H&M Foundation has been working with WaterAid to support access to clean water and sanitation, since 2014. During the second phase of our Global Program, 190,000 people in some of the world’s poorest communities were reached. Now, WaterAid has launched a learning report based on lessons emerging from the program.
The H&M Foundation is initiating a long-term project to support women garment workers in Bangladesh, affected by the global pandemic as well as the increased automation of the textile industry. Lives as well as millions of jobs are at risk, and there is an urgent need to minimize the negative impacts of COVID-19 on female textile workers as well as creating a skilled female workforce for the future.
Over the last months Covid-19 has created a global health and economic crisis that is testing everyone of us. For our 23 partners in 46 countries who are working to improve living conditions through projects within Education, Equality, Water and Planet this new reality has challenged the everyday work and the plans and goals that were set.
Women’s daily enterprise earnings increased by 91% and 33% more women took up leadership positions, thanks to our Global Program with CARE. Almost 270,000 women have been supported since 2014.
The world’s top 100 investors received an investment opportunity from Unfounded Ltd with the potential to unlock USD 330 billion in annual global revenue. The twist? The company might not be real, but the all the data and figures are – and so is the potential of women in business. Women make up half the world’s population, yet female-founded start-ups only get about 3% of global venture dollar volume. By not giving women entrepreneurs equal access to finance, investors keep missing out on what could become the new Apple Inc. or Amazon.com – every year.
Today is the International Day of the Girl. So, let’s talk about the importance of education of girls. We can celebrate that more girls are getting access to school but the truth is, many miss out or even drop out, simply because of periods.
Together with internationally acclaimed artist Aïda Muluneh, WaterAid and the H&M Foundation put the spotlight on women and the impact dirty water has on women’s lives and futures. The thought-provoking photo exhibition was showcased at Somerset House, London during the fall 2019.
A program to reduce children’s health barriers so that they can focus on learning in Harlem, New York, has been a great success. The attendance at the school has reached record numbers, and the initiative can be replicated by other schools.
Women’s income increased by 500% thanks to our program with CARE in Ethiopia. Furthermore, at the end of our program only 3.6% of the target group didn’t have any savings – compared to 70% in the beginning of the project. The program focused women living in the slums of Addis Ababa, and the results after three years show that with the right support, women can significantly improve their lives by becoming entrepreneurs.
On International Women’s Day on March 8, H&M Foundation was honored to be part of a global movement for gender equality together with UN Foundation, UN Women, decision makers, and different organizations at the United Nations headquarters in New York City.