H&M Foundation Innovation Challenge: Decarbonize Fashion

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The H&M Foundation, a nonprofit organization, is actively inviting changemakers with innovative early-stage solutions to participate in its 2026 innovation challenge focused on decarbonizing the fashion industry and promoting equity.

From September 1 to October 6, the H&M Foundation will accept nominations for its Global Change Award innovation challenge, encouraging individuals with groundbreaking ideas aimed at helping the textile industry reduce its greenhouse gas emissions by 50% every decade leading up to 2050.

The Global Change Award seeks proposals in four critical areas:

Annie Lindmark, the program director for innovation at the H&M Foundation, expressed her enthusiasm for submissions in the Wildcards category, hoping to see ideas that bring about significant change in surprising ways.

She stated, โ€œIn 10 years, I hope the changemakers we select today will have helped build a textile industry that thrives within planetary boundaries and supports human wellbeing. An industry where decarbonisation is a given, equity is embedded, and innovation is inclusive. Above all, I hope they will have shifted the industryโ€™s mindset, redefining progress and transforming how we think, collaborate, and lead.โ€

Since its inception in 2015, the award has identified 56 global innovations, with notable recipients including the traceability platform TextileGenesis and Ambercycleโ€™s molecular regeneration technology, which together received a โ‚ฌ10 million ($11.72 million) grant.

Several past winners have successfully scaled their innovations with international brands and attracted substantial investments, demonstrating how philanthropic funding can catalyze significant industry transformations.

This yearโ€™s award will utilize a nomination-based approach. A global network of nominators, including universities, NGOs, foundations, accelerators, and alumni, will assist in discovering hidden talents.

The H&M Foundation will collaborate with partners such as Ashoka, Textile Exchange, and the Ellen MacArthur Foundation to identify new innovators.

Lindmark emphasized, โ€œThis industry doesnโ€™t have the luxury of waiting for perfect solutions. The biggest climate breakthroughs often start as fragile, early-stage ideas in unexpected places, and thatโ€™s exactly where we can make a difference as a philanthropic actor.โ€

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