Funds for Rana Plaza victims reach $30 million target

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Article
10 June 2015

Rana Plaza Trust Fund Secures $30 million in compensation for victims of collapse

Author: Interfaith Center for Corporate Responsibility

Bangladesh Investor Initiative gratified that brands and retailers acknowledge corporate responsibility to remediate human rights violations in global apparel supply chains...

...The Rana Plaza Donors Trust Fund will be used to compensate thousands of workers who suffered grave injuries and psychological trauma from the collapse, and the families impacted financially due to the loss of income from those who perished. Trustees estimate that 5,000 claimants will receive awards from the Fund. While investors have asked many companies to donate to the Fund, the following companies received a letter on April 8, 2015 requesting contributions: Carrefour, Cato Fashions, The Children’s Place, Iconix, Inditex, J.C. Penny, Kohl’s and Macy’s.

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Article
7 June 2015

Bangladesh: Funds for Rana Plaza victims reach $30m target

Author: Clean Clothes Campaign

The Clean Clothes Campaign...announce a major campaign victory with the confirmation that the Rana Plaza Donors Trust Fund has finally met its target of $30 million, following a large anonymous donation...The CCC has been campaigning since the disaster in April 2013 to demand that brands and retailers provided compensation to its victims...Since then over one million consumers from across Europe and around the world have joined actions against many of the major high street companies whose products were being made in one of the five factories housed in the structurally compromised building. 

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