At H&M Group, we are committed to clear, accurate, and compliant reporting on our progress. Transparency remains an essential part of how we share developments in our work and engage with stakeholders.
Sustainability reporting
Annual and sustainability report 2025
H&M Group’s annual and sustainability report 2025 details our financial and non-financial performance from 1 December 2024 to 30 November 2025.
2025 reports
Annual and sustainability report 2025 (pdf)
Års- och hållbarhetsredovisning 2025 – Swedish (pdf)
Års- och hållbarhetsredovisning 2025 ESEF – Swedish (zip)
Modern slavery statement 2025 (pdf)
Our reporting approach
Our annual and sustainability report is our main disclosure under the EU’s Corporate Sustainability Reporting Directive (CSRD) and is prepared in accordance with the European Sustainability Reporting Standards (ESRS). The content of the report is informed by a double materiality assessment, which identifies the sustainability issues that are most important from both an impact perspective on society and the environment, and a financial perspective for our business. This assessment covers impacts, risks, and opportunities across our own operations that include our distribution centres, offices, and retail stores, as well as our upstream and downstream value chain. The upstream value chain includes activities related to the extraction, production, processing, manufacturing, and transportation of raw materials, input goods, and products. The downstream value chain includes activities that occur after products are placed on the market, including their use, reuse, recycling, and final disposal.
As ESRS introduces defined reporting boundaries, terminology and formats, some areas of our sustainability work may appear in a different structure or at a different level of detail from previous years, and narrative examples are included more selectively. These updates reflect the ESRS disclosure requirements.
Modern Slavery Act
This statement is made on behalf of H & M Hennes & Mauritz AB and all companies in the H&M Group, pursuant to the UK Modern Slavery Act, the Australian Modern Slavery Act 2018 (Cth), the California Transparency in Supply Chains Act, Canada’s Fighting Against Forced Labour and Child Labour in Supply Chains Act, as well as the German Supply Chain Act and the Norwegian Transparency Act. It applies to and sets out the steps H&M Group has taken to address modern slavery within its supply chain and its own business operations, including identifying and assessing risks, engaging suppliers, providing training, and enabling workers to raise concerns through grievance mechanisms. See our Modern slavery statement 2025.
UN Global Compact
We are signatories to the UN Global Compact, a corporate sustainability initiative that is working with companies to align their operations and strategies with universal principles regarding human rights, labour, the environment, and anti-corruption. Our annual sustainability reporting acts as our Communication on Progress and is disclosed in the UN Global Compact digital reporting system. See our latest Communication on Progress.
Archive
Annual and sustainability report 2024 (pdf)
Års- och hållbarhetsredovisning 2024 (pdf)
Års- och hållbarhetsredovisning 2024 ESEF (zip)
Sustainability progress report 2024 (pdf)
GRI index 2024 (pdf)
Modern slavery statement 2024 (pdf)
UN Guiding Principles Index 2024 (pdf)
TCFD Disclosure index 2024 (pdf)
Annual and sustainability report 2023 (pdf)
Års- och hållbarhetsredovisning 2023 (pdf)
Års- och hållbarhetsredovisning 2023 ESEF (zip)
Sustainability disclosure report 2023 (pdf)
GRI index 2023 (pdf)
Modern slavery statement 2023 (pdf)
UN Guiding Principles 2023 (pdf)
TCFD disclosures index 2023 (pdf)
Annual and sustainability report 2022 (pdf)
Års- och hållbarhetsredovisning 2022 (pdf)
Års- och hållbarhetsredovisning 2022 ESEF (zip)
Sustainability disclosure report 2022 (pdf)
GRI index 2022 (pdf)
Modern slavery statement 2022 (pdf)
UN Guiding Principles 2022 (pdf)
TCFD disclosure index 2022 (pdf)
Sustainability report 2018 (pdf)
GRI index 2018 (pdf)
Modern slavery statement 2018 (pdf)
UNGP Reporting Framework Index 2018 (pdf)
Sustainability report 2017 (pdf)
GRI index 2017 (pdf)
UNGP Reporting Framework Index 2017 (pdf)
Sustainability report 2016 (pdf)
GRI index 2016 (pdf)
UNGP Reporting Framework Index 2016 (pdf)
Sustainability report 2015 (pdf)
GRI index 2015 (pdf)
Sustainability report 2014 (pdf)
GRI index 2014 (pdf)
Sustainability report 2013 (pdf)
GRI index 2013 (pdf)
Sustainability report 2012 (pdf)
GRI index 2012 (pdf)
Sustainability report 2011 (pdf)
GRI index 2011 (pdf)
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