The 27th United Nations Climate Change conference (COP27) is the annual milestone for the most influential leaders in climate action from governments, business and the climate community. Working towards its ambition to achieve net-zero by 2040, H&M Group joined the international forum in Sharm El Sheikh, Egypt to build momentum for collaborative action and share about the company’s progress and challenges.
We have been engaged in climate mitigation for years and continuously push ourselves to demonstrate climate leadership within our industry. Our recently strengthened climate goals are verified by the Science Based Targets initia
We have been engaged in climate mitigation for years and continuously push ourselves to demonstrate climate leadership within our industry. Our recently strengthened climate goals are verified by the Science Based Targets initiative. We are dedicated to contributing to the limitation of the global temperature increase to 1.5 °C and keeping our climate strategy aligned with the latest science-based target setting frameworks is crucial for us to create impact beyond our own organisation and value chain”.
Leyla Ertur, Head of Sustainability H&M Group
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Leyla Ertur, Head of Sustainability H&M Group
H&M Group set the ambitious goal to reduce the group’s absolute scope 1 and 2 emissions and its scope 3* emissions by 56% respectively by 2030 (from a 2019 baseline). To work towards this goal and to financially support projects to reduce its emissions throughout the whole value chain, H&M Group implemented an annual budget of around SEK 3 billion. The budget will be used for investments to phase out coal and increase the share of more sustainable materials, amongst others.
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H&M Group set the ambitious goal to reduce the
원문: H&M Group Newsroom — "H&M Group further invests in the decarbonisation of its value chain - H&M Group" (2026-10-06) 공식 원문: https://hmgroup.com/news/hm-group-further-invests-in-the-decarbonisation-of-its-value-chain/
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