H&M Foundation, the non-profit organisation funded by the Persson family, which founded fashion retailer H&M, has joined the Global Alliance for Social Entrepreneurship, an initiative by the Schwab Foundation for social entrepreneurship in partnership with the World Economic Forum. The Global Alliance coalition features more than 120 members,...
3 Jun 2025
H&M Foundation, the non-profit funded by the Persson family, which founded fashion retailer H&M, has named 10 early-stage innovations that will “reshape the fashion industry” from clean tech recycling in China to community-powered circularity in Ghana as winners of the Global Change Award (GCA) 2025. The annual awards aim to spotlight “...
20 May 2025
The H&M Foundation, the non-profit organization from the Swedish fashion giant, has given 15.4 million dollars to the Fashion ReModel, a demonstration project that seeks to offer viable commercial alternatives to producing new garments by showcasing how revenue can be generated through rental, repair, resale, and remake models. A philanthropic...
20 Feb 2025
The H&M Foundation has unveiled a change in strategic direction in its annual innovation challenge, the Global Change Award (GCA), to support the textile industry’s aim of halving its greenhouse gas emissions each decade to reach net-zero emissions by 2050. The GCA 2025 is now open to innovative solutions and concepts that seek to address...
23 Oct 2024
The H&M Foundation, the non-profit organisation funded by the Stefan Persson family, founders and main owners of the H&M Group, has announced ten Global Change Award winners for 2023, as it doubles the number of winners and grant funding to 2 million euros to accelerate change in the fashion industry. The Global Change Award is an early-stage...
8 Jun 2023
H&M Foundation, the philanthropic arm of H&M Group, has announced it is to donate 250,000 dollars to the Red Cross/Red Crescent to support their efforts in responding to Cyclone Mocha. The cyclone, considered the strongest in the last 10 years, descended along the Bangladesh-Myanmar border on May 14, bringing significant damage to both countries...
30 May 2023
The Hong Kong Research Institute of Textiles and Apparel (HKRITA) has developed a new technology in partnership with the H&M Foundation that is able to separate microplastics from wastewater. This new technology called Acousweep creates sweeping acoustic waves in a custom made chamber to physically trap and separate the plastic fibres from the...
18 Apr 2023
H&M Foundation, the philanthropic arm of H&M Group, has announced that Anna Gedda has joined the organisation as general manager. On her appointment, Gedda had already been with the fashion retail group for 15 years, first entering as a community investment coordinator and, most recently, holding the role of head of steering and strategic...
2 Mar 2023
Around 62 million tonnes of waste are generated annually in India, of which only 19 percent is treated. The rest ends up in landfills but that is not where it remains - enter about 1.5 to 4 million informal waste pickers who are the largest driving force behind recycling in India. Often barefoot, uneducated and shunned by society, they climb...
13 Feb 2023
Fashion group H&M’s non-profit H&M Foundation and The Hong Kong Research Institute of Textiles and Apparel (HKRITA) have unveiled cotton garments that can capture CO2 from the air and release it as nutrition for plants. The ‘Planet First’ programme from the two organisations has stated that the ‘Carbon Looper’ project could potentially be a “...
23 May 2022
H&M Group’s non-profit H&M Foundation has named five winners of its Global Change Award 2022 and awarded 1 million euros to the early-stage innovators looking to transform the fashion industry. The 2022 winning innovations hail from the UK, Sweden, India, China and the US and include a laundry solution that prolongs garments’ life, AI helping...
6 Apr 2022
The H&M Foundation has announced that its Global Change Award is returning for 2022, after being paused by the pandemic, and is calling on early-stage innovations challenging to transform the fashion industry to apply. The Global Change Award, launched in 2015 by non-profit H&M Foundation, in collaboration with Accenture and the KTH Royal...
25 Aug 2021