H&M
choose to make sustainability a key strategic vision because the company
believe in a better fashion future, where the main idea is to find.
People,
planet and profit: at H&M, they believe that being fully aware of the
interconnected nature of these three elements is the key to the long- term
success of the company in order to help us achieve their vision, they broke it
down into seven strategic, long-term commitments such as Provide fashion for
conscious customers, choose and reward responsible partners, be ethical, be
climate smart, use natural resources responsibly, reduce, reuse, and recycle,
strengthen communities. These commitments are an integral element of their
business strategy and they cover every stage of the product life cycle, from
designing their fashion to how customers care for the garments they buy.
According to the report 2011, external stakeholders and colleagues across the
business have built a process to identify and prioritize the actions that they
need to take over the short and medium term to help them to meet each of these
long-term commitments. They call all these their Conscious Actions. Along the
year they monitor the progress they make towards completing these actions,
review and improve our methods and add more actions.
According
to sustainability reporting 2011 by the organization textile exchange, H&H
is the biggest user of certified organic cotton in the world. In addition, they
started using organic cotton in 2004 and since 2007 H&M has offered a range
of 100% organic cotton garments. In 2011, we further increased the use of
organic cotton by more than 20% and it now represents 7.6% of entire cotton
use.
Shadow
Reporting: According to Raz Godelnik
(2014) a famous critique of triplepundit ,
H&M provided 894,975 workers
in Bangladesh and India education
about their
rights since 2008”. As these steps
sounds great to Raz Godelnik, it doesn’t really explain the value of
education H&M provides to workers and to what degree. Also, he is not even
sure whether the company’s planned fair living wage is really fair. After the infamous, Rana
Plaza Building
tragedy in Bangladesh, H&M was the one of those global retailers
who were reluctant to sign the accord
for the labor safety in the perspective factories.
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