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H&M Group is reducing its carbon footprint with major environmental targets.
The Sweden-based retailer outlined several new goals in its 2016 Sustainability Report, including a pledge to use 100 percent recycled or sustainably sourced materials by 2030, switch to 100 percent renewable electricity, and establish a climate positive supply chain by 2040. H&M Group also reported good progress with its fair living wage and industrial relations programs that currently benefit garment workers.
“We want to use our size and scale to lead the change towards circular and renewable fashion while making our company even more fair and equal. This is why we have developed a new strategy aiming to take our sustainability work to the next level,” H&M Group head of sustainability Anna Gedda said. “We want to lead by example, pave the way and try new things – both when it comes to the environmental and social side – to ultimately make fashion sustainable and sustainability fashionable.”