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Hennes & Mauritz (H&M)

Hennes & Mauritz (H&M) is a Swedish multinational clothing company founded in 1947 and headquartered in Stockholm. It employs around 1,55,000 people and has more than 4,600 stores in 77 markets, making it the second largest clothing retailer in the world. Its portfolio of brands includes H&M, COS, Weekday, Monki, ARKET and Afound. In 2022, its revenue was USD 23,070 billion.

Summary

Hennes & Mauritz (H&M) performs strongly overall and ranks tenth in the apparel sector with a score of 37.4 out of 100. It demonstrates leadership in the marketplace and community and health and well-being measurement areas across the whole benchmark, securing third and fourth positions, respectively. Nevertheless, it has an opportunity to improve in the representation measurement area, where it performs moderately.

Hennes & Mauritz (H&M), like many other companies, has a public commitment to gender equality and women’s empowerment, as well as a violence and harassment policy and a grievance channel for its own employees and external stakeholders. It also requires its suppliers to have an effective policy process for preventing violence and harassment.

The company however, has an opportunity to disclose its global primary and secondary carer leave policy, as well as to disclose its remediation process for addressing violence and harassment grievances in the workplace.

Ranking position: #16 /112
Total score: 37.4 /100

Measurement area	Score	Rank (0-112)
Governance and strategy	#1 6.4 /20	#29
Representation	#1 4.0 /17.5	#48
Compensation and benefits	#1 2.9 /17.5	#41
Health and well-being	#1 10.9 /17.5	#4
Violence and harassment	#1 4.4 /17.5	#33
Marketplace and community	#1 8.8 /10	#3
Total score	37.4 /100	#16

Value chain element	Score
Workplace	7.3 /35
Supply chain	14.9 /35

Segment
Apparel	#10

See results for

2020
2021

More about the company

Headquarters: Stockholm, Sweden‎
Number of employees: 155000
Percentage of female employees: 75%
Group revenue: USD 23,070 billion
Ownership structure: Publicly listed
Website: https://www.hm.com/