H&M joins The Circular Economy 100
H&M today announced that we will join The Circular Economy 100 as a corporate member for the next three years to help accelerate the transition to a circular economy. Other members are companies such as IKEA, Marks & Spencer, The Coca Cola Company and Unilever as well as universities such as Yale, UC Berkley and Stanford University.
From a sustainable perspective the transition from a linear to a circular economy is necessary. A circular economy requires innovation of material and product reuse, as well as related business models. By using materials more effectively, economic growth will eventually be detached from the use of natural resources and ecosystems. In such an economy, the lower use of raw materials allows to create more value.
The Circular Economy 100 is a global programme aimed at bringing together a network of 100 leading companies, emerging innovators and regions to speed up the shift to more a circular economy. The programme supports its members in finding new commercial opportunities through its focus on sharing best practice, capacity building and collective problem solving.
Read more about the Circular Economy 100