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H&M group make big promises in 2017 sustainability report

  • News
  • April 13, 2018
  • Courtney Devereux
H&M group make big promises in 2017 sustainability report

“To secure future business it is essential and natural for us to address sustainability actively,” says H&M’s CEO Karl-Johan Persson.

Swedish clothing retailer, H&M, has released its latest sustainability report and in doing so has given inside looks into the efforts by the group to further lessen its effect on the environment. 

The chain has been working on becoming a fully circular model, meaning the company is trying to divert waste from landfill back into manufacturing to be reused in new items.

The company says that innovations are the key to achieving full circularity, which it says is the reason it supports initiatives that are working to help reach that goals.

Clothing manufacturing will never not be without its issues, even fully circular models need production and ample resources on top of what they are reusing. Yet creating a circular model is a noble cause towards lessen the strain it creates on the environment.

H&M uses 1,668 supplier factories around the world, and according to its report its biggest climate and water impacts come from producing raw materials (87 percent water impact) and fabric production (46 percent climate impact). Now the company boasts that 100 percent of its Bangladesh companies have worker representatives.

Water impact remains the same from the 2016 report, with fabric production dropping 1 percent.

Yet H&M has seen a larger growth towards its vision of a full circular model in recent years. Last year’s report showed that since 2013 the chain had collected almost 39,000 tonnes of garments in stores, this year’s report show that number has increased by 17,771. However, the report did not mention how many tonnes of product the the company manufactures.  

In the 2016 report, H&M said that it was the world’s biggest user of the Better Cotton Initiative, the 2017 report shows more detailed figures, saying 59 percent of the cotton sourced is done so sustainably.

The group has further plans to increase its sustainability measures; by 2030 it says it will only use 100 percent recycled or sustainabily sourced materials, and plans to achieve a climate positive value chain by 2040.

Head of sustainability for the group, Anna Gedda, says the new strategy has been received well in the wake of the conscious consumer.

But can fast fashion ever be fully sustainable? Gedda says it can, yet stresses that industry wide collaboration is necessary for systemic change.

“The main challenges we face are not specific to H&M group, they are industry-wide. Therefore, solutions cannot be reached by us alone. Our goal to become 100 percent fair and equal is very much dependent on industry collaborations.”

H&M have managed to get 100 percent of its commercial business partners to sign its code of ethics. Yet continues to focus on improving conditions in its 1,668 supplier factories.

H&M is involved with the Ethical Fashion Report, and in 2017 scored a A+ for both policies in place and supplier knowledge. Yet only scored a C+ for worker empowerment, a lot which related to how workers voices are heard through trade unions.

It is expected with new polices and a focus on workers for 2018 that H&M will do the same if not better for the 2018 Ethical Trade Survey.

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Kiwi Property makes $138m net profit for the year

  • News
  • May 21, 2019
  • Radio New Zealand
Kiwi Property makes $138m net profit for the year

Kiwi Property has reported a strong full year underlying profit, as it continues to reinvest in its Auckland retail and office properties.

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Thankyou’s latest campaign combines scent and charity work

  • News
  • May 21, 2019
  • StopPress Team
Thankyou’s latest campaign combines scent and charity work

Australian charity product organisation Thankyou has launched its latest Kiwi campaign, combining that fact that 100 percent of its profit goes towards helping end global poverty with its use of perfume-grade botanical oils in its products.

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From edible insects to beautiful homeware: Made of Tomorrow’s co-founder talks its new venture

  • Design
  • May 21, 2019
  • Idealog
From edible insects to beautiful homeware: Made of Tomorrow’s co-founder talks its new venture

Most people would be in agreement that bugs, planters and room dividers don’t have much in common, but Matt Genefaas and Dan Craig would beg to differ. The two juggle running an edible insect company, Crawlers, as well as a homeware company, Made of Tomorrow. Genefaas has a chat about what the new furniture range, Space Between, was inspired by, as well as how him and Craig spend their days in slashie roles moving between pushing dried insects to the world, as well as polished mirrors and space dividers.

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Zavy and The Register have worked together to create a scoreboard that compares how the top 25 traditional media advertising spenders in New Zealand have performed on social media over the past 30 days, updated in real time.

 
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Why is the next generation so anxious? Here's how young founders can avoid burn-out

  • Opinion
  • May 21, 2019
  • Jennifer Young
Why is the next generation so anxious? Here's how young founders can avoid burn-out

There may be good reason to be concerned about our young entrepreneurs. Millennials and Generation Z have been labelled generation burn-out, generation snowflake and described as narcissistic, entitled, tech-dependent and fragile. They’re also oversaturated with headlines about the raft of issues like climate change they have to tackle, plus concerns about the impact of technology and social media on their mental health. Jennifer Young explores possible reasons why the younger generation is so anxious, as well as what young founders can do to avoid burn-out.

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Vodafone NZ sold to private investors for $3.4b

  • News
  • May 21, 2019
  • Radio New Zealand
Vodafone NZ sold to private investors for $3.4b

Infrastructure investor Infratil is teaming up with a Canadian investment firm to buy the local operations of Vodafone for $3.4 billion.

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Readings present revised plan for Courtenay Central

  • Property
  • May 16, 2019
  • Radio New Zealand
Readings present revised plan for Courtenay Central

The company that owns Courtenay Central in Wellington says it has big plans for redeveloping the complex - which is closed due to earthquake risks.

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