H&M Foundation

Founded in 2013, the H&M Foundation's Global Change Award is an initiative based in Stockholm, Sweden. The core mission is to accelerate the shift towards a circular and sustainable fashion industry by supporting innovative ideas and solutions. The foundation offers grants and resources to startups and innovators focusing on sustainable fashion technologies, materials, and business models. The market focus is global, aiming to transform the fashion industry by reducing its environmental impact.

Notable affiliated people include members of the H&M Foundation board and a panel of expert judges from various sectors of the fashion and sustainability industries. Key achievements include funding numerous groundbreaking projects that have introduced sustainable practices and materials into the fashion supply chain. The overall impact has been significant in driving awareness and action towards sustainability in fashion, fostering a new generation of eco-conscious entrepreneurs and innovators.