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EU law to further elevate Bangladesh's labour, environmental standards

25 Apr '24
1 min read
 	EU law to further elevate Bangladesh's labour, environmental standards
Pic: Adobe Stock

Insights

  • The European Parliament recently adopted Corporate Sustainability Due Diligence Directive (CSDDD), expected to establish corporate due diligence standard on sustainability for businesses operating in the EU.
  • Since significant percentage of Bangladesh's apparels are destined for EU, CSDDD is expected to further enhance labour and environmental standards.
The European Parliament’s endorsement of the Corporate Sustainability Due Diligence Directive (CSDDD) marks a pivotal step towards further enhancing labour and environmental standards in Bangladesh’s readymade garment sector, given its significant reliance on the EU market.

Media reports maintained this adding a significant volume (64 per cent) of Bangladesh’s apparel exports are destined for the world’s largest trade bloc while underlining this directive, poised to become law pending EU member state approval, underscores a commitment to global sustainability and human rights.

Timed to coincide with the tragic anniversary of the Rana Plaza disaster, which claimed over a thousand lives, the CSDDD aims to instil accountability across the supply chain. Notably, it shifts responsibility to importers for ensuring compliance with sustainability standards, heralding a paradigm shift in business practices.

For Bangladesh, a leader in eco-friendly manufacturing, the law presents great opportunities and some challenges, the reports further added even as they underlined while its strides in green factory initiatives are commendable, addressing issues like carbon emissions and labour rights, including living wages and union formation, requires concerted efforts.

Industry stakeholders meanwhile advocated for a balanced approach to implementation, emphasising the need for equitable treatment of all parties involved.

ALCHEMPro News Desk (DR)

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