H&M commended for its advanced decarbonisation model

H&M has been commended for its Scope 3 targets, supplier financing for clean energy, and policy advocacy. The brand is providing low-cost loans for new energy to suppliers in Asia. Aim is to become net zero by 2040 across its supply chain. Only three out of 42 brands cutting emissions fast enough to align with 1.5°C targets. Most peers lag, with 40 per cent increasing emissions since baseline years.

Jun 23, 2025 - 04:35

H&M commended for its advanced decarbonisation model

H&M has been commended for its Scope 3 targets, supplier financing for clean energy, and policy advocacy. The brand is providing low-cost loans for new energy to suppliers in Asia. Aim is to become net zero by 2040 across its supply chain. Only three out of 42 brands cutting emissions fast enough to align with 1.5°C targets. Most peers lag, with 40 per cent increasing emissions since baseline years.