The “Alliance for Bangladesh Worker Safety” was founded by American retailer Walmart, including fashion giants Gap and Target and comprises 26 global retailers, their main concern is to help out more than 700 factories that produce low-cost ready-made garments for well-known brands such as Benetton, Primark, Mango and Monsoon Accessorize. Alliance for Bangladesh Worker Safety is set to provide financing to all clothing factories to set a safer working environment and avoid further deadly accidents like the 2013 Rana Plaza building collapse.
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| Alliance- for Bangladesh Worker Safety |
To ensure safe working environment for the workers, Alliance for Bangladesh Worker Safety will encourage banks to provide loans to member factories to assist them in complying new fire, building and electrical standards. “Our goal is to create a credit facility of $20 million to $35 million via five local banks,” the Alliance said in a report and added that “Although this facility is still in the start-up phase, it represents an important breakthrough in providing access to affordable financing.”
With technical assistance of the banks on the remediation progress, promising to cover their administrative and start-up costs, the Alliance has committed to forge factories on a way which is helpful for the workers, which is set to be available across all factories by July 2016 and through which employers can report complains, problems and risks. The Alliance for Bangladesh Worker Safety announced the appointment of fire safety expert Mark Chubb to serve as chief safety officer. In this role, he will oversee fire safety operations and training in Bangladesh and guide remediation efforts in all factories from which Alliance Members source.
This initiative comes after Bangladesh’s Rana Plaza building collapsed in April 2013, killing more than 1,130 people, leaving more than 2,000 injured and about 800 children orphaned, being one of the world’s worst industrial accidents, setting a raft of changes within the industry.
Reported by-
Md. Tanvirul Haque Bhuiyan
Reporter of Textile Tribune
Dept. of Apparel Manufacturing, NITER.
Email : mukutex@gmail.com
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