Promoting just climate solutions for the textile industry
H&M Foundation supports the industry in halving its greenhouse gas emissions every decade by 2050, while promoting a just transition for both people and the planet. We use philanthropic resources to fund vital research and breakthrough innovation, develop impactful partnerships and create storytelling that inspires change.

Why the future of cotton might not need a field
Magtech is testing a different way to grow cotton with the help of AI.

Four futures for textiles in 2040
Nobody knows what the industry will look like in 2040. Four scenarios help test today’s decisions against different futures.
H&MF newsletter
Stay in the loop with our newsletter It Matters. With It Matters, we want to spotlight what’s working. Because behind the bold target lies countless stories of transformation, breakthroughs, and innovations born from collaboration, necessity, and progress driven by those who refuse to accept the impossible.
Latest
Learn more about our work through our latest news, stories and insights.
-

Textile Futures 2040: four possible futures for the textile industry
Together with Forum for the Future, we are launching Textile Futures 2040, four scenarios that help industry leaders test today’s decisions against different possible futures. An open toolkit lets any…
-

Designing circularity for inclusion and scale
At Textile Exchange 2026 in Vancouver, conversations repeatedly came back to one challenge: how do we move from ambition to implementation? Our takeaway is that the answer lies in who…
-

Why the future of cotton might not need a field
A project between the Spanish hydroponic-farming company Magtech and H&M Group’s Circular Innovation Lab is testing a different way to grow cotton: without soil and in a closed loop of…
-

Raising capital: lessons from three founders scaling circular innovation
Raising capital is often described as a numbers game. For textile innovators, it can mean speaking to more than 100 investors before finding the right partner. We asked three former…
-

Supporting earthquake response in Colombia
A powerful 7.4 magnitude earthquake struck western Colombia on 10 August, causing widespread damage across the Pacific region. In response, H&M Foundation is donating USD 150,000 to Save the Children…
Our projects
We support projects across the textile value chain that target high-emission areas and key points of leverage – where our philanthropic strengths can make the greatest difference.
