Home / Knowledge / News / Apparel/Garments / We need to change how fashion is made and consumed: H&M
We need to change how fashion is made and consumed: H&M
08
Nov '14
Mr. Karl-Johan Persson speaking at BSR Conference
Mr. Karl-Johan Persson speaking at BSR Conference
“We need to change how fashion is made and consumed” said the H&M CEO, Karl-Johan Persson, while speaking about the role played by his company in the sustainable fashion industry at the just held BSR conference, a forum which invites leaders from business, government and civil society to share their visions on sustainable business challenges and opportunities.

Held in New York, the conference was themed as ‘transparency and transformation’ and how these two factors can help in transforming companies, consumers and communities.

While addressing the crowd, the executive cited that a way to increase transparency in the fashion industry is through working on consumer labelling and thereby making it possible for the customer to compare environmental and social sustainability of products. He added that H&M’s decision to make its supplier list public is an important step towards an increased transparency and a more sustainable fashion.

He stated how his company, with its size and dedication, wants to make a difference, “At H&M we want to be more than a spectator of the global developments. We have a responsibility to use our size and influence to do what we can. H&M’s vision is for all its operations to be run in a way that is economically, socially and environmentally sustainable. Therefore, our sustainability work is an integral part of H&M’s business and an important investment in our customer offering.”

The CEO also stressed on making sustainability an integral part of every department into the business– from the suppliers to customer relations, to cooperate closely with others to develop and implement new ideas, and to act with a long-term focus.

Persson also mentioned about H&M’s fair living wage strategy- which aims to pay sufficient wages to cover the needs of the workers working in the production countries. Initially tested in three role model factories, the strategy was launched a year ago in close co-operation with international trade unions, textile suppliers, the ILO and non-profit organisations.

H&M’s global garment collecting initiative was also described as one important step towards a reduced use of natural resources. The fact that 95 percent of the garments can be reused or recycled into new yarns was emphasized as well as the fact that this will reduce the use of oil and water in the fashion industry.

Operating from offices in Asia, Europe, and North America, BSR develops sustainable business strategies and solutions through consulting, research, and cross-sector collaboration with its network of more than 250 member companies.

Founded in 1947, H & M Hennes&Mauritz AB (H&M) is synonymous with affordable as well as up-to-date and high quality fashion. H&M has a wide product range that is divided into a number of different concepts for women, men, teenagers and children.

The company's clothing collections are created by its own designers, pattern makers and buyers. H&M has more than 104,000 employees and around 3,000 stores in 53 markets, including franchise markets. (PB)

Fibre2fashion News Desk - India


Must ReadView All

India’s garment imports from Bangladesh up 56% post-GST

Apparel/Garments | On 12th Dec 2017

India’s garment imports from Bangladesh up 56% post-GST

India has imported $87.4 million worth of readymade garments from...

Coats acquires yarn manufacturer Patrick Yarn Mill

Textiles | On 12th Dec 2017

Coats acquires yarn manufacturer Patrick Yarn Mill

Coats, the world’s leading industrial thread manufacturer, has...

Trade & consumers want MDR free digital payments: CAIT

Apparel/Garments | On 12th Dec 2017

Trade & consumers want MDR free digital payments: CAIT

Transaction charges like the merchant discount rate (MDR) applicable...

Interviews View All

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

December 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search