Csr Research Paper

1704 Words7 Pages
Sustainability Paper
Jennah Judd

Introduction: The world and Business environments are ever changing. More than ever, sustainability is the key to giving businesses a competitive advantage in today’s economy – not just financially but also socially and environmentally. Sustainability is defined by the World Commission on the Environment and Development as “Development that meets the needs of the present without compromising the ability of future generations to meet their own needs.” The key to sustainability is the concept of the Triple Bottom Line or the three P’s. The Triple Bottom line requires that a company not only be responsible for making a Profit, but also requires them to be considerate of the Planet and People (employees
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All H&M stores practice energy-efficiency. Use: H&M works to inspire their customers to care for the products they buy from them in a conscious and sustainable way (less washing, long lasting wear.) Training: H&M has conducted over 3,600 hours of sustainability training for their buyers and designers. In 2012 442,031 working in Bangladesh were trained on their rights. H&M has invested an estimated 9,000 days in training dedicated to their workers’ rights. Workers: 63% of employees are covered by collective bargaining agreements. 2x973 store safety audits and 3,684 emergency evacuation sessions were carried out in their stores. 72% of their managers are women. H&M board members are split 50/50 for men and women. Climate Change: In 2011: CO2 emissions were cut by 5% by cutting air transport and improving energy efficiency in their stores. 80%+ of their supplies are transported by less carbon-intensive sea or rail transport. LED Lights used in all store and signs. Reduce, Reuse, Recycle: H&M uses reusable transport boxes – saving 400,000 trees. They have started a Pilot Project to return worn garments to the store for recycling. Bags are made of 100% recycled material.

Natural Resources: Working with Greenpeace to lead industry towards zero emission of hazardous chemicals into the environment. In 2012 300 Million liters of water were saved on denim production alone. The use of sustainable cotton resulted in almost 3.5 million kg less
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