H&M Releases Its 2012 Sustainability Report
STOCKHOLM, March 21, 2013 /PRNewswire/ -- Today, H&M published its eleventh Conscious Actions Sustainability Report. Highlights from the 2012 report include:
- H&M is one of the first and largest fashion companies in the world to make its supplier factory list public.
- H&M is the first fashion retailer in the world to launch a global garment recycling initiative by collecting unwanted clothing to reprocess them for new use.
- H&M is the number one user of organic cotton in the world for the second consecutive year.
- H&M raised the support for higher wages and yearly wage reviews for garment workers during a personal meeting between the Prime Minister of Bangladesh, Sheikh Hasina and Karl-Johan Persson, CEO of H&M.
- H&M entered into a cutting edge, global water stewardship with WWF formulating a game-changing supply chain conscious water conservation strategy.
"We are proud of the achievements we have made during the year. H&M is transparent about the progress we make and the report is an important reflection of our efforts. Our customers should feel confident that everything they purchase from H&M is designed, manufactured and handled with responsibility for people and the environment," says Karl-Johan Persson, CEO of H&M.
Alongside the launch of the Sustainability Report, H&M publically released its supplier factory list, one of the first and largest fashion companies in the world to do so. The list covers around 95% of the total production volume. Behind this is a long record of preparatory work to build strong, strategic bonds with our suppliers, allowing us to disclose their names, their factories and their locations without major concerns about the ongoing competition for the best available production capacity in our industry. By publishing the list, H&M wants to contribute to a more transparent and ultimately more sustainable fashion industry. The list is available at hm.com/supplierlist.
H&M is the first fashion retailer to, on a global scale, offer our customer the opportunity to return old clothes, from any brand and in any condition, to our stores. This initiative is foremost an environmental project. H&M wants to reduce the amount of fashion that ends up in landfills and give these clothes a new future. In the long run H&M wants to make new clothes out of them and close the textile loop.
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