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Article

25 Oct 2016

Author:
Interfaith Center on Corporate Responsibility

Investors release statement in response to the September 2016 Tampaco Foils Ltd. factory fire/building collapse in Bangladesh

On September 10, 2016 a boiler exploded at the Tampaco Foils Ltd. factory in Bangladesh causing a fire and building collapse that took the lives of 35 workers and injured over 50 more. Two major companies—British American Tobacco (BAT) and Nestle--have a business relationship with the Tampaco factory to package their products.  An investor statement coordinated by ICCR has called on the two companies to commit to: 

  1. Comprehensive fire and safety inspections that include thorough inspections of boilers.
  2. Worker training on fire and safety procedures and worker/management safety and health committees.
  3. Compensation to the workers injured and to the families of those killed at Tampaco, following the model of the Rana Plaza Donors Trust Fund..