White paper presents business case for decarbonisation

18/03/2026
White paper presents business case for decarbonisation

Swedish retailer H&M Group and consultancy Ernst & Young have published a white paper highlighting the business case for accelerating supply-chain decarbonisation.

Collective action and shared investment are essential to scale solutions, accelerate the renewable energy transition and help ensure the industry stays on a pathway aligned with the Paris Agreement, they said.

Adam Karlsson, chief financial officer at H&M Group, said: “CFOs have a fiduciary responsibility to safeguard long-term business resilience, not just short-term profitability. Our role is not to debate whether sustainability targets should be met, but to ensure how they are delivered. This requires a conversation combining cost efficiency and value creation: reducing risk, strengthening resilience, and safeguarding long-term corporate value.”

Image: H&M