The MoU between Cascale and BGMEA cements both organisations’ commitment to collectively drive positive transformation throughout the supply chain.
The announcement took place during Cascale’s Annual Meeting in Munich, where 600 consumer goods industry leaders united to accelerate climate action and catalyse impact at scale through a unified approach to sustainability.
Opportunities provided through the collaboration include Cascale and BGMEA working together to harmonise data sharing and to promote evaluation assessments, such as Cascale’s Higg Index tools, to reduce the number of social and environmental assessments, standardising protocols for voluntary social and technical audits, thus aiming to promote transparency and minimising the burden on manufacturers and workers worldwide.
Additionally, the two organisations will explore aligning impact programs to drive industry-wide decarbonisation in line with internationally recognised targets and to collaborate on advocacy efforts to amplify manufacturers’ voices and perspectives in legislative initiatives, measures, and policy.
As Bangladesh faces significant instability, posing substantial challenges to its citizens and industries, the collaboration between Cascale and BGMEA is both timely and crucial, the collaboration underscoring the importance of continued support to the Bangladesh apparel industry, which is a lifeline for millions of workers and their communities.
“Global cooperation is crucial for the apparel industry, and we are proud to collaborate with Cascale in Bangladesh,” BGMEA Vice President, Miran Ali said. “For too long, we have all been lost trying to find complicated answers when we really know the priorities are simple and clear.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataCascale CEO Colin Browne added: “Now more than ever, our commitment to sustainable practices must guide our actions. It is essential that we work to reduce the burden on manufacturers while fostering greater transparency and collaboration across the supply chain. This collaboration with BGMEA is an important step in aligning the industry and transitioning toward more carbon-neutral, environmentally and socially responsible practices.”