The H&M Foundation and Fotografiska Stockholm join forces in the quest to inspire and encourage positive change through the power of visual communication.
Welcome to the first episode of the H&M Foundation podcast! Why do we exist, really? What do we do and how are we driving positive change beyond the company sphere? Put your headphones on, take a 20 minutes’ walk or rest and press the play button!
Investors have a huge opportunity to generate impressive investment returns while making a significant difference to the planet. Planet Tracker’s new report explains the financial gains that can be made by investing in processes that lower the environmental footprint of wet processing.
Today, an ambitious project to address textile waste in Cambodia was announced. The lead role is played by the Green Machine, the world’s first technology that can recycle blend textiles at scale, developed by The Hong Kong Research Institute of Textiles and Apparel Limited (HKRITA) and the H&M Foundation.
The GCA Expert Panel has extensive knowledge within fashion, business, investments, entrepreneurship and innovation. They are part of selecting our winners and play an active role in the GCA Impact Accelerator. They all participate pro bono.
The fashion industry is huge. According to Statista, the global apparel market is projected to grow in value from USD 1.5 trillion in 2020 to about 2.25 trillion dollars by 2025. Yet, the true cost of investments is not fully incorporated. Specifically, most investors and businesses do not currently price or value the environmental cost of their current practices, primarily because they do not know how these costs relate or convert in financial terms. However, their pressure and support are critical for senior management in companies to prioritize and accelerate transformation.
On December 16, Typhoon Rai, locally named Odette, hit Philippines with full force. The typhoon brought destruction and hardship to some of the most vulnerable communities in the country. H&M Foundation is donating USD 100,000 to the Red Cross to support the people affected.
With the power of visual communication, non-profit H&M Foundation and prominent photography museum Fotografiska are joining forces to inspire action connected to the urgent issues addressed in the UN’s Sustainable Development Goals.