SpareBank 1 SR-Bank

Member of UN Global Compact

Headquarters in Norway

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Article
4 March 2019

Bangladesh: Banks fail to hold H&M accountable to living wage promises, says Fair Action report

Author: Fair Action (Sweden), Fair Finance Guide International, The Future in Our Hands (Norway)

"Shareholders of H&M fail to take responsibility for garment workers’ wages", 31 January 2019...

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Story
4 March 2019

Bangladesh: Fair Action reports that Nordic banks fail to hold H&M and other brands accountable to living wage promises

  In February 2019, Fair Action released a report exploring, among other things, the role of Nordic banks (as shareholders) in holding H&M accountable to its promise to ensure living wages for garment workers in its supply chain by 2018, particula...

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Company response
3 March 2019

SpareBank 1 SR-Bank's response to the Fair Action report “Broke in Bangladesh”

Author: Agnethe Brown Erland, Sustainability Manager, SpareBank 1 SR-Bank, Norwary

We are aware of the problems concerning living wages in the garment industry, and we recognize the importance of working towards better working conditions in the textile industry....

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