Investor Letters Urging Further Action on Worker Safety in Bangladesh
On the second anniverary of the Rana Plaza tragedy in Bangladesh, in April of 2015, a coalition of global investors representing $2.5 trillion in assets sent letters to corporate members of the Bangladesh Accord for Fire and Building Safety (Accord) and the Alliance for Bangladesh Worker Safety (Alliance) requesting that they disclose efforts to safeguard the lives of workers in Bangladesh garment factories. Read the three letters, and see their signatories.
Alliance member companies receiving the letter:
Ariela and Associates International LLC
Canadian Tire Corporation Limited
Carter’s Inc.
The Children’s Place Retail Stores Inc.
Costco Wholesale Corporation
Gap Inc.
Giant Tiger
Hudson’s Bay Company
IFG Corp.
Intradeco Apparel
J.C. Penney Company Inc.
The Jones Group Inc.
Jordache Enterprises, Inc.
The Just Group
Kohl’s Department Stores
L. L. Bean Inc.
M. Hidary & Company Inc.
Macy’s
Nordstrom Inc.
Public Clothing Company
Sears Holdings Corporation
Target Corporation
VF Corporation
Wal-Mart Stores, Inc.
YM Inc.
A similar letter was sent to companies belonging to the Accord:
List of Accord companies receiving the letter:
Abercrombie & Fitch
Adidas
American Eagle Outfitters
Benetton
C & A
Carrefour
Espirit
Fruit of the Loom
H & M
Inditex
Loblaw
Mango
Marks & Spencer
Puma
Primark
PVH
Tesco
A third group of companies received a letter regarding donating to the Rana Plaza Fund.
List of Companies Receiving the letter Regarding the Rana Plaza Donors Trust Fund
Carrefour
Cato Fashions
The Children's Place Retail Stores, Inc.
Iconix
Inditex
JC Penney
Kohl's Department Stores
Macy's