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H&M: Women in the Workforce in 2021

Industry: Clothing, Footwear and Accessories Specialists
Current: ESG

In 2021, H&M reported 74% women participation in its workforce which remained unchanged over 2020
H&M had 55% women representation among its Board of Directors in 2021
In 2021, H&M had 63% female workers in its Tier 1 production supply chain

Women Representation in H&M’s Workforce

The gender gap in organizations has narrowed over the past three decades, giving more effortless labor mobility worldwide. There has also been increasing global awareness regarding the right to a dignified and respectful workplace irrespective of the sexual orientation and ethnicity of the employees, which promotes an open and inclusive workplace. However, labor market disruption due to the COVID-19 has had devastating consequences globally. According to International Labour Organization (ILO), women’s employment declined by 5% globally in 2020 compared with around 4% for men.

Diversity, equity, and inclusivity (DEI) are critical to the business performance of the retailers which includes food retail, fashion retail, and other outlets, since consumers want to buy goods that reflect their values, wants, and needs. Consumers expect more from brands than ever, and retailers must honor DEI. Understanding the brand, setting DEI commitments from the top, delivering on the pledges, recruiting from diverse pools, and creating a supportive environment can all contribute to DEI.

Gender Diversity at H&M

H&M Hennes & Mauritz AB (H&M) is a retailer of fashion apparel and accessories. The company’s product portfolio includes shorts, cardigans, sweaters, blazers suits, t-shirts, sweatshirts, shirts, sports and swimwear, and lingerie. It also offers cosmetics and accessories such as jewelry, hats and gloves, belts and suspenders, home textiles, homeware, sunglasses, and watches. The company offers these products under H&M, Afound, COS, Monki, Weekday, Sellpy, etc.

In 2021, women represented 74% of H&M’s workforce which remained unchanged over 2020. In the same year, the company had 55% women participation among its Board of Directors and 71% participation in Management positions.

H&M had 63% female workers, 28% females as supervisors, and 62% worker representatives as female in its Tier 1 production supply chain in 2021.

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