H&M recognised for global supply chain transparency efforts

Original Post Source

The retailer has been awarded the Freedom House Corporate Leadership Award, which recognises businesses for their principled policies and strong leadership regarding human rights

Swedish fashion giant Hennes & Maurtiz (H&M) has been recognised for its leadership in advancing global supply chain transparency by US independent watchdog Freedom House.

The retailer has been awarded the Freedom House Corporate Leadership Award, which recognises businesses for their principled policies and strong leadership regarding human rights.

Founded in 1974, Freedom House was the first American organisation to champion the advancement of freedom globally and is now dedicated to the expansion of freedom and democracy around the world. It works to analyse the challenges to freedom, advocate for greater political rights and civil liberties, and support frontline activists to defend human rights and promote democratic change.

“H&M was among the earliest adopters of the UN Guiding Principles on Human Rights, one of the first global fashion companies to make its supplier factory list public, and the first to disclose the names of its second-tier suppliers,” says Freedom House president, Michael Abramowitz. “Its principled corporate policies not only strongly incorporate international human rights standards but, as one of the world’s largest producers of clothing, their actions carry exceptional weight that set an example for the fashion industry.”

As a global company, H&M says it is important to contribute to fair jobs, lifting individuals and nations out of poverty. To be able to do this, a continued presence of long-term, responsible buyers is vital, as is supply chain transparency, the company says.

“To create decent jobs in the supply chain, transparency is crucial,” explains Stefan Persson, chairman of the board H&M group. “I hope that our commitment to transparency will lead to a healthier fashion industry, but also to more informed customers pressuring companies to act sustainably.”

H&M is continuously adding more information to its supplier list, which now covers not only first tier suppliers, but also more than half of its second tier supplier factories.

The supplier factory list can be found here.

Last week, the retailer topped a transparency index launched last year to monitor and rank high street clothing brands on transparency across their value chains.

It has also recently pledged a commitment to supply chain transparency, having adopted the Apparel and Footwear Supply Chain Transparency Pledge. 

Leave a Reply

Your email address will not be published. Required fields are marked *