Home / Knowledge / News / Apparel/Garments / Retailers & IFC roll out sustainable initiatives in 12 apparel units
Retailers & IFC roll out sustainable initiatives in 12 apparel units
18
Oct '11
IFC, a member of the World Bank Group, and its partners have helped textile factories in Bangladesh save $1 million and reduce water consumption by 75 million liters under a cleaner-production initiative that is designed to make the country's garment industry more sustainable and globally competitive.

Working with the Dutch organization Solidaridad and six leading garment-industry buyers, IFC brought in global and regional experts to deliver hands-on knowledge and experience to local consultants. The initiative was introduced by SouthAsia Enterprise Development Facility, which is managed by IFC, in partnership with the U.K. Department for International Development and the Norwegian Agency for Development Co-operation. Key international buyers participating in the program included H&M, KappAhl, Lindex, Mothercare, Levi's, and WE Fashions.

IFC has rolled out the initiative at 12 factories so far, and preliminary results show that the implementation of clean and resource-efficient production methods there yielded significant savings. Estimates show that if the industry's 1,700 textile wet-processing units adopt cleaner production measures, they can save up to $70 million and 10.5 billion liters of water per year—in a country where 31 million people do not have access to clean water.

“The success of this project will allow the Bangladesh textile sector to gain a competitive edge in the world market by showcasing its efforts towards a greener supply chain,” said Monika M. Weber-Fahr, who leads IFC's Sustainable Business Advisory business line. She spoke at a workshop in which she stressed the importance of expanding cleaner production initiatives in Bangladesh.

Leading European and American clothing brands that procure their merchandise from Bangladesh are also optimistic about rolling out the initiative across the country's garment industry.

M. A. Jabbar, Managing Director, DBL Group, expressed the views of the participating factories, saying that the “benefits of implementing cleaner production measures are many and are financially rewarding.” He added: “We will implement similar measures in all our production units.”

Promoting sustainable business is a focus of IFC's work in Bangladesh. Besides providing advisory support to key industries, IFC is also working with financial institutions to facilitate financing for sustainable energy.

IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector. We help developing countries achieve sustainable growth by financing investment, providing advisory services to businesses and governments, and mobilizing capital in the international financial markets.

IFC, a member of the World Bank Group

Must ReadView All

Textiles | On 29th May 2017

Special package creates 7,50,000 jobs in garment sector

The special garment package of Rs 6,000 crore that was introduced by...

Md Siddiqur Rahman, president, BGMEA, addressing a press conference with other dignitaries. Courtesy: BGMEA

Apparel/Garments | On 29th May 2017

BGMEA asks govt for 5% incentive for 2 years in Budget

The Bangladesh Garment Manufacturers and Exporters Association...

Textiles | On 29th May 2017

Tintex, Bruckner bring new effects to knitted fabric

The textile company Tintex has joined hands with the system supplier...

Interviews View All

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search