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H&M awards for sustainability inside 360 MAGAZINE

H&M Foundation Award

H&M Foundation awards 5 innovations a total €1 million grant for their efforts to make the fashion industry planet positive.

A laundry solution that prolongs garments’ life, AI helping smallholder cotton farmers to increase yield and income, an invention realising the circular recycling of elastane and polyester blends, carbon-negative viscose made from CO2 emissions and regenerative agriculture making planet positive alternative to goose down – these are the five Global Change Award winners 2022, sharing a €1 million grant from the non-profit H&M Foundation.

The H&M Foundation launched the Global Change Award in 2015 to transform fashion and make it planet positive, in order for the industry to fulfil the UN Sustainable Development Goals by 2030. That means finding and supporting disruptive innovations that address one or several of the earth’s global commons – land, water, oceans, climate and biodiversity. As the aim is to find innovations that allow major change for the entire industry the winners are free to collaborate with any actor they want.

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

The response from applicants was overwhelming and made it clear that there is no shortage of disruptive innovations out there. The momentum to transform the fashion industry into a planet positive one, to protect our planet and improve people’s living conditions has never been stronger. This year’s winners are:

BioPuff® by saltyco (UK) – A planet positive alternative to goose down, crafted from plants that heal damaged land.

BIORESTORE (Sweden) – A laundry solution that restores old and worn garments to mint condition.

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 process making elastane and polyester blend fabrics recyclable.

Rubi (US) – Planet positive viscose and lyocell made from carbon emissions.

In addition to the financial grant, all five winners also get access to the one-year GCA Impact Accelerator programme provided by H&M Foundation in partnership with Accenture, KTH Royal Institute of Technology and The Mills, offering the winners invaluable coaching and support, along with a strong network and memories for life. The GCA Impact Accelerator 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.

The Global Change Award was initiated in 2015 by non-profit H&M Foundation to transform fashion and make it planet positive. By catalysing early-stage innovations that can accelerate this shift, the aim is safeguard humanity and our planet. Planet positive fashion means that every garment made needs to have a positive impact on earth’s shared resources – it’s global commons: land, water, oceans, biodiversity and climate.

Each year, five winners share a 1 million euro grant and get access to the yearlong GCA Impact Accelerator provided by the H&M Foundation in collaboration with Accenture, KTH Royal Institute of Technology and The Mills Fabrica. Neither H&M Foundation nor H&M Group take any equity or intellectual property rights in the innovations, as the aim is to find innovations that allow major change for the entire industry.

The H&M Foundation is privately funded by the Stefan Persson family, founders and main owners of H&M Group. Its overall aim is to accelerate the progress needed to reach the UN Sustainable Development Goals by 2030. 

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As seen in Yahoo Finance.

Mina Tocalini, 360 Magazine, Scooter Braun

Scooter Braun on Coronavirus

Scooter Braun, manager to Justin Bieber and Ariana Grande, among others,  sat down with Yahoo Finance’s Andy Serwer to share his thoughts on coronavirus and his position in business.

In the newly released interview, taped on May 20, Braun called on top executives to sacrifice some of their wealth, if necessary, to ensure the well-being of their employees.

Braun on his view on top executives during the pandemic: “I don’t think it’s okay to whine about being compromised when your employees are being  devastated.”

More on his view on top executives during the pandemic: “If you’re living such a glamorous life, then maybe you don’t get that extra luxury, maybe you get compromised, maybe things feel a little bit tight for you.”

On salary cuts for employees: “I’m a firm believer that if salaries need to be cut or people need to be fired, the CEO should drop their salary in this one year down to zero…I’ve made it very clear for my employees day one that if there’s going to be any salary cuts, it will be mine first.”

On the inability of political leaders to reach compromise agreements to better address the pandemic: “I really feel at this point that our leaders need to stop worrying about just their base, and realize that we’re now being put in a position by the environment — by the world, the planet —now teaching us a lesson.”

You can view the rest of the conversation here.

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Drink Nilo: Vegan Hangover Recovery Remedy

Nilo Brands creates Hangover Recovery® an All-Natural FDA-Compliant Hangover Remedy

Imagine a time when you can go out drinking without worrying about the hangover you’ll have the next day. Thanks to NILO® Hangover Recovery that day is here! NILO® Hangover Recovery is an all-natural, vegan remedy that will help you go from zero to hero after a long night of celebrating. With NILO, which is packed with ingredients proven to aid in the prevention of hangovers, you can seize the day, everyday.

“Being diagnosed with a liver condition that gives me terrible hangovers even after drinking just two beers, inspired me to find a remedy,” said Founder and CEO of NILO®, Said Chedraui. “My goal was to not only improve my daily life, but also help everyone live a better and more productive life.”

The main ingredient in Hangover Recovery is a powerful antioxidant called DHM which is derived from Hovenia Dulcis, a Japanese tree. DHM accelerates liver detoxification and minimizes the negative morning-after effects of alcohol. After over a year of perfecting the Hangover Recovery formula, NILO® found just the right blend of DHM and other super antioxidants such as Glutathione, Milk Thistle, Chicory Root, Vitamin B Complex, and electrolytes.

Hangover Recovery is easy to use and makes it even easier to wake up the next morning:

Step 1: Have a good time.

Step:2 Take one full bottle while drinking.

Step 3: Go to sleep and wake up like a superhero!

NILO® Hangover Recovery is available to purchase through the website or at select online and retail locations including Northgate Markets, Marketon, and Amazon.

For more information about how Hangover Recovery works, visit http://drinkhangoverrecovery.com/ and follow @DrinkHangoverRecovery on Instagram and Facebook.

About NILO®:

Said Chedraui founded NILO® in California in 2014. The premium brand was inspired by the Nile River, as this geographical landmark was the source of life to Ancient Egypt. NILO’s® first product was NILO® Pure Coconut Water with real coconut chunks which quickly gained popularity on the west coast and surpassed big brand names like Vita Coco and Zico in all retailers where NILO® Pure Coconut Water was offered. NILO® has since expanded to provide a variety of 100% natural Tropical Fruit drinks such as Guanabana Juice that derives from a super fruit known for its anti-Cancer properties. Its most recent product HANGOVER RECOVERY™ reduces the negative effects of alcohol. The company has continued to grow rapidly at 100% per year and selling $5MM after the second year. NILO® products are now offered at over 3,000 retailers such as Northgate Markets, Ralphs, Food4Less, etc.

For more information on NILO®, please visit http://www.drinknilo.com/ or follow @DrinkNilo on Instagram and Facebook.