For many years, we have worked hard to build strong, long-term relations with our suppliers, based on mutual trust and transparency. This allows us to disclose the names and locations of their factories without major concerns about the ongoing competition on the best available production capacity in our industry.
In contrary, our experience showed that this step incentivizes our suppliers for increasingly taking ownership over their sustainability and that it recognizes the progress they make.
This is why we have gone even further now. Besides the names and addresses of our direct supplier factories and any subcontracted factories they might use, you can now also find the most important 2nd tier suppliers. These are fabric and yarn suppliers-to-our-suppliers that are involved in making about 35% of all products within the H&M Group.
We hope that this step will further contribute to increased transparency and sustainability in our entire industry.