Evaluation of H&M's CSR Policy and Philanthropic Activities

H&M case study

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
Evaluation of H&M policy to have the identification and prevented potential impact on
human right.............................................................................................................................3
H&M’s range of Philanthropic activities ..............................................................................4
H&M’s CSR policy................................................................................................................5
Challenges faced by H&M in meeting its environmental and sustainability ambitions. .....7
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................9

INTRODUCTION
Corporate social responsibility is considered about needs for business developments
which is considered to be parts of good corporate citizens. This makes clear sense of
involvement over different parts which is beyond the laws requirements in sense of protection of
environments along with development of social welfare. This is considered as worldwide
accepted obligation for the business in modern terms. H&M company is the Swedish
multinational company which is well known for fast fashion clothing for men, women along with
teenagers and children (Song, Wang and Zhu, 2018). The company considered to have the
responsibility to corporate sense of brand images. The company has effective development of
sustainable policy in order to meet up several commitments. In this report, the will be clear
discussion for the case study with reference to the H&M company along with sustainable
corporate responsibility.
MAIN BODY
Evaluation of H&M policy to have the identification and prevented potential impact on human
right.
As per the notation of the corporate responsibility, there is the consideration of three different
approaches which is been used to accomplish the need of confronted managements. The three
theoretical approaches to these new responsibilities:
1.Corporate social responsibility (CSR)
2.The triple bottom line
3.Stakeholder theory
This corporation have emphasis of both responsibility that is to make money along with
interacts ethical manner. The corporate social responsibility have the specific conceptions to
profit while playing in broader for considerations of community welfare.
The for obligation are such as -
Economic responsibility
The economic responsibility have obligation towards the business version of survival
instinct. As the firm is having the proper valuation's of the vast majority of operations, it terms to
have appropriate level of profits. Without them, there’s no business and no business ethics.
Human rights have the clear approach over companies to have respects for all human rights
which is considered to be the framework. This framework is universally recognized along with