Climate Change Data

Environmental Metrics

ESG Focus Areas

• Inclusion & Diversity

Social Achievements

• Launched 7th Colleague Resource Group (CRG), ADAPT, focusing on colleagues with disabilities and allies.
• 72% of all CRG members engaged.
• Hosted the World’s Largest Drag Brunch (Guinness World Record).
• Store leadership team participated in inclusive leadership training.
• Extended focus on diverse representation in senior management to include Latino/Hispanic colleagues.
• Deployed gender-neutral signage in North American stores.
• Launched Chosen Name initiative for store colleagues.
• Hosted Curated Conversations series for Black and African American colleagues.
• Participated in Pride marches in NY and LA.
• Held 2nd annual CRG Year-End Celebration.
• Strengthened H&M’s LEAD program with mentorship, assignments, and training for underrepresented store managers.
• Formalized partnership with SHRM.
• Continued partnership with The Consortium for Graduate Study in Management.
• Second year of collaboration with Jopwell.
• Visited Howard University for campus recruitment.
• Maintained collaboration with community partners.
• Third year of partnership with Buy From A Black Woman (BFABW), including multi-city Inspire Tour.
• Expanded BFABW to Canada.
• Hosted Buy From A Black Woman Holiday Market in LA and NY.
• Partnered with BFABW to design the 2023 Buy From a Black Woman Accelerator Program.
• Formalized partnership with Harlem’s Fashion Row.
• Re-opened Harlem store with community space and collaboration with Harlem’s Fashion Row.
• Launched year-long rotating style destination in Williamsburg.
• Collaborated with Lower Eastside Girls Club (LESGC) for Career Day.
• Lead sponsor of LESGC Spring Fling.
• Partnership with RAISEFashion.
• Third year of partnership with the Marsha P. Johnson Institute (MPJI), including co-hosting the World’s Largest Drag Brunch and supporting the Trans Galleria.
• Partnership with Hispanic Association on Corporate Responsibility (HACR).
• Supported Disability:IN’s Next Gen Mentorship program.
• Continued support of the Trevor Project and Ali Forney Center.
• Partnership with Jack.org and Indigenous Youth Roots.
• Supported Canadian Women’s Foundation.
• Partnership with Rainbow Railroad.
• Advanced Supplier Diversity reporting, with $9.6 million spend (1.37% of purchasing activity).

Governance Achievements

• Recommitted to ACLU’s Don’t Ban Equality campaign.
• Continued work with ACLU to support voter education and access.
• Launched The One Team Fund for employee relief.
• Made donations to American Red Cross for disaster relief.

Climate Goals & Targets

Environmental Challenges

• Economic, political, and societal uncertainty impacting DEI practices.
• Increased scrutiny of corporate DEI practices following Supreme Court ruling on Affirmative Action.

Mitigation Strategies

• Reaffirmed commitment to I&D as critical for growth and relevance.
• Implemented various initiatives detailed in the report.

Supply Chain Management

Responsible Procurement

• Supplier Diversity Program

Climate-Related Risks & Opportunities

Awards & Recognition

• Forbes America’s Best Employers for Diversity 2023 (#64)
• Forbes World’s Top Companies for Women 2023 (#7)
• Telly Award (Silver) for 2022 Erling Persson Award Nominee Video
• Open to All Advocacy Award
• Buy From A Black Woman’s Business Partner of the Year (3rd year)