"Unlocking green benefits: What Bangladesh's apparel-makers need to secure higher prices from buyers", 13th September 2024

...Brands are focusing on sourcing environmentally friendly products to meet their commitment to the consumers...

...The rapidly rising burning issue in the global supply chain is human rights due diligence. This year the European Parliament approved the mandatory corporate sustainability due diligence directives (CSDDD) to ensure human rights and environmental due diligence in EU companies' global supply chains...

...To sustain competitiveness, with the highest commitment towards sustainable industry development, 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...