Global Retailer H&M joins WWF’s Business Leadership Programme Climate Savers

Posted on 04 April 2017    

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(Stockholm, SWEDEN) 4 April, 2017 – Global fashion retailer H&M has joined Climate Savers, WWF’s climate leadership programme for business, becoming the first textile company to do so.
 
Climate Savers aims to transform businesses into leaders of the low-carbon economyA green economy is a economy or economic development model based on sustainable development and a knowledge of ecological economics.
 
Manuel Pulgar-Vidal, leader of WWF’s global Climate & Energy Practice said, 
”Acting on climate changeClimate change is a lasting change in weather patterns over long periods of time. It can be a natural phenomena and and has occurred on Earth even before people inhabited it. Quite different is a current situation that is also referred to as climate change, anthropogenic climate change, or ... is no longer just crucial for the environment; it is also crucial for businesses. Companies have a big contribution to make and are increasingly aware of the impact they have on the planet. That’s why progressive companies – like H&M – are taking bold leadership on climate change, and we welcome them to the Climate Savers programme.”
 
The Climate Savers/H&M agreement will initially run until the end of 2020. As a Climate Savers company, H&M will focus on reducing its climate footprint through emissions reductions in its entire value chain, and engage in various activities that aim to positively influence the fashion industry as well as policy makers.
 
WWF supported H&M to develop a new strategy to address climate change which included setting ambitious short and long term targetsTarget period: For multi-year goals, a period of several consecutive years over which the mitigation goal is to be achieved. The last years of the goal period. Target year: For single-year goals, the year by which the goal is to be met. The last year of the goal period. Target year emissions: ... to address climate impactsConsequences of climate and climate change on natural and human systems. (IIED)A specific change in a system caused by its exposure to climate change. Impacts may be harmful (threat) or beneficial (opportunity). (UKCIP) through their entire value chain as part of a broader transformational partnership between H&M and WWF. Specifically, H&M has set a short-term 2020 reduction target for their operational impact, and a long-term goal to become climate positive throughout their entire value chain by 2040 at the latest. The long term target means that the company will reduce more greenhouse gas emissionsGreenhouse gas emissions cause dangerous anthropogenic climate change. Emissions include CO2, fluoridated gases, methane which are emitted by human activity such as deforestation and burning fossil fuels, and water vapour. than it its value chain emits.
 
Pierre Börjesson, Global SustainabilityIn order to survive, all life, including human life, depends either directly or indirectly on the natural environment. Sustainability is a principle where current requirements are met while the livelihoods of future generations are not threatened. Business Expert at H&M said: “It has never been more important than now to act on climate change. This is why H&M has committed to becoming climate positive by 2040 throughout the entire value chain – all the way from raw material extraction to products’ end of life. This means we will go beyond minimising the negative consequences of our business to create a positive impact on climate. It’s about acting responsibly as a company in this world, and also a way for our business to stay prosperous in the long run. We hope we can inspire more businesses to join us in fighting climate change.”
 
To become climate positive, H&M will focus on energy efficiencyUsing less energy/electricity to perform the same function. Programs designed to use electricity more efficiently - doing the same with less. measures and renewable energyRenewable energy is power generated from infinite sources, such as wind or solar power. Conventional energy is generated from finite sources, such as natural gas or fossil oil. investments. To address the unavoidable emissionsEmissions of greenhouse gases, greenhouse gas precursors, and aerosols associated with human activities, including the burning of fossil fuels, deforestation, land-use changes, livestock, fertilisation, etc. (IPCC), H&M and WWF will look at measures to strengthen the planet’s ability to recover and resist climate change, as well as supporting technological innovations to absorb greenhouse gasesGreenhouse gas emissions cause dangerous anthropogenic climate change. Emissions include CO2, fluoridated gases, methane which are emitted by human activity such as deforestation and burning fossil fuels, and water vapour..
 
Notes for Editors:
Climate Savers commitments and H&M’s climate targets in short:

  • Reduce scope 1 & 2 emissions with 85% by 2020 compared to 2014.
  • Reduce the average energy consumption per square meter and opening hours in H&M Group Stores by 25% in 2030, compared to 2016.
  • Scaling up its climate policyClimate change policy and legislation drives the transition to a low carbon economy, creating opportunities and risks to which businesses must respond to succeed. engagement activities – H&M will actively work to influence and improve climate policiesClimate change policy and legislation drives the transition to a low carbon economy, creating opportunities and risks to which businesses must respond to succeed. globally and regionally.
  • Aligning the targets to for the Science Based Targets initiative, which means setting reduction targets fully in line with climate science. 
  • Achieve a climate neutral supply chain for tier 1 and tier 2 by 2030 – this means that H&M will support tier 1 and tier 2 suppliers to have a net zero effect on climate.
  • Achieve a climate positive value chain 2040 – this means that by 2040, H&M will have reduced more GHG emissionsGreenhouse gas emissions cause dangerous anthropogenic climate change. Emissions include CO2, fluoridated gases, methane which are emitted by human activity such as deforestation and burning fossil fuels, and water vapour. than its value chain is responsible for.

For further information, contact:
Mandy Jean Woods +27 72 393 0027 mwoods@wwf.org.za 

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