{"id":181664,"date":"2021-10-08T18:00:28","date_gmt":"2021-10-08T17:00:28","guid":{"rendered":"https:\/\/www.theindustry.fashion\/?p=181664"},"modified":"2021-10-08T19:43:32","modified_gmt":"2021-10-08T18:43:32","slug":"hm-group-partners-with-matrix-renewables-for-renewable-energy-agreement","status":"publish","type":"post","link":"https:\/\/www.theindustry.fashion\/hm-group-partners-with-matrix-renewables-for-renewable-energy-agreement\/","title":{"rendered":"H&#038;M Group partners with Matrix Renewables for renewable energy agreement"},"content":{"rendered":"<p><a href=\"https:\/\/www.theindustry.fashion\/the_directory\/hm-group\/\">H&amp;M Group<\/a> has entered a long-term partnership with renewable energy platform, Matrix Renewables. The collaboration aims to<strong> contribute to the continued decarbonisation of Europe's consumer goods sector<\/strong>.<\/p>\n<p><!--more--><\/p>\n<p><strong>The brand's goal is to become climate positive and use 100% renewable energy in its own operations<\/strong>, along with increasing the use of renewable energy with partners and suppliers.<\/p>\n<p>Luis Sabat\u00e9, President and COO of Matrix Renewables, said: \"Clothing and textile production can be energy and carbon intensive. We are excited to support H&amp;M group in achieving its sustainability goals and we look forward to working closely with the fashion group as it progresses along this journey.<\/p>\n<p>\"This initiative is consistent with our belief that the development, construction and operation of cost-effective clean energy projects can foster economic growth while preserving the environment.\"<\/p>\n<p>Founded in 2020 by global alternative asset manager TPG,\u00a0<strong>Matrix Renewables focuses on developing, constructing and being long-term owners of renewable energy assets<\/strong>.<\/p>\n<p>This partnership follows the recent announcement of H&amp;M's sustainable fashion collection with actor John Boyega and the introduction of delivery packaging made from recycled or other sustainably sourced materials.<\/p>\n","protected":false},"excerpt":{"rendered":"<p> [&hellip;]<\/p>\n","protected":false},"author":100,"featured_media":152901,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[10488,9763,6,12969],"tags":[3956,13088,21395,21396,4039],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>H&amp;M Group partners with Matrix Renewables for renewable energy agreement - TheIndustry.fashion<\/title>\n<meta name=\"description\" content=\"H&amp;M Group has entered a long-term partnership with renewable energy platform, Matrix Renewables. 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