Chp.3 Ethics&Social Responsibility

In chapter 3 it discussed how many organizations have a "code of ethics". H&M has a Code of Conduct which is the core of their programme to improve working conditions. H&M regularly monitors their suppliers to make sure that they comply with the requirements that are set in their Code. H&M believes that checking their compliance isn't enough and they have to take other steps to monitor and keep control of other complex issues.

H&M makes sure that their employers can live off of the wages their suppliers pay, by making sure the suppliers at least pay the minimum wage as defined by law or relevant agreements.

H&M cares about their employees and to show this, they have a framework agreement with UNI and collaborate with EWC. This is all to safeguard their employees right to workplace representation. H&M's Code of Conduct includes freedom of association, and they encourage worker management dialogue in supplier factories.

Lastly, H&M is big on sustainability and believes that it's the true definition of what it means to be a successful business. When H&M thinks of sustainability they like to focus on three important areas: PEOPLE, PLANET, AND PROFIT.  H&M wants to make sure that sustainability is natural and it's apart of everything they do. H&M has a sustainability vision and sustainability policy which can only be maintained by having long-term goals as apart of their sustainability strategy.

Chp. 3 Ethics&Social Responsibility