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Industry Talk

Foundation announces Global Change winners

Companies will receive help in scaling at speed through business, technology, investor and innovation readiness.

11th April 2022

Innovation in Textiles
 |  Stockholm, Sweden

Clothing/​Footwear, Sustainable

The five winners of the 2022 H&M Foundation Global Change Award will share a €1 million grant and also be given access to the one-year GCA Impact Accelerator programme to provide coaching and support.

This year’s winners are:         

-BioPuff by saltyco (UK), an alternative to goose down, crafted from plants that heal damaged land.

-Biorestore (Sweden), a laundry solution that restores old and worn garments.

-CottonAce by Wadhwani AI (India), an AI solution that reduces pesticide use, increases yield and raises incomes for smallholder cotton farmers.

-Re:lastane (China), the first mild chemical recycling process for seperately recycling elastane and polyester blended fabrics.

-Rubi (USA), sustainable viscose and lyocell made from carbon emissions.

The H&M Foundation launched the Global Change Award in 2015 to find and support disruptive innovations that address sustainability.

“The winners of the award hold the key to the complex challenges we are facing and prove that it’s possible to reinvent fashion,” said Karl-Johan Persson, board member of H&M Foundation and chairman of H&M Group. “Their game-changing innovations are really inspiring and can help transform the fashion industry into a planet positive one.”

The GCA Impact Accelerator programme provided by H&M Foundation in partnership with Accenture, KTH Royal Institute of Technology and The Mills aims to help the winning ideas scale at speed through business, technology, investor and innovation readiness, and industry access. It also offers winners a mix of inspiring digital sessions and meetups at key locations.

www.hmfoundation.com

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