A GROUP of mainly European retailers has finalised a plan to conduct coordinated inspections of factories in Bangladesh in an attempt to prevent a repeat of the Rana Plaza disaster that killed 1,129 people in April.
The collapse of Rana Plaza ranks among the world’s worst industrial accidents and has galvanised brands to look more closely at their suppliers. The new accord was launched by trade unions in May and signed by 70 brands, including the world’s two biggest fashion retailers, Inditex and H&M, which have agreed to accept legal responsibility for safety at their Bangladesh factories. In a report out today, the team said all 70 signatory brands had to provide full details of the Bangladesh factories from which they source goods – the first time such data would be collected or shared in such a comprehensive way.
City A.M. Reporter