, APAC
Sustainable materials Lyocell | H&M Group image

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.

 

Follow the link for more news on

Join Retail Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!