H&M aims to become climate positive by 2040. Even though the footprint that its transport has on climate is relatively small along the supply chain - standing for around 2 per cent of all emissions - it wants to use size and scale to drive positive change towards greener solutions in commercial transport.
H&M is supporting Maersk – one of its strategic transport partners and one of the biggest transport providers in the world – in one of their latest innovations, the carbon neutral ocean product. The biofuel-blend that has been tested to propel vessels, which comes from wasted cooking oil for instance, has shown promising results in reducing the emissions from the ocean shipping.
“Our high ambition to become climate positive by 2040 requires cooperation and engagement from all parties in the supply chain. We want to use our size to be a force for good and enable scaling innovative solutions, such as the carbon neutral ocean product, for a greener commercial transport,” Helena Helmersson COO H&M Group.
With the vision to achieve a fossil free commercial heavy transport by 2050, Scania, H&M Group, E.ON and Siemens have joined forces in the Pathways Coalition.
The starting point of this coalition was the Pathways Study, where one of the key findings was that a fossil-free commercial transport system in the timeframe of the Paris Agreement target is possible to achieve. The solution to get there is through smarter logistics, electrification of vehicles or biofuels. In June 2019, the coalition released its latest report, evaluating the real opportunities for companies to shift heavy transports to fossil-free options within Sweden.
“H&M Group has set an ambitious goal of becoming climate positive until 2040. The report shows that in order to achieve this climate goal and be able to implement smart, efficient and sustainable transport solutions, cooperation with key players in the value chain is absolutely vital,” said Anna Gedda, head of sustainability, H&M Group. (RR)
Fibre2Fashion News Desk – India
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