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H&M appreciates Accord for its work in Bangladesh

Accord has received appreciation for its action-plans taken in the RMG sector in Bangladesh, by the Swedish multinational retail-company Hennes & Mauritz-H&M. The brand stated that Accord is an important initiative in this sector.

The company while stating that the work being done within the Accord is making the industry safer, also said that it’s committed to support Accord continuously as well as the Bangladeshi textile industry. However, the brand added that there were some challenges that other collaborating participants within the Accord and they themselves were tackling. Inspection of 1,600 of factories is being done by Accord and all the factories that H&M is working with, which is less than 300, meet the Accord requirements for operation. Almost 60 per cent of the remediation work is completed where H&M is the lead brand. Accord is experiencing some delays regarding the remediation process says H&M. It stated that though they were greatly concerned with any delay, it was also very important for them that measure are taken according to the to the high quality standards agreed between the Bangladesh Government and the Accord and Alliance.

The brand further said that an active involvement and commitment by brands in the remediation process is crucial and that H&M is one of the 200-odd brands that have signed the Accord. It has been actively contributing to Accord’s progress from the start, the company added.

The brand explained that it would continue its long-term investment and offer full support to its suppliers in improving and upgrading their production facilities to safer and higher international standards and their management capabilities, allowing them to become competitive in a sustainable way.

www.hm.com

 
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