HM. Ethics and Social Responsibility of the Swedish...

HM. Ethics and social responsibility of the Swedish fashion giant (case study) Author: Maria Roszkowska-Ã…Å¡liÃ… ¼, Katedra Teorii ZarzÄ…dzania, Kolegium ZarzÄ…dzania i Finansà ³w, Warsaw School of Economics Source: â€Å"Style and Substance. Sustainability Repot 2009†, HM 2010 Warsaw, 2011 HM Ethics and social responsibility of the Swedish fashion giant HM is one of the world’s largest fashion company employing 76 thousand people. The company, established in Sweden in 1947, owes now around 2 200 stores in 35 different countries. It offers a varied selection of clothes for women, men, teens and children, as well as cosmetics, shoes and accessories. HM offers its customers fashion and quality at the best price, nevertheless still†¦show more content†¦The set of standards outlined by the Code are the basis for the suppliers audit programme.. Full Audit Programme (FAP) FAP, revised in 2008, enables the company o monitor its suppliers’ compliance with the standards mentioned in the Code of Conduct. Audits are carried out in All production units manufacturing for HM. The main aim of FAP is to identify the most urgent issues to be solved within the company’s supply chain and prepare in co-operation with the suppliers correction plans. The major audit tool is the detailed FAP questionnaire, which consists of more than 90 main questions. The audit process involves an inspection (in most cases unannounced) of the site and examination of a variety of company files and records, such as timesheets, wage records and employment contracts, to determine compliance with the questions within the Full Audit Programme questionnaire. Management systems are analysed and interviews with employees and management are conducted at the time of the audit. Interviews with employees are part of every FAP audit. We provide factory employees that we interview with business cards with our contact details so that they can report any grievance directly to HM. The audit results are discussed with the management and a time-frame to rectify areas of noncompliance is agreed. Suppliers must then draft a correction plan. HMs auditors will then check on theShow MoreRelatedHM. Ethics and Social Responsibility of the Swedish Fashion Giant1511 Words   |  7 PagesHM. Ethics and social responsibility of the Swedish fashion giant (case study) Author: Maria Roszkowska-Ã…Å¡liÃ… ¼, Katedra Teorii ZarzÄ…dzania, Kolegium ZarzÄ…dzania i Finansà ³w, Warsaw School of Economics Source: â€Å"Style and Substance. Sustainability Repot 2009†, HM 2010 Warsaw, 2011 HM Ethics and social responsibility of the Swedish fashion giant HM is one of the world’s largest fashion company employing 76 thousand people. 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