Question

From the UN Global Compact Principles and/or Sustainable Development Goals , which area that H&M will need to focus in their current and future business? Why?

Answer 1

H&M will need to focus in the following areas in their current and future business
There are 17 Sustainable Development goals out of which H&M needs to focus on the following
Sustainable cities and community
Responsible consumption and production
Industry Innovation and infrastructure
Life on land
No poverty
zero hunger
Partnerships for above goals

As H&M is a multinational clothing retail company known for fashionable clothing for men, women, teenager and children. Handset can work on about goal for example providing voucher in exchange of used garments and the donated garments can be recycled with the goal of creating zero waste economy which would help in achieving the goal of Sustainable cities and communities and maintaining life on land. It should avoid Sourcing its raw material from the endangered forest which would help in accomplishing the goal of responsible consumption and production. Use Six Sigma in its operations to achieve the goal of industry Innovation and infrastructure. It can establish a non-profit foundation in order to implement positive change and improve living standards accomplishing the goal of no poverty and zero hunger.