The Swedish fast fashion company H&M scored its highest rating in the financing decarbonization area, with a maximum score of 100. According to a recent transparency index covering major retail companies, the overall performance of H&M earned the company a score of 61 out of 150 in 2024. Financing decarbonization encompassed efforts to finance fashion's decarbonization of fossil fuels to renewable energy.
Transparency index score of H&M in 2024, by area
Characteristic
Transparency index score by area
Financing decarbonization
100%
Accountability
85%
Just transition & advocacy
73%
Energy procurement
44%
Decarbonization
40%
Overall
61%
Created with Highcharts 7.2.2Transparency index score by area100%100%85%85%73%73%44%44%40%40%61%61%Financing decarbonizationAccountabilityJust transition & advocacyEnergy procurementDecarbonizationOverall
0%20%40%60%80%100%120%
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Notes on methodology according to the source are as follows:
The highest total score was 150 where 'Accountability' was worth 15/150, 'Decarbonization' was worth 60/150, 'Energy Procurement' was worth 22.5/150, 'Financing Decarbonization' was worth 22.5/150, 'Just Transition & Advocacy' was worth 30/150. The source took into account leading 250 companies with a revenue of 400 million USD in the high street, luxury, sportswear, accessories, footwear and denim categories.
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Fashion Revolution. (August 7, 2024). Transparency index score of H&M in 2024, by area [Graph]. In Statista. Retrieved February 12, 2025, from https://www.statista.com/statistics/1498656/handm-transparency-index/
Fashion Revolution. "Transparency index score of H&M in 2024, by area." Chart. August 7, 2024. Statista. Accessed February 12, 2025. https://www.statista.com/statistics/1498656/handm-transparency-index/
Fashion Revolution. (2024). Transparency index score of H&M in 2024, by area. Statista. Statista Inc.. Accessed: February 12, 2025. https://www.statista.com/statistics/1498656/handm-transparency-index/
Fashion Revolution. "Transparency Index Score of H&m in 2024, by Area." Statista, Statista Inc., 7 Aug 2024, https://www.statista.com/statistics/1498656/handm-transparency-index/
Fashion Revolution, Transparency index score of H&M in 2024, by area Statista, https://www.statista.com/statistics/1498656/handm-transparency-index/ (last visited February 12, 2025)
Transparency index score of H&M in 2024, by area [Graph], Fashion Revolution, August 7, 2024. [Online]. Available: https://www.statista.com/statistics/1498656/handm-transparency-index/
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