Accelerating change

H&M Foundation is privately funded by the Stefan Persson family, founders and main owners of the H&M Group. We use philanthropic resources to find, fund and facilitate disruptive innovations, initiatives and research that enable a socially inclusive and planet positive textile industry.

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Learn more about our work through our latest news, stories and insights.

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Wanted: ideas that can turn the fashion industry planet positive

STOCKHOLM; 20 October, 2022 – The world’s largest innovation challenge to transform the fashion and textile industry is now open for applications. The Global Change Award – called the ‘Nobel Prize of Fashion’ – is part of transforming fashion and turning the entire industry planet positive. Now, we are calling innovators and entrepreneurs to apply for the GCA 2023. Five winners share a grant of 1 million euro, provided by the H&M Foundation, and get access to our one-year long GCA Impact Accelerator.
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Women garment workers face an uncertain future in the RMG sector

Two reports, based on thorough scenario planning, clearly show that the RMG the sector in Bangladesh is headed towards an uncertain future, which is going to negatively affect women garment workers. The results serve as a baseline for H&M Foundation’s latest long-term initiative aiming to futureproof the female workforce for an increasingly automated and digital future.

s Our work

To safeguard the welfare of humanity our mission is to catalyse the fashion industry to become planet positive and to accelerate the development for inclusive societies. In 2020, we changed our strategy to throw fewer pebbles but make bigger waves by working in complex ecosystems to create long-lasting change from the ground up. For real impact, we openly share our new ideas, insights and practices to inspire others to replicate and scale.

a About us

The H&M Foundation is a non-profit foundation for public good, privately funded by the Stefan Persson family, founders and main owners of the H&M Group. We work to fast-track the achievements of the UN Sustainable Development goals by 2030, to safeguard humanity and our planet.