IFC, a member of the World Bank Group, will boost resource efficiency in its operations besides driving long-term sustainability. The organisation has signed an agreement with leading global apparel company, Gap Inc in Pakistan for the same. Under the agreement, IFC's advisory services will assess the use of resources at Gap Inc's supplier factories in the country and help them implement efficiency measures to reduce the use of water, energy, chemicals and other resources.
This will also help Gap Inc to improve competitiveness and sustainability. The agreement is part of IFC's global efforts to promote resource efficiency measures in the private sector, which provides savings for companies, improves competitiveness globally, and significantly reduces environmental impacts.