H&M Launches Green Loan Program to Finance Suppliers’ Emissions Reductions Initiatives
ESG Today
NOVEMBER 27, 2023
In addition to the financing, suppliers in the program will also receive technical support from sustainability consultant, Guidehouse, to embark on factory upgrades to decrease their climate impact. According to H&M’s 2022 Sustainability Report, Scope 3 makes up nearly 99% of the company’s emissions.
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