H&M Group has established a Sustainable Finance Framework to enable the issuance of Green Financing and Sustainability-Linked Financing instruments. The Green Finance Framework specifies eligible projects under the International Capital Market Association (ICMA) categories circular economy, green buildings, renewable energy, energy efficiency and sustainable water management and wastewater management. The Sustainability-Linked Finance Framework includes the H&M group’s 2030 goals for share of recycled materials in commercial goods and for GHG emissions reductions for scope 1, 2 and 3, verified by the Science-Based Targets initiative.