On 6th anniversary of Rana Plaza collapse investors call for an agreement to allow the Accord to continue
"On the 6th anniversary of the Rana Plaza building collapse, global investors are concerned that the Accord’s future is in doubt, jeopardizing the safety of garment workers"
The Bangladesh Investor Initiative, a group of 190 global investors representing over $US 3 trillion in assets under management, released a statement today calling on the government of Bangladesh and the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) to negotiate an agreement allowing the Accord for Fire and Building Safety in Bangladesh (Accord) to continue its work in the garment sector. The Accord’s record of identifying and remediating safety issues assures global brands and their investors that risks to workers and brand reputation are being mitigated.
See full statement here.