Climate Change

H & M

InfluenceMap Score
C
Performance Band
68%
Organisation Score
43%
Relationship Score
Sector:
Retailing
Head​quarters:
Stockholm, Sweden
Wikipedia:

H&M appears to have a limited but fairly positive engagement with climate change policy, having made broad, positive statements on climate action but appearing not to have been clear on which pieces of climate change legislation it supports. On its website, H&M has recognized the urgent need for climate change action and has stated its support for the adoption of a 'science based approach' to keep global warming well below a 2°C increase. H&M CEO Karl-Johan Persson has publicly stressed the business case for a response to climate change, although other statements suggest that this support is conditional- supporting the path of technical innovation but opposing climate action through limiting consumption. H&M has endorsed the World Bank's statement on putting a price on carbon, although it has not supported any specific policy towards this, stating in its 2015 CDP response that it "is not taking an active part in what legislation to be implemented as long as it is to decrease carbon by putting a price on carbon." H&M is a part of the RE 100 coalition and has pledged to motivate for the uptake of renewable energy through its value change and also through responsible policy engagement. Moreover, the company has joined an initiative from the Swedish government supporting the complete phase-out of fossil fuels in nation's energy mix. Both H&M's website and CEO Karl-Johan Persson have made clear statements of support for the UNFCCC process both leading up and during COP21. However, despite such pledges and despite having also committed to 'best practice in policy engagement', H&M appears not to have been clear about its positions on any specific pieces of climate change legislation. The company has also not disclosed links to trade associations that might be having an influence in this area either on its website or on its CDP response, although it has disclosed membership to groups like Svenskt Naringsliv on the EU Transparency Register. Unlike H&M's apparent unconditional support for effective carbon pricing policy, Svenskt Naringsliv (The Confederation of Swedish Enterprise) does not appear to have supported needed reforms to the EU emissions trading scheme and is also a direct member of BusinessEurope, an organization that has consistently obstructed ambitious climate policy in Europe.

QUESTIONS SOURCES Main Web Site Social Media CDP Responses Legislative Consultations Media Reports CEO Messaging Financial Disclosures EU Register
Climate Science Transparency 2 NS NS NS NA 2 NS NA
Climate Science Stance 2 2 NA NS -1 0 NS NA
Need for climate regulations 2 NS NS NS NS NS NS NA
UN Treaty Support 1 1 NS NS 1 1 NS NA
Transparency on Legislation -1 NA 0 NA NA NA NS 0
Carbon Tax NS NS 0 NS NS NS NS NA
Emissions Trading NS NS NS NS NS NS NS NA
Energy Efficiency Standards NS NS NS 1 NS NS NS NA
Renewable Energy Legislation 1 NS NS NS 0 NS NS NA
Energy Policy and Mix 1 1 1 NS 2 NS NS NA
GHG Emission Standards NS NS NS NS NS NS NS NA
Disclosure on Relationships -1 NS -2 NA NA NA NS 1
Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
29%
 
56%

How to Read our Relationship Score Map

In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.