STOCKHOLM, Sweden, 2015-3-17 — /EPR Retail News/ — The H&M Conscious Foundation, an independent non-profit global foundation, today makes a donation to the victims and the families affected by the Rana Plaza collapse two years ago. This is the second donation from the H&M Conscious Foundation. H&M has never had any production at any of the factories situated in Rana Plaza, so the H&M Conscious Foundation bases the decision for donation on humanitarian grounds. The donation of USD 100,000 will go exclusively to further support the victims and their families through the fund managed by the UN body the International Labor Organization.
The mission of the Foundation is to drive long lasting positive change and improve living conditions by investing in people, communities and innovative ideas. In case of natural disasters in countries where H&M operates, the H&M Conscious Foundation can provide emergency relief. The H&M Conscious Foundation has for instance earlier supported victims of the Haiyan typhoon in the Philippines in 2013, flood victims in India in 2013 as well as flood victims in Nepal, India and Bangladesh in 2014.
H&M will continue its work with fire and building safety issues, as these questions are very important to the company. H&M has worked pro-actively with its suppliers for many years and was also the first company to sign the Bangladesh Accord on Fire and Building Safety in May 2013. Over 190 brands in the textile industry have now signed the Accord to work together with the ILO, global unions IndustriALL and UNI Global as well as Bangladesh trade unions for a more safe industry.
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