International
Nordea Funds | Working conditions in the textile industry under scrutiny | Active ownership
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In 2011 and again in 2013, ESG analysts went to investigate issues concerning working conditions in general in the garment industry. In the past decades, the industries have expanded, but severe incidents like fires and building collapses have taken place as well.
Swedish textile company H&M is one of the world's strongest clothing brands with more than 2,200 stores in 38 countries. Some of the clothes are produced in Cambodia, one of the world’s poorest countries. As one of few companies, H&M has chosen to be completely open about their challenges.
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DK: nordeainvestmagasinet.dk/aktivt-ejerskab
NO: nordeafondsmagasinet.no/aktivt-eierskap
SE: nordeafondmagasinet.se/aktivt-agande
FI: nordeafundsmagazine.fi/aktiivinen-omistajuus
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