H&M Among Leading Green Power Users In The U.S.

Environmental Protection Agency (EPA) recognizes H&M for leading green power use and for reducing carbon footprint

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Apr 28, 2015, 10:51 ET

NEW YORK, April 28, 2015 /PRNewswire/ -- H&M is No. 32 on the U.S. Environmental Protection Agency's (EPA's) National Top 100 list of the largest green power users. H&M is using nearly 172 million kilowatt-hours (kWh) of green power annually, which is enough green power to meet 100 percent of the organization's electricity use. This demonstrates a proactive choice to switch away from traditional sources of electricity generation and support cleaner renewable energy alternatives.

In addition to H&M's spot on the National Top 100 list, H&M also appears as No. 5 on the Top 30 Retail list. This green power commitment also qualifies H&M for EPA's Green Power Leadership Club, a distinction given to organizations that have significantly exceeded EPA's minimum requirements. Green Power Leadership Club members must use ten times the Partnership's minimum green power use requirement organization-wide.

"We congratulate H&M for using green power and taking a leadership position on the environment. H&M's impressive green power commitment helps to reduce carbon pollution and provides an excellent example for other organizations to follow," says James Critchfield, Director of the Green Power Partnership.

According to the U.S. EPA, H&M's green power use of nearly 172 million kWh is equivalent to avoiding the carbon dioxide (CO₂) emissions from the electricity use of more than 16,000 average American homes annually.

About EPA's Green Power Partnership:
The Green Power Partnership is a voluntary program that encourages organizations to use green power as a way to reduce the environmental impacts associated with electricity use. The Partnership currently has nearly 1,300 Partner organizations voluntarily using billions of kilowatt-hours of green power annually. Partners include a wide variety of leading organizations such as Fortune 500^® companies; small and medium sized businesses; local, state, and federal governments; and colleges and universities. For additional information, please visit epa.gov/greenpower.

For more information on H&M's sustainability effort click here.

H & M Hennes & Mauritz AB (publ) was founded in Sweden in 1947 and is quoted on NASDAQ Stockholm. The company's business concept is to offer fashion and quality at the best price in a sustainable way. In addition to H&M, the group includes the brands & Other Stories, Cheap Monday, COS, Monki and Weekday as well as H&M Home. The H&M Group has approximately 3,500 stores in 57 markets, including franchise markets. In 2014, sales including VAT were SEK 176,620 million and the number of employees is more than 132,000. For further information, visit hm.com.

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