H&M’s white paper sets business case for decarbonisation
Swedish retailer H&M Group and consultancy Ernst & Young have published a white paper highlighting the business case for accelerating supply-chain decarbonisation.
Collective action and shared investment are essential to scale solutions, accelerate the renewable energy transition and help ensure the industry stays on a pathway aligned with the Paris Agreement, they said.
Adam Karlsson, chief financial officer at H&M Group, said: “CFOs have a fiduciary responsibility to safeguard long-term business resilience, not just short-term profitability. Our role is not to debate whether sustainability targets should be met, but to ensure how they are delivered. This requires a conversation combining cost efficiency and value creation: reducing risk, strengthening resilience, and safeguarding long-term corporate value.”
The paper, ‘Accelerating Fashion Decarbonisation - An Efficient Approach to Unlocking Corporate Value and Financing the Supply Chain Transition’, shares best practices that demonstrate the ability of fashion brands to protect corporate value through investing in this area.
