Bangladesh: Alleged inadequate cost-sharing by apparel brands for greening of RMG industry factories
"Unlocking green benefits: What Bangladesh's apparel-makers need to secure higher prices from buyers", 13th September, 2024
...Bangladesh has set an aim to reduce carbon emissions by 21.8% by 2030...As a significant stakeholder, readymade garment owners are continuously taking part in achieving the country's Just Transition Goal...
...Bangladesh has become the home of the world's top-rated green factories...
...It is encouraging that the number of green buildings in the RMG and textile sector reached 218, whilst around 386 RMG and textile factories are in the certification process...
...Still, Bangladesh's ready-made garments industry is going through many challenges. It requires a huge investment for green factory installation which is more than 20 to 30% of conventional factory installation cost...
...Our entrepreneurs are so upset with the buyers' unethical attitude toward green product fair pricing. The most interesting part is everyone appreciates Bangladesh's progress towards a sustainable industry, but in terms of payment, there is no willingness to pay the appropriate price for sustainable green clothing...