Textiles & Apparel | Low Carbon Textiles & Fashion | Partnership and Collaboration
H&M Group CEO, Helena Helmersson, collaborates with Bangladesh's Prime Minister and State Minister for Ministry of Foreign Affairs to enhance the garment industry's competitiveness and sustainability. The partnership aims to foster a circular and climate-neutral garment sector in Bangladesh. Through a Memorandum of Understanding with the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), initiatives like Corporate Power Purchase Agreements for renewable energy are pursued. This collaboration underscores the importance of industry-wide cooperation to tackle challenges and prioritize circularity and decarbonization.