Readymade garment manufacturers and exporters of Bangladesh have a target to reduce 30 per cent GHG emissions by 2030. They will use at least 50 per cent of sustainable materials mix and will reduce 50 per cent of blue water footprint by this time. The sector will be able to reduce energy consumption by 30 per cent and will use at least 20 per cent of renewable energy by 2030.
They have also set a $100 billion apparel shipment target by 2030, which is more than double the country fetched in the just-concluded financial year. During the initial months of Covid restrictions, the country’s readymade garment exports were hit badly due to the closure of garment units, as also the cancellation of orders by buyers in the global market.
Overcoming many challenges the Bangladesh apparel industry is flourishing. Sustainability has always been a key strategic priority for the readymade garment industry of Bangladesh. Sustainability is not only about fulfilling social, ecological and community obligations; it is also about how to remain economically viable through innovation, digitization, diversification and being more productive.
BGMEA has been serving as the beacon for the industry for many years, needing to adopt changes in its philosophy, vision, mission, and in its corporate identity.
