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Tag: H&M
Sweden’s largest solar power plant, the 100 MWp Hultsfred Solar Farm, is now delivering renewable energy to H&M Group through a long-term power purchase agreement (PPA). Located on the grounds...
Syre, a textile-to-textile recycling startup launched by H&M Group and impact investor Vargas, has raised $100 million in Series A funding to make circular polyester production a hyperscale reality within...
The News: Google, Stripe, and other Frontier coalition members are investing $80 million in carbon credits to fund two firms deploying innovative carbon capture technologies at paper mills and sewage...
H&M Group has strengthened its commitment to renewable energy through a virtual power purchase agreement (VPPA) with Lightsource bp for the 125MW Second Division solar project in Brazoria County, Texas....
Key Impact Points: The H&M Foundation has announced a significant strategic shift, now focusing on promoting just and fair climate solutions to achieve a net-zero textile industry by 2050. The...
Leading the Charge on Textile Waste Spain’s largest fashion companies, including Zara owner Inditex, H&M, Decathlon, Ikea, and Primark, will start collecting discarded clothes in April next year as part...
H&M Group has taken another bold step in its sustainability journey by participating in a landmark deal to combat deforestation in Brazil’s Amazon region. As part of the LEAF Coalition,...
The global fashion retailer H&M Group is investing in Rondo and joining Rondo’s Strategic Investor Advisory Board to explore the potential for heat storage technologies to help decarbonize the textile...
H&M Move is proud to announce the expansion of its Move Together community program through a new 2-year collaboration with Laureus Sport for Good in Paris. Building on the strength...
Report assesses 11 apparel and footwear companies’ insufficient efforts to eliminate fossil fuels from supply chains, manufacturing, shipping A 2024 report update to last year’s Fossil-Free Fashion Scorecard released today by environmental...
H&M boasts a team of dedicated sustainability experts working across its brands to achieve their environmental goals. The company’s progress report, the “Sustainability Disclosure” published in March 2024, details their...
Inditex, the owner of fashion giant Zara, is embroiled in a controversy surrounding its cotton sourcing practices. The company is demanding greater transparency from Better Cotton, a certifier of sustainable...
Alight, a leading European solar developer and independent power producer, and global fashion retailer H&M Group have signed long-term power purchase agreements (PPAs) to enable the construction of three new...
The H&M group, via its investment arm, H&M Group Ventures (formerly H&M CO:LAB), leads an investment round in materials science company Kintra Fibers. H&M Group, together with other notable investors...
Helena Helmersson met with the Prime Minister of Bangladesh, Sheikh Hasina, and the State Minister for Ministry of Foreign Affairs, Shahriar Alam, to discuss the development of the garment industry and the competitive position of the country. H&M Group and the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) also signed a Memorandum...
H&M Group has worked with sustainability for many years and 2022 marks the 20th anniversary of the company’s sustainability reporting. H & M Hennes & Mauritz AB’s integrated Annual and...
H&M Group achieved the highest score out of all the 43 brands included, with an overall score B-. The environmental advocacy organisation’s annual report rates fashion brands on five areas...
Looper Textile Co. is a standalone joint venture owned 50% by H&M Group and 50% by Remondis. Looper intends to collect, sort and sell used and unwanted garments and textiles and thereby extend the highest use of...
H&M is proudly introducing the next generation of denim created with circularity-driven innovation. This limited-edition drop is the first men’s denim collection constructed from fabrics with CIRCULOSE Viscose and TENCEL...
Lead funders include Lululemon, H&M Group, H&M Foundation, and The Schmidt Family Foundation. The $250M Fund will be used to identify, fund, scale, and measure verified impact solutions to decarbonize and modernize...
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