August 25, 2015 /3BL Media/ - On August 25, the H&M Conscious Foundation launches the first ever Global Change Award − one of the world’s biggest challenges for early stage innovation and the first such initiative in the fashion industry. By catalysing green, truly ground-breaking ideas the aim of the challenge is to protect the earth’s natural resources by closing the loop for fashion.

Five winners, chosen by an expert jury, will share a grant of €1 million and get access to a tailor-made innovation accelerator. The global public will be invited to distribute half of the total grant through an online vote. The result will be revealed at a grand award ceremony in Stockholm, in February 2016.

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