to trial Neighbourly’s new surplus food initiative, Surplus Savers. The scheme allows individuals to collect donations of unsold food from the platform’s network of supermarkets and cafes for personal use. This expansion of M&S’s current charitable program collaborates with retail partners like Sainsbury’s and Aldi to distribute surplus food to charities and community causes. Neighbourly CEO Steve Butterworth highlights the importance of making environmental strides in surplus redistribution and providing access to valuable resources for communities.

Factuality Level: 7
Factuality Justification: The article provides accurate and relevant information about the new Surplus Savers scheme by Neighbourly and how it works with retail partners like M&S to distribute surplus food to individuals. However, there is a small unrelated sentence at the end mentioning Haribo opening a store in Kent’s Bluewater shopping centre which seems irrelevant to the main topic.
Noise Level: 4
Noise Justification: The article provides relevant information about a new initiative by Neighbourly to reduce food waste and help communities access valuable resources. However, the last sentence about Haribo opening a store is irrelevant and adds noise to the content.
Financial Relevance: Yes
Financial Markets Impacted: No
Financial Rating Justification: The article discusses a new initiative by M&S and Neighbourly to redistribute surplus food from supermarkets, stores, and cafes to individuals. This is related to financial topics as it involves the retail industry and sustainability efforts of companies like M&S. However, there is no direct impact on financial markets or specific companies mentioned.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no extreme event mentioned in the text.

Reported publicly: www.retailgazette.co.uk