The H&M group outlines new goals and commitments in its Sustainability Report 2016

Stockholm, SWEDEN, 2017-Apr-05 — /EPR Retail News/ — The H&M group Sustainability Report 2016 is published today (4 APR, 2017), outlining several new goals including a commitment to use 100% recycled or other sustainably sourced materials by 2030 and to become climate positive throughout its entire value chain by 2040.

Another key highlight is the commitment to switch to 100% renewable electricity. In 2016, 96% of the company’s global electricity in its own operations  came from renewable sources.  The report also mentions that H&M in 2016 was named the biggest global user of cotton certified by the Better Cotton Initiative. When it comes to recycling and reuse, the H&M group is continuing to drive an ambitious development plan. Since the start of the global Garment Collecting initiative in 2013, the H&M group has collected 39,000 tonnes of unwanted textiles. By 2020 the company aims to collect at least 25,000 tonnes of textiles every year. The report also shows that the work to scale-up the H&M group’s industrial relations and fair living wage programs continues with good progress.

“We want to use our size and scale to lead the change towards circular and renewable fashion while making our company even more fair and equal. This is why we have developed a new strategy aiming to take our sustainability work to the next level, says Anna Gedda, Head of Sustainability at the H&M group. “We want to lead by example, pave the way and try new things – both when it comes to the environmental and social side – to ultimately make fashion sustainable and sustainability fashionable. Our climate positive strategy is one way of doing this”, she adds.

Read further details and highlights from the report below. The entire report and a summary of its highlights are also available to read and download.

THE H&M GROUP TO BECOME CLIMATE POSITIVE BY 2040

The H&M group’s goal is to become climate positive throughout its entire value chain by 2040 at the latest. The company will work to reduce more greenhouse gas emissions than its value chain emits. To become climate positive, the H&M group focuses on energy efficiency, renewable energy and to address unavoidable emissions through activities strengthening the planets ability to recover and resist climate change, as well as supporting technological innovations making it possible to absorb greenhouse gases.

  • Climate positive by 2040 throughout the H&M group’s entire value chain.
  • The H&M group commits to a climate neutral supply chain for tier 1–2 by 2030.
  • The H&M group has a commitment to use 100% renewable energy in its own operations; the share increased to 96% in 2016 from 78% in 2015.
  • In 2016, the H&M group reduced its CO2 emissions by 47% compared to 2015.
  • The H&M group is a proud member of the WWF Climate Savers program.

100% RECYCLED AND OTHER SUSTAINABLY SOURCED MATERIALS BY 2030

H&M releases a new goal to use only recycled or other sustainably sourced materials in all its products by 2030.  H&M gradually takes steps towards this goal and its vision to become fully circular. H&M is globally the biggest user of cotton certified by the Better Cotton Initiative and responsible sourced down. It is also one of the biggest users of organic cotton, recycled polyester and Tencel®Lyocell. To push the development forward, collaborations based on science is important. H&M has therefore initiated a research project with the Ellen MacArthur Foundation and the Stockholm Resilience Centre at Stockholm University to find out how a circular system for producing and using textiles, which is less dependent on scarce natural resources, would look like.

  • By 2030, H&M aims to use only recycled or other sustainably sourced materials in its products. In 2016, this share was 26%.
  • In 2016, 43% of H&M’s total cotton use came from sustainable sources. The goal is to use only such cotton by 2020.
  • H&M used recycled polyester equivalent of more than 180 million PET bottles in 2016.
  • 100% of H&M’s sourced down has a Responsible Down Standard certification.
  • H&M is the biggest user globally of Better Cotton and responsibly sourced down.

16,000 TONNES OF TEXTILES COLLECTED IN STORES DURING 2016

The H&M group is stepping up its ambitions when it comes to recycling and reuse, and announces a new goal closely connected to its circular approach; to annually collect at least 25,000 tonnes of textiles in its stores by 2020. In total, 39,000 tonnes of textiles was collected since the start of the Garment Collecting initiative in 2013.

  • During 2016, 16,000 tonnes of textiles were collected.
  • Since 2013, 39,000 tonnes of textiles has been collected in stores.
  • By 2020, the goal is to annually collect 25,000 tonnes.

SCALE UP OF FAIR LIVING WAGE AND INDUSTRIAL RELATIONS PROGRAMS

Improved working conditions in the textile industry are dependent on a well-functioning dialogue in the labour market as well as at the factories. The H&M group is therefore continuing to scale-up its industrial relations and fair living wage programs. As part of this, the H&M group’s work to implement improved wage management systems at supplier factories continues with good progress, as well as the trainings on workplace dialogue for workers and management. Collaborations continue to be important, including for example those with IndustriALL and the Swedish trade union IF Metall within the Global Framework Agreement, which after several positive results was converted into a permanent agreement in 2016.

  • 140 supplier factories are implementing improved wage management systems covering around 250,000 workers.
  • In total 290 supplier factories are part of the workplace dialogue programs covering around 370,000 workers.
  • These programs are being implemented in 8 production countries.

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

Source: H&M

The H&M group’s sales increased by 12 percent in October 2015 YoY

STOCKHOLM, SWEDEN, 2015-11-16 — /EPR Retail News/ — The H&M group’s sales including VAT increased by 12 percent in local currencies in October 2015 compared to the same month last year.

The total number of stores amounted to 3,807 on 31 October 2015 compared to 3,437 on 31 October 2014.

Percentage sales development for the month of November and total revenue in SEK for the fourth quarter (September to November) will be published in a separate press release at 08.00 (CET) on 15 December 2015. The Full-year Report, covering the period 1 December 2014 to 30 November 2015, will be published on 28 January 2016.

Karl-Johan Persson, CEO

 

GLOBAL MEDIA ENQUIRIES
Only press enquiries
Phone: +46 8 796 53 00
Email: mediarelations@hm.com

All other enquiries
H&M switchboard +46 8 796 55 00
Email info@hm.com

Head of Communications
Kristina Stenvinkel
+46 8 796 39 08

Head of Media Relations
Camilla Emilsson Falk
+46 8 796 39 95

SOURCE: H&M

The H&M group’s sales up by 11 percent in September 2015 YoY

STOCKHOLM, 2015-10-16 — /EPR Retail News/ — The H&M group’s sales including VAT increased by 11 percent in local currencies in September 2015 compared to the same month last year.

Sales development per month in percent in local currencies:

The total number of stores amounted to 3,733 on 30 September 2015 compared to 3,338 on

30 September 2014.

Percentage sales development for the month of October will be published on 16 November 2015.

Karl-Johan Persson, CEO

GLOBAL MEDIA ENQUIRIES

Only press enquiries

Phone: +46 8 796 53 00
Email: mediarelations@hm.com

All other enquiries
H&M switchboard +46 8 796 55 00
Email info@hm.com

Head of Communications
Kristina Stenvinkel
+46 8 796 39 08

Head of Media Relations
Camilla Emilsson Falk
+46 8 796 39 95

SALES DEVELOPMENT IN SEPTEMBER 2015

The H&M Group reports 10 percent increase in sales including VAT and in local currencies in March 2015 vs. same month the previous year

STOCKHOLM, Sweden, 2015-4-15 — /EPR Retail News/ — The H&M Group’s sales including VAT increased by 10 percent in local currencies in March 2015 compared to the same month the previous year.

The total number of stores amounted to 3,580 on 31 March 2015 versus 3,216 on 31 March 2014.

Percentage sales development for the month of April will be published in a press release on 15 May 2015 at 08.00 (CET).

Karl-Johan Persson, CEO

Contact: Nils Vinge, Head of IR, +46 8 796 5250.

The information in this press release is that which H & M Hennes & Mauritz AB (publ) is required to disclose under Sweden’s Securities Market Act. It was released for publication at 08.00 (CET) on 15 April 2015.

H & M Hennes & Mauritz AB (publ) was founded in Sweden in 1947 and is quoted on Nasdaq OMX Stockholm. The company’s business concept is to offer fashion and quality at the best price. In addition to H&M, the Group includes the brands COS, Monki, Weekday, Cheap Monday, & Other Stories as well as H&M Home. The H&M Group has more than 3,500 stores in 57 markets. In 2014, sales including VAT amounted to more than SEK 176,6 billion and the number of employees was more than 132,000.

For further information, visit www.hm.com

The H&M Group reports 15% sales increase including VAT in local currencies in February 2015 vs last year’s same month

The H&M Group’s sales including VAT increased by 15 percent in local currencies in February 2015 compared to the same month the previous year.

STOCKHOLM, SWEDEN, 2015-3-16 — /EPR Retail News/ — In the first quarter, i.e. 1 December 2014 to 28 February 2015, sales increased by 15 percent including VAT in local currencies compared to the corresponding quarter last year. Sales in the first quarter converted into SEK increased by 25 percent and amounted to SEK 46,791 m (37,524) including VAT. Sales excluding VAT amounted to SEK 40,276 m (32,143).

The total number of stores amounted to 3,551 on 28 February 2015 versus 3,192 on 28 February 2014.

Percentage sales development for the month of March will be published in a press release on 15 April 2015 at 08.00 (CET).

Karl-Johan Persson, CEO

Contact: Nils Vinge, Head of IR, +46 8 796 5250.

The information in this press release is that which H & M Hennes & Mauritz AB (publ) is required to disclose under Sweden’s Securities Market Act. It was released for publication at 08.00 (CET) on 16 March 2015.

H & M Hennes & Mauritz AB (publ) was founded in Sweden in 1947 and is quoted on Nasdaq Stockholm. The company’s business concept is to offer fashion and quality at the best price. In addition to H&M, the Group includes the brands COS, Monki, Weekday, Cheap Monday, & Other Stories as well as H&M Home. The H&M Group has more than 3,500 stores in 55 countries. In 2014, sales including VAT amounted to more than SEK 176,6 billion and the number of employees was more than 132,000.
For further information, visit hm.com.

GLOBAL MEDIA ENQUIRIES

Only press enquiries

Phone: +46 8 796 53 00
Email: mediarelations@hm.com

All other enquiries

H&M switchboard +46 8 796 55 00
Email info@hm.com

Head of Communications
Kristina Stenvinkel
+46 8 796 39 08

Head of Media Relations
Camilla Emilsson Falk
+46 8 796 39 95

The H&M Group’s sales including VAT increased by 14% in local currencies in January 2015 compared to the same month the previous year

STOCKHOLM, SWEDEN, 2015-2-16 — /EPR Retail News/ — The H&M Group’s sales including VAT increased by 14 percent in local currencies in January 2015 compared to the same month the previous year.

The total number of stores amounted to 3,541 on 31 January 2015 versus 3,184 on 31 January 2014.

Percentage sales development for the month of February and the total sales in SEK for the first quarter (December-February) will be published in a separate press release on 16 March 2015 at 08.00 (CET).

The Three-Month Report, covering the period 1 December 2014 to 28 February 2015, will be published on 24 March 2015 at 08.00 (CET).

Karl-Johan Persson, CEO

Contact: Communications and Press Department +46 8 796 53 00.

The information in this press release is that which H & M Hennes & Mauritz AB (publ) is required to disclose under Sweden’s Securities Market Act. It was released for publication at 08.00 (CET) on 16 February 2015.

H & M Hennes & Mauritz AB (publ) was founded in Sweden in 1947 and is quoted on Nasdaq Stockholm. The company’s business concept is to offer fashion and quality at the best price. In addition to H&M, the Group includes the brands COS, Monki, Weekday, Cheap Monday, & Other Stories as well as H&M Home. The H&M Group has more than 3,500 stores in 55 countries. In 2014, sales including VAT amounted to more than SEK 176,6 billion and the number of employees was more than 132,000.
For further information, visit hm.com.

GLOBAL MEDIA INQUIRIES

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

Head of Communications
Kristina Stenvinkel
+46 8 796 39 08

Head of Media Relations
Camilla Emilsson Falk
+46 8 796 39 95

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.

The H&M Group reports 14% increase in sales including VAT in local currencies in October 2014 compared to the same month last year

Stockholm, Sweden, 2014-11-17— /EPR Retail News/ — The H&M Group’s sales including VAT increased by 14 percent in local currencies in October 2014 compared to the same month last year.

The total number of stores amounted to 3,437 on 31 October 2014 versus 3,081 on 31 October 2013.

Percentage sales development for the month of November and total revenue in SEK for the fourth quarter (September to November) will be published in a separate press release at 08.00 (CET) on 15 December 2014. The Full-year Report, covering the period 1 December 2013 to 30 November 2014, will be published on 28 January 2015.

Karl-Johan Persson, CEO

Contact person: Nils Vinge, IR Manager          +46-8-796 5250

The information in this press release is that which H & M Hennes & Mauritz AB (publ) is required to disclose under Sweden’s Securities Market Act. It was released for publication at 08.00 (CET) on 17 November 2014.

H & M Hennes & Mauritz AB (publ) was founded in Sweden in 1947 and is quoted on NASDAQ OMX Stockholm. The company’s business concept is to offer fashion and quality at the best price. In addition to H&M, the Group includes the brands COS, Monki, Weekday, Cheap Monday, & Other Stories as well as H&M Home. The H&M Group has more than 3,400 stores in 55 markets.

In 2013, sales including VAT were approximately SEK 150 billion. The number of employees amounts to more than 116,000.
For further information, visit hm.com.

 

The H&M Group reports 19 percent sales increase in August 2014 compared to the same month last year

Sales development in August and the third quarter 2014

Stockholm, Sweden, 2014-9-15— /EPR Retail News/ — The H&M Group’s sales including VAT increased by 19 percent in local currencies in August 2014 compared to the same month last year.

In the third quarter of 2014, i.e. during the period 1 June to 31 August, sales including VAT increased by 16 percent in local currencies.

Sales including VAT in the third quarter converted into SEK amounted to SEK 45,259* m (37,411).

Sales excluding VAT amounted to SEK 38,805* m (32,040).

The total number of stores amounted to 3,341 on 31 August 2014 versus 2,964 on 31 August 2013.

The Nine-Month Report, covering the period 1 December 2013 – 31 August 2014, will be published on 25 September 2014 at 08.00 (CET). Percentage sales development for the month of September will be published on 15 October 2014.

* The amounts are provisional and may deviate slightly from the Interim Report that will be released on 25 September 2014.

Karl-Johan Persson, CEO

Contact person: Nils Vinge, IR Manager           +46-8-796 5250

The information in this press release is that which H & M Hennes & Mauritz AB (publ) is required to disclose under Sweden’s Securities Market Act. It was released for publication at 08.00 (CET) on 15 September 2014.

H & M Hennes & Mauritz AB (publ) was founded in Sweden in 1947 and is quoted on NASDAQ OMX Stockholm. The company’s business concept is to offer fashion and quality at the best price. In addition to H&M, the Group includes the brands COS, Monki, Weekday, Cheap Monday, & Other Stories as well as H&M Home. The H&M Group has more than 3,300 stores in 54 markets. In 2013, sales including VAT were approximately SEK 150 billion. The number of employees amounts to more than 116,000. For further information, visit hm.com.