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H&M commits to slashing energy prices

  • News
  • May 11, 2017
H&M commits to slashing energy prices

Fashion retailer H&M has become the first international brand to join a global initiative led by the Climate Group that aims to reduce its carbon footprint.

Now number 10 in the list of other major corporations that have joined the initiative, but the first international, H&M has promised to enhance its energy productivity.

How retailers can be more energy efficient in times when they may be forced to use more power, or at a time when the amount of energy they are using is becoming increasingly more unsure. 

But the group aims to support companies that are looking to become more sustainable.

“Using less energy and increasing our economic output is a fundamental part of our strategy,” H&M’s global sustainability business expert Pierre Borjesson said.

The fashion retailer has a large sustainability programme, and has also pledged to use 100 percent recycled materials by 2030.

“This means H&M will support reductions of greenhouse gasses to a larger extent than what our value chain emits. Two of our key priorities are leadership in energy productivity and using renewable energy throughout the value chain,” says Borjesson.

To achieve this, the retailer aims to invest in new technologies for lighting, heating, ventilation and air conditioning systems to improve its energy use.

In addition, H&M will work to have all of its supplier partners enrolled in an energy efficiency program by 2025, as well as reduce the energy used in its logistics transport and warehouses.

CO2 emissions which are an effect of energy manufacturing and consumption are the main reason for the ‘off-seasons’ retailers have been facing.

H&M, had profits fall in the third quarter of 2016 due to “a combination of hot weather and reluctance to buy warmer clothes.”

The company reported a net profit of SK$2.5 billion in the three months to February - a fall of almost 30 percent from a year earlier - but still about 1 percent above analysts’ expectations.

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Better Burger engineers edible packaging

  • Design
  • April 23, 2018
  • Elly Strang
Better Burger engineers edible packaging

The circular economy is a hot concept these days, so what better way to embrace this concept than to make food packaging edible, too? Better Burger is served up burgers this Sunday (aka Earth Day) in one-off packaging made from wafer paper and edible ink.

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Icebreaker steps into sharky waters for latest ad

  • News
  • April 20, 2018
  • StopPress Team
Icebreaker steps into sharky waters for latest ad

Icebreaker has released ‘Shark Scientist’, the first of three ads for its latest 'Human Nature' campaign with Motion Sickness. The two-minute spot focuses on marine biologist and shark enthusiast Riley Elliott.

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Why minimum wage rises matter

  • Opinion
  • April 20, 2018
  • Rachel Helyer Donaldson
Why minimum wage rises matter

After writing a feature for NZ Retail magazine on recent and upcoming changes to employment law, freelance writer Rachel Helyer Donaldson was struck by the ideological distance between the retailers and retail staff she spoke with.

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Online/offline: Where is the bottom line?

  • Opinion
  • April 20, 2018
  • John Long
Online/offline: Where is the bottom line?

Whether he is pitching a new store design concept to a retailer, or forecasting retail floor space demand in a council hearing, John Long reports his sense of a very dynamic, almost chaotic, future for retail is pervasive.

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