Code of Conduct of H&M

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HENNES & MAURITZ (H&M):

Hennes and Mauritz popularly known as H&M is a pioneering apparel retailer based in Sweden known for its cheap but chic fashion. H&M is one of the world’s largest and fastest growing clothing retailers. The company is also a pioneer of ―fast fashion‖: a term used to describe clothing collections which are based on the most recent fashion trends on the catwalk but which are designed and manufactured quickly, are affordable, and are aimed at mainstream consumers. By maintaining efficiency and flexibility throughout its supply chain, H&M is able to respond quickly to changes in fashion trends. H&M has achieved popularity among consumers because of its fashion know-how and its expertise in anticipating trends. This popularity has enabled the company to grow at a formidable rate—despite overcrowding in the clothing market and, at times, sluggish consumer spending. H&M has a keen understanding of its target market—which is the low price, high fashion end of the clothing sector—and is closely attuned to what mainstream consumers want. It enjoys a strong following among women, particularly those in younger age groups, who make up the majority of its customers. By selling a broad range of fashionable collections, which are renewed frequently, by offering attractive prices, and by maintaining a strong presence in prime shopping locations, H&M has ensured that its stores enjoy a steady flow of customers. H&M’s code of conduct was drawn up in 1997 and is based on the UN Convention on the Rights of the Child and the ILO’s conventions on working conditions and employment rights. CODE OF CONDUCT: This Code of Conduct is applicable to all suppliers, their subcontractors and other business partners that do business with H&M or any other company, wholly or partly owned, directly or indirectly, by H&M . H&M’s business concept is to offer fashion and quality at the best price. Quality also means that our products must be manufactured in a way that is environmentally and socially sustainable. H&M is committed to working closely with our suppliers and business partners to achieve a long-term, sustainable social and environmental standard in the factories that manufacture H&M’s products and in the operations of other business partners.

National Institute of Fashion Management,Ganhdhinagar

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LEGAL REQUIREMENTS The general rule is that all the suppliers and other business partners must, in all their activities, follow the national laws in the countries in which they operate. Should any requirement in this Code conflict with the national law in any country or territory, the law must always be followed. In such cases the supplier must notify H&M immediately, before signing this Code. CHILD LABOR IS NOT ACCEPTED Child Labor H&M does not accept child labor. No person shall be employed at an age younger than 15 (or 14 where the national law so allows) or younger than the legal age for employment if this age is higher than 15. The company must take the necessary preventive measures to ensure that it does not employ anyone below the legal age of employment. Young Workers All legal limitations on the employment of persons below the age of 18 years must be followed. H&M recognizes the rights of every child to be protected from economic exploitation and from performing any work that is likely to be hazardous or to interfere with the child's education, or to be harmful to the child's health or physical, mental, spiritual, moral or social development.

National Institute of Fashion Management,Ganhdhinagar

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HEALTH AND SAFETY Building Safety It is required that the suppliers and other business partners to make employees' safety a priority at all times. No hazardous equipment or unsafe buildings are accepted. Fire Safety Emergency exits on all floors must be clearly marked, well lit and unblocked all the way out of the building....
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