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QC Geog 3D Group 2

Presentation
by

Tommy Yuen

on 20 November 2013

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Transcript of QC Geog 3D Group 2

Introduction of H&M
Industry: Retail
Products: Clothing, accessories
Headquarters: Stockholm, Sweden
No. of stores throughout the world: 2,629 stores in 43 countries
No. of factories throughout the world: About 800 factories
3D Group 2
Chang Chun Ho (3)
Fung Pu Jian (6)
Hong Ka Lam (8)
Tung Li Chen (24)
Yip Chun Shing (31)
Yuen Cho Yin (34)

Headquarters
Location: Stockholm, Sweden
Works:
Controls the steps of production
Merchandise planning
Establishing specifications
Outsource production to factories in Europe and Asia.
Role of TNCs
Problems
Benefits
Increased job opportunities
Status of women and rights of workers was raised significantly
More tax revenue
Financial Data of H&M:
Revenue: SEK 126.97 billion
Operating income: SEK 24.66 billion
Net income: SEK 18.68 billion

High income of TNC = large inflows of capital to the cost country

Therefore, H&M and other TNCs collectively contribute a significant percentage of GDP to Sweden
Loctions of factories:
Bulgaria
Egypt
Greece
Italy
Latvia
Netherlands
Poland
Portugal
Romania
Sweden
Tunisia
Turkey
Ukraine
Cambodia
China
Indonesia
South Korea
Thailand
Vietnam
Bangladesh
India
Pakistan
sri Lanka
Some employees needed to work overtime without compensation, and to work through meal and rest breaks.
In 2006, a scandal broke that the company’s Cambodian workers were forced to produce clothes in deplorable conditions
H&M refuse to pay a living wage to its workers after over 2400 workers passed out in Cambodian factories due to malnutrition as a direct consequence of low salaries
Child labour exists
In 2009, various anti-slavery groups called on H&M to stop using cotton that was picked by forced child labour
Requirements set by H&M to the suppliers
Absence of forced labour
A ban on child labour
Payment of at least the relevant minimum wage
Fundamental safety provisions
No use of banned chemicals in accordance with H&M’s Chemical Restrictions
Waste water treatment (for factories with wet processes)
Full transparency

Collaborated with local NGOs to develop a series of films in order to educate the workers about their rights and responsibilities
Pollution
According to the Standard,
Greenpeace found out 17 brands, inc H&M, releasing sewages
Greenpeace forced TNCs to disclose plans for toxic-free production
Greenpeace selected 25 fashion brands and called on them to promise to eliminate hazardous discharges
Exploitation of workers
In the past:
Work overtime without compensation, through meal and rest breaks
Cambodian workers were forced to produce clothes in deplorable conditions
Child labour exists
H&M refused to pay a living wage to its workers after over 2400 workers passed out in Cambodian factories due to malnutrition as a direct consequence of low salaries.
= A vacuum cleaner
Intake
Output
From LDCs:
Capital
Labour
Raw materials
Land
Autonomy
Labour rights
For MDC:
Finished products
Large income
For LDCs
Sewages
Toxic water
Intake
Output
Geography-Group Project
The Role of TNCs in Globalisation and
The Impacts in LDCs and MDCs

Full transcript