The H&M Business and Environmental Sustainability
Report Assignment
The H&M Business and Environmental Sustainability
Table of content
Introduction……………………………………………………..…….……p.3
Importance of Environmentalism……………………………………..…p.3
Concept of Environmentalism ….……………………………..…..p.3
Trend of Environmentalism………………………………..……….p.42.2.1Corporate Environmentalism………………………………...p.42.2.2Hong Kong Environmental Protection ……………………… p.4
Sustainability Information of H&M……………………………….………..p.5
H&M…………………………………………………………………p.5
Competitor in fashion industry ……………………………...……….p.6
Unique ……………………………………………………….p.6
Zara………………………………………………………….p.7
Marks & Spencer ………………………………………………p.7
Corporate Environmentalism (Green Practice) ……………………..……….p.84.1Compulsory ……………………………………………………………p.84.2Voluntary ………………………………………………………………p.9
Relationship of Competitiveness & Profitability improvement ……………….p.10
Impact of Business & Society………………………………………………….p.11-13
Others Policy Strengthen Business Sustainability ……………………………..p.13
Conclusion…………………………………………………………………...p.14
Recommendations…………………………………………………………...p.14
References and bibliography…………………………………………………...p.15-17
1. Introduction
In this report we would like to focus on fast fashion industry – H&M, which is one of the world’s largest, fashion companies. The 1st store – Hennes women’s clothing opened in Sweden at 1947. H&M consists of six different brands with around 3,200 stores all over the world and employed over 116,000 people across the world. Their ambition is to be the forefront of both fashion and sustainability. (H&M, 2014)
The project manager of Green Peace – Ms. Kong (2012) reported that fast fashion industry has a very ugly side, the production process consume near one forth of global chemicals usage every year. We should thank for the effort of Greenpeace volunteers to push 19 big fashion brands like H&M Burberry, Zara, Mango, and Nike committing to detox their clothes and manufacturing processes
The H&M Business and Environmental Sustainability
Table of content
Introduction……………………………………………………..…….……p.3
Importance of Environmentalism……………………………………..…p.3
Concept of Environmentalism ….……………………………..…..p.3
Trend of Environmentalism………………………………..……….p.42.2.1Corporate Environmentalism………………………………...p.42.2.2Hong Kong Environmental Protection ……………………… p.4
Sustainability Information of H&M……………………………….………..p.5
H&M…………………………………………………………………p.5
Competitor in fashion industry ……………………………...……….p.6
Unique ……………………………………………………….p.6
Zara………………………………………………………….p.7
Marks & Spencer ………………………………………………p.7
Corporate Environmentalism (Green Practice) ……………………..……….p.84.1Compulsory ……………………………………………………………p.84.2Voluntary ………………………………………………………………p.9
Relationship of Competitiveness & Profitability improvement ……………….p.10
Impact of Business & Society………………………………………………….p.11-13
Others Policy Strengthen Business Sustainability ……………………………..p.13
Conclusion…………………………………………………………………...p.14
Recommendations…………………………………………………………...p.14
References and bibliography…………………………………………………...p.15-17
1. Introduction
In this report we would like to focus on fast fashion industry – H&M, which is one of the world’s largest, fashion companies. The 1st store – Hennes women’s clothing opened in Sweden at 1947. H&M consists of six different brands with around 3,200 stores all over the world and employed over 116,000 people across the world. Their ambition is to be the forefront of both fashion and sustainability. (H&M, 2014)
The project manager of Green Peace – Ms. Kong (2012) reported that fast fashion industry has a very ugly side, the production process consume near one forth of global chemicals usage every year. We should thank for the effort of Greenpeace volunteers to push 19 big fashion brands like H&M Burberry, Zara, Mango, and Nike committing to detox their clothes and manufacturing processes
References: and bibliography: Conscious Actions Highlights (2013) Provide fashion for conscious customers, available from http://sustainability.hm.com/content/dam/hm/about/documents/en/CSR/reports/Conscious%20Actions%20Highlights%202013_en.pdf, accessed 5 July 2014. Environment Bureau (2014) Hong Kong Blueprint for Sustainable Use of Resources 2013-2022, available from http://www.enb.gov.hk/sites/default/files/WastePlan-E.pdf, accessed 1 July 2014. Environment Protection Department (2011) EIA Ordinance, available from http://www.epd.gov.hk/eia/english/legis/index1.html, accessed 1 July 2014. Fast Retailing (2014) UNIQLO Business: Hong Kong, available from http://www.fastretailing.com/eng/group/strategy/hongkong.html, accessed 1 July 2014. Greenpeace East Asia (2014) Guess which clothing companies are not walking the talk, available from http://www.greenpeace.org/eastasia/news/ebulletins/2013/detox-catwalk, accessed 1 July 2014. GovHK (2014) Hong Kong Fact Sheets – Environmental Protection, available from www.gov.hk/en/abouthk/factsheets/docs/environmental_protection.pdf, accessed 1 July 2014. H&M (2014) Our Vision, available from http://about.hm.com/en/About/sustainability/hm-conscious/sustainability-vision.html, accessed 1 July 2014. H&M (2014) The textile industry and H&M, available from http://about.hm.com/en/About/sustainability/hot-topics/the-textile-industry-and-hm.html, accessed 3 July 2014. H&M (2014) Sustainability: Water, available from http://about.hm.com/en/About/sustainability/hot-topics/water.html, accessed 5 July 2014. H&M (2014) Working at H&M, available from http://about.hm.com/en/About/facts-about-hm/people-and-history/working-at-hm.html, accessed 3 July 2014. H&M Conscious Actions Highlights (2014) Welcome, available from http://sustainability.hm.com/content/dam/hm/about/documents/en/CSR/reports/Conscious%20Actions%20Highlights%202013_en.pdf, accessed 1 July 2014. Inditex (2014) Brands: ZARA, available from http://www.inditex.com/en/brands/zara, accessed 1 July 2014. Inditex (2014) Environmental Management, available from http://www.inditex.com/en/sustainability/environment, accessed 1 July 2014. Kong, C. S. (2012) H&M vs ZARA, The House news, 22 Nov, available from http://thehousenews.com/personal/h-m-vs-zara/, accessed 3 July 2014. Kane, G. (2010) The Three Secrets of Green Business, New York, Earthscan.Maltzman, R. and Shirley, D. (2011) Green Project Management, New York, CRC Press. Roland Berger Strategy Consultants (2011) Green growth, green profit: how green transformation boosts business, New York, Palgrave Macmillan. UNIQLO (2014) Uniqlo Recycle, available from http://www.uniqlo.com/en/csr/refugees/recycle, accessed 1 July 2014. Wikipedia (2014) Environmentalism, available from http://en.wikipedia.org/wiki/Environmentalism, accessed 30 June 2014. Zokaei, K., Lovins, H., Wood, A. and Hines, P. (2013) Creating a Lean and Green Business System: Techniques for Improving Profits and Sustainability, New York, CRC Press.