H&M outperforms over 40 fashion brands in emissions reductions
The company scored a B- in Stand.earth’s 2023 Fossil Free Fashion scorecard.
H&M outperformed 42 other fashion companies after scoring B- in Stand.earth’s 2023 Fossil Free Fashion scorecard.
The scorecard measures a brand’s performance in five key areas, such as commitments and transparency, renewable energy, low-carbon materials, and shipping and advocacy.
Read more: Over two-thirds of largest fashion firms score low in sustainability
“Stand.earth’s rating confirms H&M Group is on the right path. However, science shows we need to work faster and take even stronger actions to keep temperature rise within 1.5°,” Leyla Ertur, H&M Group Head of Sustainability, said.
“We are committed to achieve net-zero by 2040, reduce our supply chain emissions, move away from using virgin materials and work with stakeholders to ensure a policy environment that encourages rapid action."
More than two-thirds of the companies included in the report scored a “D” or an “F,” Stand.earth reported.