H&M

Sweden
Retailing

Corporate Bias Rating

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Risk Level:

Rating - Caution
Medium Risk

Summary:

H&M often yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company elevates merit, excellence, and integrity ahead of race and identity-based policies. H&M occasionally embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues at times. This approach fails to safeguard free exercise, free speech, and free enterprise.

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Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
5/4/23SocialPeople for the Ethical Treatment of Animalsreport on slaughter methods used in h&m supply chainNo Recommendation0.00%
5/4/23SocialDaniel Sommersteinrequest board to initiate plan for launching clothing with fairtrade labelNo Recommendation0.00%
5/4/23SocialFair Actionrequest company to negotiate with unions and suppliers to establish and manage (i) wage assurance account, (ii) severance claims account, and (iii) administration and enforcement accountNo Recommendation0.00%
5/4/23SocialFondazione Finanza Eticarequest company to disclose exposure to and risks of sourcing gm cotton, and set targets to decrease exposure to gm cotton and increase sourcing of organic cottonNo Recommendation0.00%
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