H&M Group is taking a leadership position in establishing collaborative financing solutions that enable the necessary decarbonisation of fashion supply chains. To realise this ambition, H&M Group, together with Southeast Asia's largest bank, DBS, has initiated a collaborative finance tool – a first-of-its-kind green loan programme that facilitates supply chain decarbonisation in the apparel sector.
The initiative, called Green Fashion, is intended to finance investments in technologies and processes necessary to reduce energy demand and replace fossil fuels across the fashion industry.