Business of Fashion’s first ever annual report names H&M among the top global employers

Business of Fashion’s first ever annual report names H&M among the top global employers

 

H&M has made the Business of Fashion’s first ever annual report on The Best Companies to work for in Fashion in 2017, which spotlights the top global employers in the industry today.

STOCKHOLM, Sweden, 2017-Apr-26 — /EPR Retail News/ — “H&M’s commitment to being a great employer is made possible by listening to our employee’s feedback in order to make positive impacts to our organization. H&M’s values come together to form a culture where everyone can work together at a fast pace and rely on each individual’s unique knowledge, skills and experience.” says Helena Thybell, Global Head of HR of the H&M group.

Today (24 APR, 2017) the H&M group has over 161,000 employees globally and aims for diversity across all of its teams. Diversity creates positive energy, contributes to innovation and creativity and improves the ability to deal with change. Employees being their unique selves are highly valued and is an integral part of the company culture. H&M believes in early responsibility and from day one fosters an environment where it is possible to grow internally in a career in retail based on each employee’s individual strengths.

“At H&M we believe that our colleagues are one of our greatest strengths that contributed to our success and growth. We truly believe that working at H&M is not just a job but a long term career in the fashion industry,” says Karl-Johan Persson, CEO of the H&M group.

The Business of Fashion surveyed over 2,600 industry professionals, representing more than 190 leading fashion companies from around the world, for their first annual report on The Best Companies To Work For In Fashion. The report provides an objective assessment of the top global fashion employers based on 29 different data points and detailed qualitative feedback gathered. Employee sentiments were measured across three main indices: rewards and benefits; leadership and development; and working culture and environment. Based on overall performance, 16 companies were identified as the top performers and champions in one or more of these key areas.

For the full list of The Best Companies to Work for in Fashion 2017 please visit: businessoffashion.com/careers/best-fashion-companies-to-work-for/2017

Contact:

Phone: +46 8 796 55 00
Fax: +46 8 20 99 19

Source: H&M

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Kinnevik and H&M to set up support program to help local social entrepreneurs in Ethiopia

Through their foundations, Reach for Change and H&M Conscious Foundation, Kinnevik and H&M are jointly supporting social entrepreneurs that improve the situation for women and youth in Ethiopia.

Stockholm, Sweden, 2014-11-7— /EPR Retail News/ — Through their respective foundations the companies are investing 8.8 million SEK over three years to set up a support program to help local social entrepreneurs in the country grow and become financially sustainable.

“Having two Swedish companies of this size join forces to invest in social entrepreneurship to benefit women and youth through their respective foundations is unique. We are joined by common traditions of entrepreneurship and innovation. Now we shall jointly use these strengths to contribute to a positive development in Ethiopia”, says Helena Thybell, Global Manager, H&M Conscious Foundation.

H&M has recently started collaborating with Ethiopian suppliers, and Kinnevik has made one investment in a small Ethiopian company earlier this year. For this reason, the two companies have decided to work together to strengthen local initiatives and promote long-term positive development in Ethiopia.

This joint effort will initially focus on identifying social entrepreneurs with the potential to create sustainable change for women and youth in Ethiopia. The social entrepreneurs have in common that they are persons with a strong drive to create positive social change; they find new solutions to local social problems and use innovative methods to turn their ideas into reality.

“One individual can change a society for the better if he or she is given the right support. Experience shows that our method for creating social impact is equally effective in countries as vastly different as DR Congo, Kazakhstan and Sweden. We are very grateful for this opportunity to also spread it to Ethiopia”, says Sara Damber, co-founder and CEO, Reach for Change.

The entrepreneurs will be given financial support, access to business expertise and networking opportunities to grow and develop their initiatives. The model for finding and supporting social entrepreneurs has been developed by Reach for Change and already implemented in nine countries across the world.

Two examples of social entrepreneurs supported by Reach for Change that have realized their ideas is Naomi Kuseyo who has successfully given hospitalized children in DR Congo access to education inside hospitals and Hayford Siaw who has developed a concept for mobile libraries that has given children in rural areas in Ghana access to literature and thereby increased literacy levels.

About H&M Conscious Foundation
The H&M Conscious Foundation is an independent non-profit global foundation initiated in connection with H&M’s 60th anniversary in 2007. The foundation is the philanthropic arm complementing H&M’s sustainability work. Through its support to programs and initiatives, the H&M Conscious Foundation strives to make positive impact on policy level and in the everyday life for people and communities where H&M operates. For further information, visit hm.com/consciousfoundation.

About Reach for Change
Reach for Change is a non-profit organisation founded by Kinnevik and Sara Damber to improve youth’s lives. Reach for Change finds and develops Change Leaders – local social entrepreneurs with innovations that solve some of the most pressing issues facing youth. The entrepreneurs are helped to scale their innovations through seed funding, access to business expertise and networking opportunities. Launched in Sweden in 2010, Reach for Change is now operating in 15 countries on three continents. In 2013, the Change Leaders in the Reach for Change incubator improved lives for more than one million youth globally.

GLOBAL MEDIA INQUIRIES

Only for media representatives
Phone: +46 8 796 53 00
Email: mediarelations@hm.com

Please note the contact details above are only for media representatives. For other enquiries contact H&M’s switchboard on +46 8 796 55 00.

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Kinnevik and H&M to set up support program to help local social entrepreneurs in Ethiopia

Kinnevik and H&M to set up support program to help local social entrepreneurs in Ethiopia

H&M Conscious Foundation and Global Citizens around the world call on World Leaders to end extreme poverty by 2030

Stockholm, Sweden, 2014-10-1— /EPR Retail News/ — During the festivities around the third annual Global Citizen Festival H&M Conscious Foundation Ambassador Alek Wek and Global Manager Helena Thybell entered the stage to make a commitment, and to state an example of organizations taking action against extreme poverty. The Foundation committed to giving 250,000 children in the world’s poorest countries access to clean water and toilets in school, through a partnership with WaterAid.

The commitment was announced on stage during the third annual Global Citizen Festival on September 27th, in front of 60,000 people on the Great Lawn in Central Park, New York. The event brought together celebrity hosts including Hugh Jackman and Jessica Alba, artists like Jay Z, No Doubt and Carrie Underwood, and World Leaders like Narendra Modi, Prime Minister of India; Sheikh Hasina, Prime Minister of the People’s Republic of Bangladesh and United Nations Secretary-General Ban Ki-moon.

During the Festival super model and H&M Conscious Foundation Ambassador Alek Wek entered the stage together with the Foundation’s Global Manager Helena Thybell, both dressed in H&M.  While on stage, Wek explained, “When schools don’t have toilets girls drop out as their periods start. Also, as children are vulnerable to diseases, they often get too sick to attend.”

“That’s why H&M Conscious Foundation will join forces with Global Citizens around the world to call on World Leaders to drive change and ensure that water, sanitation and hygiene are made a priority in the roadmap to end extreme poverty by 2030”, she announced.

Global Manager Helena Thybell continued: “To match our words with action, the H&M Conscious Foundation is donating $ 9.3 million USD to WaterAid, to transform lives by delivering water, sanitation and hygiene in schools. 250 000 students will directly benefit from this three year program.”

The H&M Conscious Foundation also took the lead in inviting other companies to join in; and as a result of that we got to see P&G and Unilever delivering commitments connected to water and sanitation during the festival.

H&M US also served as the official retail partner of the Festival, providing organic cotton ”Concsious” t-shirts for the IMPACK (Global Citizen Action Pack), which give Global Citizens the opportunity to take action through the purchase of this pack. All profits from IMPACK sales support organizations such as UNICEF, leading the fight against extreme poverty.

Furthermore, H&M will sell their Conscious Denim collection at the Global Citizen Festival Pop-Up Shop at the Free & The Brave at the Paramount Hotel through October 22. A portion of proceeds from the sales will be donated to The Global Poverty Project, the host organization of the Festival. H&M will also have a recycling bin at the pop-up shop where customers can drop off a bag of gently used clothing and receive a coupon for 15% off their next purchase at H&M.

More about the Global Program
In schools without facilities teachers don’t want to teach, girls miss school as their periods start and children get too sick to attend. Tragically around 500,000 die every year from diarrhea caused by unsafe water and poor sanitation. The lack of essential services can have a negative impact on health, learning and development as well as wider issues including gender equality and economic growth.

By joining forces with WaterAid in a global flagship program, and contributing with a funding of 9,3 million USD (180 million SEK) the H&M Conscious Foundation will provide 250 000 students, in the world’s poorest countries, clean water and sanitation over the upcoming three years.

As part of this program, WaterAid will also advocate and influence decision makers and practitioners in order to make sure that the issue of water, sanitation and hygiene education is politically prioritized, and financially resourced.

H&M Conscious Foundation is a non-profit non-profit global foundation initiated by H&M. The mission of the Foundation is to contribute to positive long-term change for people and communities, beyond the value chain, complementing H&M’s sustainability work. Thanks to the Stefan Persson family’s substantial donation of 105 million USD (700 million SEK) since 2013, it is possible for the H&M Conscious Foundation to make real impact for people and communities within the focus areas Education, Clean Water and Strengthening Women.

GLOBAL MEDIA INQUIRIES

Only for media representatives
Phone: +46 8 796 53 00
Email: mediarelations@hm.com

Please note the contact details above are only for media representatives. For other enquiries contact H&M’s switchboard on +46 8 796 55 00.

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H&M Conscious Foundation and Global Citizens around the world call on World Leaders to end extreme poverty by 2030

H&M Conscious Foundation and Global Citizens around the world call on World Leaders to end extreme poverty by 2030