H&M
Shareholders, Interest Groups Launch Two-Pronged Assault on Kraft’s Non-Recyclable Capri Sun Pouches
5 years ago - At a shareholder meeting on Tuesday, a proposal to Kraft Foods Group asserting that non-recyclable packaging — particularly that of Capri Sun pouches — is wasting valuable resources received the support of 29.2 percent of shares voted, according to As You Sow. The shares favoring the proposal have a market value of more than $9 billion.
‘Return on Meaning’: Top Meaningful Brands Enjoy 46% Higher Share of Wallet Than Low Performers
5 years ago - Meaningful Brands® – Havas Media Group’s metric of brand strength – is the first global study to show how our quality of life and wellbeing connects with brands at both a human and business level. The study includes 1,000 brands, 300,000 people, 12 industries and 34 countries; and covers the role brands play in our communities and our personal wellbeing, as well as marketplace factors that relate to product performance such as quality and price.
Trending: Plastic Hotel Sheets and a Dress Made from Beer … the Latest in Sustainable Textiles
5 years ago - This week, W Hotels Worldwide, part of Starwood Hotels & Resorts Worldwide, became the latest company to jump on the plastic-waste-to-fabric train when it announced a new partnership with global music artist and entrepreneur will.i.am and The Coca-Cola Company, to bring the EKOCYCLE™ brand to W Hotel rooms around the world.
#BusinessCase: Gap, H&M, Levi's, Target Mills Save $14.7M Through NRDC's Clean by Design Program
5 years ago - The Natural Resources Defense Council (NRDC) this week announced the stunning latest results of its Clean by Design program, a global model for sustainable manufacturing that is working with multinational apparel brand partners Target, Gap, Levi Strauss and H&M
H&M's 2014 Sustainability Report Shows Progress With Garment Collection Program
5 years ago - H&M more than doubled the amount of collected garments with its garment collective initiative in 2014, according to its new sustainability report. In total, more than 13,000 tons of textiles have been collected — as much fabric as in 65 million T-shirts.Now, the apparel company has established a new goal of increasing the amount of products made of recycled fibers by at least 300 percent by the end of 2015.
Worn Again Joins Forces with H&M, Kering to Create Circular Resource Model for Textiles
5 years ago - After years of searching for a solution to the worldwide problem of textile waste, pioneering textile upcycler Worn Again has joined forces with fashion retailer H&M and luxury, sport & lifestyle group Kering to bring to market a revolutionary innovation in clothing production and recycling.
March Madness: The Champions of Corporate Sustainability
5 years ago - March is here, and that means one thing to me — March Madness! For all its warts and shortcomings, the NCAA knows how to host a basketball championship. This tournament is so good that the first few days are now an unofficial national holiday, all leading up to the final game where one champion is crowned.
Norwegian Reality Series Shows Fashionistas the Dark Side of 'Dead Cheap Fashion'
5 years ago - What happens when you send three young fashionistas to a Cambodian sweatshop for a month? Aftenposten, Norway’s biggest newspaper, answered this question with a five-part, online reality TV series.In “Sweatshop: Dead Cheap Fashion,” fashion-conscious Norwegians Anniken Jorgensen, Frida Ottesen and Ludvig Hambro fly to Phnom Penh, where they work with and interview people that work in the type of facility that produces clothes for some of their favorite brands. The three step fully into the life of the average textile worker, sleeping on concrete, living on $3 a day and sewing for eight hours a day.
REI, adidas, Timberland and More Commit to Sourcing Down Responsibly
5 years ago - Six more global brands have committed to the Textile Exchange’s Responsible Down Standard (RDS). The adidas Group, Black Diamond, Kathmandu, NAU, REI and Timberland have agreed to bring certified, responsible down to the marketplace.
Report: Consumer Products, Manufacturing Sectors Enjoying Best Financial Returns on Solar
5 years ago - Consumer products, manufacturing and heavy industry sectors are getting the best financial returns on solar power—the most popular renewable power technology for corporates—according to a new report by RE100, an initiative of The Climate Group in partnership with CDP.
Creating Brands of Enduring Value: The 5 Trends Shaping CMO Success in 2015
6 years ago - The new buzzword among CEOs, entrepreneurs and ecologists is the idea of resilience: building the values, systems and behaviors within businesses and brands to cope with uncertainty and constant, disruptive change.From data breaches and hacked emails to information abundance and lightspeed digital evolution, uncertainty abounds.CMOs are at the center of these dynamics, balancing the complexities of brand reputation, consumer trust, instantaneous social media critiques, hyper-customization and, of course, business sales and growth.So, as we look to 2015, how can CMOs leverage these dynamics for competitive advantage and create enduring brands that deliver more value for consumers, employees, shareholders and society?
CDP Identifies 853 Water Risks Threatening Growth For World's Largest Companies
6 years ago - Two-thirds of the world's largest companies are reporting exposure to water risks, some of which have potential to limit growth, according to a new report by CDP. The news comes amid mounting shareholder concern around the business impacts from water scarcity, accessibility and poor water quality.
The North Face, H&M, Eddie Bauer Commit to More Responsible Down
6 years ago - The North Face, H&M, Eddie Bauer and several other leading international fashion, bedding and outdoor brands have adopted a third-party certification standard that can be applied to any waterfowl-based supply chain to help ensure humane treatment of animals from gosling to end product.
H&M CEO Calls for Annual Wage Reviews in Bangladesh
6 years ago - H&M CEO Karl-Johan Persson recently called for the need for annual wage revisions in Bangladesh in line with local price inflation.The comments came during an October 14 meeting with the country's Minister of Commerce, Tofail Ahmed."We see that costs in society are negating many of the positive effects of increased wages. This is due to the absence of efficient systems of control leaving both workers and business owners in a difficult situation," Persson said.For several years, the retailer has worked towards establishing a fair living wage in Bangladesh — a key supplier country. H&M sources products from around 300 factories in the country, employing over 600,000 workers.
World's Largest Retailers Take Stand Against Forced Labor in Uzbek Cotton Harvesting
6 years ago - With the annual International Uzbek Cotton and Textile Fair scheduled for October 14th and 15th in Tashkent, retailers and apparel brands are taking action to prevent Uzbek cotton from entering their supply chains. Markets for Uzbek cotton sourced with forced labor continue to diminish as consumers become more aware of the egregious human rights violations that occur during the Uzbek cotton harvest.
IKEA, Philips, H&M, Mars, Nestlé Launch Campaign to Lead Business Shift to 100% Renewables
6 years ago - IKEA, Swiss Re, BT, Formula E, H&M, KPN, Mars, Nestlé, Philips and Reed Elsevier were among businesses that joined a powerful group of NGOs and clean energy experts during Climate Week to launch of a multi-year initiative to encourage major companies to commit to using 100 percent renewable power.
H&M, Unilever Commit to Climate Change Disclosure as Matter of Fiduciary Duty
6 years ago - H&M, Unilever, Nestlé and several other leading companies and investors have committed to reporting climate change through the Climate Change Reporting Framework or other comparable frameworks as a matter of fiduciary duty, whether or not required by current regulation.This represents an unprecedented collective commitment and a practical step capable of enabling positive change in economic and financial market activity at scale.
Protest Prompts 8 Major Fashion Retailers to Support Wage Increase for Cambodian Workers
6 years ago - Thousands of workers took to the streets of Phnom Penh, in Cambodia, last week to protest for a near-doubling of the minimum wage for retailer workers there to US$177 (£110) a month. It seems their calls for fairer pay have sparked a response from the fashion industry, as eight leading retailers have now pledged to pay more for clothes produced there, according to the Guardian.
H&M Unveils Conscious Denim, Signs Agreement for More Conscious Supply Chain Management
6 years ago - H&M announced two new initiatives this week centered on the betterment of its supply chains, one from the social perspective and one from the environmental.First, the apparel company signed a unique agreement with ILO, under which the partners will address industrial relations, wages, capacity-building for social partners and skills development throughout H&M’s supply chain.
H&M, Swedfund Team Up to Drive Sustainability in Ethiopian Textile Industry
6 years ago - H&M has teamed up with Swedfund, a Swedish company that offers expertise and financial support to emerging markets within Africa, Asia, Latin America and Eastern Europe, in a rare collaboration to try to develop a more ethical Ethiopian textile industry. The main goal of the coupled effort, to be launched this fall, is to promote both high social and environmental standards in an industry which is characteristically plagued with a poor ethical standing.The possibility of a collaboration was brought to light following initial talks between the two companies, before culminating in a joint trip to examine factory conditions in Ethiopia in May.