Working conditions and health standards in the supply chains for the textile industry are increasingly in the public crossfire. Disasters such as those in Bangladesh have already led to a rethinking of major listed companies and have also triggered political action.
Last Friday, 24 April marked the second anniversary of the collapse of the Rana Plaza complex in Bangladesh, in which more than 1,100 people perished. Immediately following the disaster, which represented the climax of a string of similar events in the textile industry there, the Bangladesh Memorandum was adopted. ERSTE-SPARINVEST was one of the first […]
This issue of the ESG Letter focuses on the topic Textile Industry.