Determining the True Cost of Remediating Bangladesh's RMG Sector

Determining the True Cost of Remediating Bangladesh's RMG Sector

The IFC/ILO concluded that as of June 2016, the remaining funding gap of the total cost of remediating Bangladesh’s apparel industry is 448 million USD. While this estimate draws valuable attention to the magnitude of the financing gap, new research by the NYU Stern Center finds that this estimate is far too low.

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Assessing the true size of the garment industry in Bangladesh and why it matters

Assessing the true size of the garment industry in Bangladesh and why it matters

A recently released follow-up study from the BRAC University’s Centre for Entrepreneurship Development in Dhaka, confirms the NYU Stern Center’s findings. Using a similar methodology that combines analysis of several online databases and field research the BRAC University Center found over 8,000 garment factories in Bangladesh.

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3 Issues That Should Drive Kerry’s Agenda in Dhaka

3 Issues That Should Drive Kerry’s Agenda in Dhaka

With a brutal terrorist attack on July 1, cyber theft of $101 million of Bangladesh’s assets through the Federal Reserve Bank of New York in February, and a deadly factory collapse that killed more than 1,100 workers in its powerhouse apparel sector in 2013, Bangladesh is looking like a potential trouble spot for the U.S. Here are three issues that should be on the agenda as Kerry lands in Dhaka on Monday.

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Three years after Rana Plaza – Is Bangladesh’s garment sector now safe and sustainable?

Three years after Rana Plaza – Is Bangladesh’s garment sector now safe and sustainable?

As the third anniversary of Rana Plaza approaches the time is ripe to assess what has been achieved in Bangladesh and what issues still need to be addressed to reach the declared objective of a safe and sustainable garment sector.

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Factory safety and labor protections; the difference between the Triangle Shirtwaist factory fire and Rana Plaza

Factory safety and labor protections; the difference between the Triangle Shirtwaist factory fire and Rana Plaza

On the anniversary of the Triangle factory fire, it’s important to remember that tragedy doesn’t always yield opportunity. In a globally integrated economy, we can’t rely on poorly resourced governments to undertake similar transitions toward greater oversight and greater value on their own. 

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Ensuring labor rights in global supply chains requires transparency in all layers of multi-tiered systems

Ensuring labor rights in global supply chains requires transparency in all layers of multi-tiered systems

Managing risk and promoting sustainability in global supply chains has been a hot topic for over a decade. However, there is still a lack of actionable frameworks to address these pressing challenges.

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“One eye open and one eye closed” – visibility vs. responsibility in the supply chain

“One eye open and one eye closed” – visibility vs. responsibility in the supply chain

Today, global companies report on their supply chain activities in a dizzying array of formats. The problem with most of these reports is that they fail to identify a significant source of risk for human and labor rights violations in companies’ global supply chains: sub-tier suppliers.

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