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Organization: H & M Foundation

In 2021, the H & M Foundation partnered with the Laudes Foundation and Planet Tracker to fund development of a blockchain textile tracker.

In May 2022, the H & M Foundation announced their partnership with TextileGenesis, applying textile traceability to H&M products. 

The H&M Foundation also launched The Billion Dollar Collection in May 2022, expanding their efforts in bringing traceability to the textile industry: this virtual fashion collection was created to raise funds towards support for start-ups working towards creating a sustainable fashion industry. 

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