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Storebrand s response to the Fair Action report Broke in Bangladesh - Business & Human Rights Resource Centre

رد الشركة Storebrand’s response to the Fair Action report “Broke in Bangladesh” Thank you for contacting us regarding the Fair Action s report on the garment industry in Bangladesh with focus on Nordic companies and banks. Since Storebrand Asset Management is not invested in either KappAhl or the Stockmann Group, which Lindex is part of, our answer will focus on our dialogue with Hennes & Mauritz (H&M). Storebrand has been engaging with H&M over the years regarding labor conditions in general and child labour in particular. In 2012, Storebrand started to focus more on wages policies and purchasing practices at suppliers. In 2013, Storebrand visited H&M at its headquarters in Stockholm before H&M announced its Fair Living Wages roadmap. Organisations applauded H&M s announcement, as H&M was taking a leading role regarding this issue within the textile industry. After the announcement, Storebrand continued the dialogue regarding labour

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