Funds for Rana Plaza victims reach $30 million target
All components of this story
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.
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.
- Related stories: Bangladesh: Four months on, families of victims of Rana Plaza building collapse still waiting for adequate compensation Bangladesh: Survivors and families of victims of Rana Plaza building collapse began receiving compensation Funds for Rana Plaza victims reach $30 million target Rana Plaza two years on: Progress, but compensation and workers' rights still lacking Show moreShow less
- Related in-depth areas: Rana Plaza building collapse, April 2013 The Rana Plaza building collapse in Bangladesh - one year on