H&M Foundation

H&M Foundation is an independent global non-profit organization that funds initiatives aimed at making the textile industry planet positive and fostering inclusive societies, accelerating UN Sustainable Development Goals. Operating independently from the H&M Group, it catalyzes positive change within the fashion sector through various humanitarian and environmental projects. The foundation received an initial investment of $180 million from the Stefan Persson family, who are the founders and majority owners of H&M Group. Key figures include Stefan Persson, H&M chairman, and board member Karl-Johan Persson, with roots tracing to H&M founder Erling Persson. Focusing on environmental sustainability and humanitarian efforts, the H&M Foundation evolved into its independent structure in 2013, primarily funded by the Stefan Persson family.