H&M Hennes & Mauritz AB (publ) is a leading global fashion company that was founded in Sweden in 1947. In addition to H&M, the group includes the brands COS, Monki, Weekday, & Other Stories, H&M Home, ARKET and Afound. The H&M Group has 47 online markets and more than 4,900 physical stores in 72 markets, including franchise markets.
With a strong sustainability commitment, H&M Group aims to lead the change towards a circular and renewable fashion industry, all while being a fair and equal company. As a Strategic Partner to the Ellen MacArthur Foundation, H&M Group sees a great opportunity to intensify its collaboration with the Foundation over the coming years, to explore further opportunities to apply circular economy principles across the organisation and its supply chain.
H&M Group is working closely with the Foundation across the following focus areas:
- Exploring solutions to create a closed loop for textiles, where unwanted clothes can be recycled into new ones.
- Setting sustainability targets for a circular fashion industry within planetary boundaries using a science-based approach.
- Applying circular economy principles to its sustainability strategies, both for commercial and non-commercial goods, such as packaging.