Home / Knowledge / News / Apparel/Garments / Sustainability becoming shared responsibility - H&M
Sustainability becoming shared responsibility - H&M
28
Apr '10
H & M Hennes & Mauritz AB has published “Style & Substance”, its sustainability report for 2009.

The report shows that H&M:

• continues to invest in sustainable materials – in 2009, H&M's garments contained 8,500 tonnes of organic cotton and the company aims for all cotton in its range to come from sustainable sources by 2020 at the latest
• exceeded its carbon emissions reduction target for 2005-2009
• during 2009 educated more than 150,000 of its suppliers' employees in Bangladesh on rights at work
• launched a five-year initiative in 2009, All for Children, with UNICEF to improve the situation of children in cotton-producing areas in India, financed by a MUSD 4.5 donation.

CEO Karl-Johan Persson, Message;

• H&M strives to be a sustainable business – financially, socially and environmentally. If we are to continue being a successful company, we believe that integrating sustainable thinking into everything that we do is absolutely necessary.

• Given the financial downturn, this past year has been challenging for most companies – H&M is no exception. But you should know that this has not led us to compromise our sustainability agenda.

• We are moving towards sustainability becoming a shared responsibility. Everyone at H&M should live our values and help H&M become a more sustainable and successful business. We continued working on the implementation of our sustainability strategy throughout the year. More of our departments began a review of their work to identify the risks and opportunities associated with their activities. Our ambition is for all of our departments to establish targets and action plans for improving their sustainability performance themselves.

• Like everything else at H&M, our sustainability agenda is based on a drive for continuous improvement. Ultimately, our entire value chain has to be leaner, smarter and more sustainable than that of our competitors. We know that taking a full value chain perspective will not happen overnight – but several of the initiatives that we are already involved in reach far beyond our own and our direct suppliers' operations. The Better Cotton Initiative and All for Children are two examples of the key ones.

H & M Hennes & Mauritz AB (publ) was founded in Sweden in 1947 and is quoted on NASDAQ OMX Stockholm. The company's business concept is to offer fashion and quality at the best price. In addition to H&M, the group includes the brands COS, Monki, Weekday and Cheap Monday as well as H&M Home. The H&M Group has around 2,000 stores in 37 markets. In 2009, sales including VAT were SEK 118,697 million and the number of employees was more than 76,000.

H & M Hennes & Mauritz AB


Must ReadView All

Chinese firm sets up textile-garment chain in Vietnam

Apparel/Garments | On 13th Dec 2017

Chinese firm sets up textile-garment chain in Vietnam

Worldon Vietnam Co. Ltd under the Chinese Shenzhou Group is likely to ...

Courtesy: SATO Global Solutions

Information Technology | On 13th Dec 2017

Sensor networks improve inventory management

Sensor networks like radio frequency identification (RFID) and smart...

CMAI hails review of FTP as 'progressive package'

Apparel/Garments | On 13th Dec 2017

CMAI hails review of FTP as 'progressive package'

The Clothing Manufacturers' Association of India (CMAI) has hailed...

Interviews View All

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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