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H&M Foundation Supports New Groundbreaking Fund Aiding Women

H&M Foundation is a founding partner and investor in the Resilience Fund for Women in Global Value Chains, a first-of-its-kind collaborative funding initiative.

Through an innovative model, the Resilience Fund for Women brings together investors with local women-led organisations and local women’s funds to create systemic, lasting change for women and girls in a way that best fits their communities. The fund aims to raise at least USD 10 million in pooled funding over three years to support locally driven solutions that support the long-term health, safety, and economic resilience of women who form the backbone of global value chains.

“We are proud to be part of this new initiative and collaboration, focusing on both systemic change and innovative solutions with a clear bottom-up approach.”

Diana Amini, Global Manager, H&M Foundation 

“Women are uniquely and disproportionately harmed by the consequences of the pandemic. No company or organization will be able to drive this agenda on their own, partnerships that combine different perspectives, sectors, and kinds of knowledge is crucial. We are therefore proud to be part of this new initiative and collaboration, focusing on both systemic change and innovative solutions with a clear bottom-up approach,” says Diana Amini, Global Manager, H&M Foundation. 

The fund was jointly developed by BSR, the United Nations Foundation’s Universal Access Project, and Women Win/Win-Win Strategies with founding partners and investors Gap Foundation, PVH Foundation and The VF Foundation as well as the H&M Foundation.

Innovation is key to H&M Foundation’s updated strategy launched earlier this year, with a focus on projects within the areas Planet Positive and Inclusive Societies.

Notes to editors

For more information, please contact

Malin Björne, Communications Manager, H&M Foundation
Phone +46 70 796 39 75
E-mail: malin.bjorne@hmfoundation.com


Resources

The Resilience Fund (resiliencefundforwomen.org)