H&M
Sweden
Retailing
Corporate Bias Rating
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Risk Level:
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.
View Full Corporate Bias Ratings ReportShareholder Proposals
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| Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
|---|---|---|---|---|---|
| 5/4/23 | Social | People for the Ethical Treatment of Animals | report on slaughter methods used in h&m supply chain | No Recommendation | 0.00% |
| 5/4/23 | Social | Daniel Sommerstein | request board to initiate plan for launching clothing with fairtrade label | No Recommendation | 0.00% |
| 5/4/23 | Social | Fair Action | request company to negotiate with unions and suppliers to establish and manage (i) wage assurance account, (ii) severance claims account, and (iii) administration and enforcement account | No Recommendation | 0.00% |
| 5/4/23 | Social | Fondazione Finanza Etica | request 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 cotton | No Recommendation | 0.00% |
In the News
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