Biodiversity means the variety of life on Earth; and includes all the different plants, animals and microorganisms, the genetic information they contain and the ecosystems they form. Biodiversity is necessary to sustain key functions of the natural ecosystems that support our well-being, livelihoods and our economies. It provides us with the supply of clean water and food, and other essential environmental goods such as pollination, buffering from natural disasters and resilience against climate change.
Today we are losing biodiversity at a faster pace than it can restore itself, and we face losing up to one million species in the coming decades. Science warns that we might only have 10 years to halt the destruction of natural habitats and recover from the biodiversity loss. This will require transformative changes across societies, governments and industries.
The two main drivers of biodiversity loss are the over-exploitation of land and wild resources. 75% of all land on Earth has been significantly altered by human activities and agriculture is one of the major drivers of biodiversity loss.
The fashion industry impacts biodiversity on all levels of the value chain; raw materials, fabric/yarn production, transportation and use – but raw material production is where H&M Group has its biggest impact.
Our circularity and climate goals will help us make big leaps in decreasing the negative impact we have on biodiversity. But we must do more. We need to reduce our footprint even further and start to restore degraded areas. That’s why our biodiversity ambition has the long-term vision to have a net positive impact on biodiversity in a way that works hand in hand with our existing strategies.
We will work to prevent and reduce our overall impact on biodiversity and natural ecosystems in our value chain.
Further, we will support the protection and restoration of biodiversity and natural ecosystems in line with what science requires.
Our biodiversity ambitions will help us to operate within the planetary boundaries while creating a more resilient supply chain and steering our business towards meaningful growth. To further develop our actions towards a sustainable future, we want to strengthen our position through collaborations with important stakeholders such as Textile Exchange, Science Based Targets Network, IPBES, WWF, the Fashion Pact, IPI, Taskforce on Nature-related Financial Disclosures and Business for Nature.
As we embark on this journey, we will continue to map out our impact on biodiversity and set science based targets. This will help us to prevent and reduce our overall impact, as well as protecting and restoring our planet’s biodiversity and natural ecosystems.