Thursday, December 12, 2024
spot_img
spot_imgspot_img
HomeEventsBGMEA President for globally accepted uniform due diligence laws

BGMEA President for globally accepted uniform due diligence laws

The ready-made garment industry of Bangladesh is increasingly aligning with new due diligence laws and sustainability to remain a preferred choice of global buyers as a responsible and ethical apparel sourcing hub in the world.

BGMEA President
Figure: Mr. Faruque Hassan, President of BGMEA, speaking at the round table discussion on “Due Diligence Laws”

Along with the focus on sustainability and workers empowerment, Bangladesh’s RMG industry has also been focusing on sustainable and ethical business practice throughout the journey.

In collaboration with GIZ, BGMEA has established Responsible Business Hub (RBH) within BGMEA is to provide all up-to-date knowledge, raising awareness, providing training, and advisory services to factories on the standards and requirements of Human Rights and Environmental Due Diligence (HREDD).

Faruque Hassan, President of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), made the remarks while speaking at a round table discussion on “Due Diligence Laws” organized by the International Business Forum of Bangladesh (IBFB) at its conference hall in Dhaka on January 23.

H.E. Charles Whiteley, Ambassador and Head of Delegation, EU to Bangladesh also spoke at the discussion while Dr. Bernd Spanier, Deputy Head of EU Mission, delivered the keynote speech.

Speaking at the discussion, Faruque Hassan underscored the need for due diligence laws which will be global and accepted in all places.

He said, “The goal we want to achieve through implementing due diligence law is universal and desired by all. So, the legislation should be something that is truly global and accepted in all places which is not the case we are witnessing.”

“On one hand, it is increasing the cost of compliance for the manufacturers. Along with that, factories vary in terms of cost competitiveness and capacity levels, which is making it more difficult for them to comply with several legislations while it can be done in a universal way,” he added.

Calling for greater collaboration to implement due diligence laws, he said, “This is not a one man’s game rather it requires support and assistance from both the parties to make it successful.”

Mohammad Hatem, Executive President of the Bangladesh Knitwear Manufacturers and Exporters (BKMEA), Mohammad Ali Khokon, President, the Bangladesh Textile Mills Association (BTMA) also spoke at the roundtable discussion which was chaired by Humayun Rashid, President of IBFB.

YOU MAY ALSO LIKE
- Advertisement - spot_img

Join Our Weekly Newsletter

spot_img

Upcoming Events

 

Simillar News

Recent Random

PIGMENTURA by CHT is awarded with the German Ecodesign Award

On December 2nd, 2024 the pigment-based dyeing process PIGMENTURA was awarded with the German Ecodesign Award in the Product category. Inspired by Inditex, the CHT...

Youngone Nam Dinh Marks 20 Years of Excellence in Vietnam

On December 7, Youngone Nam Dinh Ltd. (YNL), a sister company of South Korea-based Youngone Corporation, celebrated its 20th anniversary in Vietnam with a...

10th YARN, FABRICS & ACCESSORIES SHOW 2024 Begins

The 10th YARN, FABRICS & ACCESSORIES SHOW, a focused sourcing event for yarn, fabrics, and accessories has started today at Hall-2 of Mezzanine Floor,...