News article

H&M Foundation awards 5 innovations a total €1 million grant for their efforts to make fashion sustainable

Lab made vegan leather, fibers made of nettles, a digital system to make products recyclable from scratch, children’s clothes that expand and a biodegradable toxic-free membrane for outdoor wear are this year's Global Change Award winners, sharing a €1 million grant from the non-profit H&M Foundation. Their common denominator? Improving fashion's impact on the planet through innovation.

4 Apr, 2019

"The winners of the Global Change Award prove that it’s possible to improve the environmental impact of the fashion industry. They are a true inspiration and great partners to any fashion company that wants to contribute to protecting the planet and our living conditions. The initiative with Indiegogo adds an important piece as it also enables the public to be at the very heart of finding and funding a future for sustainable style,” said Karl-Johan Persson, board member of H&M Foundation and CEO of H & M Hennes & Mauritz AB.

"The winners of the Global Change Award are a true inspiration and great partners to any fashion company that wants to contribute to protecting the planet and our living conditions."

Karl-Johan Persson, board member of H&M Foundation and CEO of H & M Hennes & Mauritz AB

 

Selected out of 6,640 entries from 182 countries by the prominent expert panel, here are this year's Global Change Award winners and how the €1 million grant is distributed:


In addition to the financial grant, all winners also get access to a one-year innovation accelerator program provided by H&M Foundation in partnership with Accenture and KTH Royal Institute of Technology, taking them to Stockholm, New York and Hong Kong. The program also gives access to virtual coaching sessions during the year. This setup brings significant value to the winners and has proven to cut years off the development timeline.

“In five years, our idea will have increased the use of fiber recycling and multiple reuse possibilities tremendously. We envision that 150 million circularity.ID’s will be out on the market, ensuring that each circularly designed garment will be regenerated to high quality fibers after use,” said Ina Budde, co-founder of circular.fashion.

Among the thousands of entries to this year’s Global Change Award, 45 percent rank "funding" as their biggest obstacle. Clearly, crowdfunding holds great untapped potential as a funding option as well as an opportunity for the whole innovation ecosystem to contribute and make a difference. H&M Foundation’s initiative with Indiegogo puts consumers in the front seat, enabling them to take active part as supporters, backers and testers of the five innovations.

“Additional funding could unlock the opportunity for us to experiment with recycled fibers, colors and patterns which we currently are unable to achieve at our size. It would also allow us to make additional hires needed ahead of entering scaled production of Petit Pli suits,” said Ryan Yasin, founder of Petit Pli.

“Additional funding could unlock the opportunity for us to experiment with recycled fibers, colors and patterns which we currently are unable to achieve at our size.

Ryan Yasin, founder of Petit Pli

 

For more information or scheduling of interviews, please contact:

Malin Björne
Communications Manager, H&M Foundation
malin.bjorne@hmfoundation.com
+46 70 796 39 75

 

For more information on the innovations and crowdfunding initiative and Trend Report see globalchangeaward.com.

For visual material click here

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Global Change Award was initiated 2015 by H&M Foundation, a non-profit global foundation, privately funded by the Stefan Persson family, founders and main owners of H&M group. By catalysing early stage innovations that can accelerate the shift from a linear to a circular fashion industry, the aim of the Global Change Award is to protect the planet and our living conditions. Each year the five winning teams share a grant of €1 million and get access to a one-year accelerator program provided by the H&M Foundation, in collaboration with Accenture and KTH Royal Institute of Technology. Neither the H&M Foundation nor the H&M group take any equity or intellectual property rights in the innovations. The H&M Foundation’s overall aim is to accelerate the progress needed to reach the UN Sustainable Development Goals by 2030. It focuses on four areas; Education, Water, Equality and Planet. For further information, please visit globalchangeaward.com and hmfoundation.com.

 

 

 

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