H&M COMMITS TO THE FIRE AND BUILDING SAFETY AGREEMENT

Today H&M publicly commits to support the Accord on Fire and Building Safety in Bangladesh, initiated by IndustryALL and UNI Global Union. The parties will be committed to the goal of a safe and sustainable Bangladeshi Ready Made Garment (RMG) industry in which no worker needs to fear fires, building collapses or other accidents that could be prevented with reasonable health and safety measures. This commitment is an additional step in an already ambitious sustainability program at H&M.

“Fire and building safety are extremely important issues for us and we put a lot of effort and resources within this area. H&M has for many years taken the lead to improve and secure the safety of the workers in the garment industry. With this commitment we can now influence even more in this issue. We hope for a broad coalition of signatures in order for the agreement to work effectively on ground”, says Helena Helmersson, Head of Sustainability H&M.

The Accord, designed for a five-year period, is a pragmatic step towards addressing improved fire and building safety in the RMG Industry and will add to H&M’s already existing extensive and strict requirements on the suppliers. In order to make an impact and be sustainable it would need a broad coalition of brands and align with Government, Industry Associations and Trade Unions agreed National Action Plan, to reach the whole industry of approximately 5,000 factories. H&M appreciates ILO playing a vital part as coordinator.

H&M plays an active role in improving fire safety in Bangladeshi garment factories. In 2011, H&M introduced an education to increase fire safety awareness amongst suppliers and their employees. Based on a study that was conducted in 2011, the concern of lapsed fire safety licenses was raised with the Government of Bangladesh.

H&M also requires that all the supplier factories conduct electrical assessments in their factories, and H&M has offered to share these costs with them. H&M believes that this work will become an integrated part of the implementation program that follows the Accord.

“Our strong presence in Bangladesh gives us the opportunity to contribute to the improvement of the lives of hundreds of thousands of people and contribute to the community’s development. By being on site, put demands on manufacturers and work for continuous improvements, we can slowly but surely contribute to lasting changes”, says Helena Helmersson.

Contact:

Mediarelations
Telephone: +46 8 796 53 00
E-mail: mediarelations@hm.com

H & M Hennes & Mauritz AB (publ) was founded in Sweden in 1947 and is quoted on NASDAQ OMX Stockholm. The company’s business concept is to offer fashion and quality at the best price. In addition to H&M, the group includes the brands & Other Stories, Cheap Monday, COS, Monki and Weekday as well as H&M Home. The H&M Group has approximately 2,800 stores in 49 markets, including franchise markets. In 2012, sales including VAT were SEK 140,948 million and the number of employees is more than 104,000. For further information, visit hm.com.

About Us

H & M Hennes & Mauritz AB (publ) was founded in Sweden in 1947 and is quoted on Nasdaq Stockholm. H&M’s business idea is to offer fashion and quality at the best price in a sustainable way. In addition to H&M, the group includes the brands COS, Monki, Weekday, Cheap Monday, & Other Stories, H&M HOME and ARKET as well as Afound. The H&M group has 47 online markets and more than 4,900 stores in 72 markets including franchise markets. In 2018, net sales were SEK 210 billion. The number of employees amounts to more than 177,000. For further information, visit hmgroup.com.

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