Organization · Grant Maker
H&M Foundation
The H&M Foundation is a non-profit philanthropic organization based in Stockholm, Sweden, focused on creating a socially inclusive and planet-positive textile industry. It aims to reduce greenhouse gas emissions in the sector and achieve net-zero by 2050.
Overview
What H&M Foundation does
What H&M Foundation is
The H&M Foundation is a non-profit philanthropic organization based in Stockholm, Sweden, focused on creating a socially inclusive and planet-positive textile industry. It aims to reduce greenhouse gas emissions in the sector and achieve net-zero by 2050.
How it participates in the startup ecosystem
The current public profile supports grantor capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Grant Maker
- Founded
- Founded in 2013
- Approximate age
- About 13 years
- Structured capabilities
- Grantor
- Last reviewed
- April 10, 2026
Official channels
Find H&M Foundation elsewhere
Open the official website or a supported primary organization account.
Capability profile
H&M Foundation as a grantor
Grant thesis
The H&M Foundation focuses on driving positive change in the textile industry through sustainability and social equity initiatives. It aims to support projects that promote a just transition for people and the planet, with a commitment to halving greenhouse gas emissions in the textile sector by 2050.
Focus narrative
The H&M Foundation invests in initiatives that transform the textile industry, focusing on sustainability and social equity. Their efforts include supporting innovations that reduce emissions, promote circularity, and ensure fair treatment and opportunities for workers, particularly women in the garment industry. The foundation is primarily active in Bangladesh and India but also engages in global initiatives.
Value and support
Beyond funding, the H&M Foundation provides valuable insights and networking opportunities through events like the Global Change Award Summit and the Open Perspectives series. These platforms foster discussions on advancements and challenges in the textile industry, promoting collective action and collaboration among stakeholders.
Grant economics
- Grant range
- $2,000,000
- Dilutive
- No
- Nonprofit only
- Yes
Availability
- Application state
- Accepting
- Application cycle
- annual
Eligibility and fit
- Stages
- Pre-seed · Seed
- Audience
- Founders
- Inclusion focus
- women-founded
- Regions
- Global
Process and recipient context
Application process
The H&M Foundation runs various programs, including the Global Change Award, which is an annual innovation challenge that funds early-stage ideas aimed at transforming the textile industry. Interested applicants can participate in this challenge to receive grants for their innovative solutions. The foundation also supports initiatives like Oporajita, which empowers women garment workers, and Saamuhika Shakti, which focuses on social inclusion and circularity in India.
Recipient context
Notable past grantees include the winners of the Global Change Award, who receive funding to develop their innovative ideas for the textile industry. The Oporajita initiative has also supported numerous women garment workers in Bangladesh, providing them with skills and resources.
Common questions
What to know about H&M Foundation
Upseed classifies H&M Foundation under the Grant Maker organization type. Its current public profile includes grantor capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
April 10, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.