25 Bangladeshi apparel factories – the highest number of platinum-rated garment factories in the world – have achieved the highest certificate provided by the US Green Building Council (USGBC), a Washington-based non-profit organization that promotes sustainability in building design, construction and operation.
Six out of the top 10 LEED (Leadership in Energy and Environmental Design) certified factories worldwide are located in Bangladesh, said Faisal Samad, Vice-President of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA).
Samad spoke at an event on ‘green financing for sustainable growth’ at the Amari hotel in Dhaka organized by the Nordic Chamber of Commerce and Industry in Bangladesh (NCCI).
The data shows how Bangladeshi apparel units had recovered from the disastrous Rana Plaza building collapse that took place on April 2013, he said.
At present, there are 91 LEED-certified green garment factories in Bangladesh, which is also the highest in the world.
“The garment entrepreneurs are not getting the return from the investment in the green initiatives. Depicting a horrible reality, where buyers didn’t increase the prices of apparel products, also the incentives and other facilities from the govt. are inadequate.”
the total number of LEED-certified green garment factories in Bangladesh is 91, which is also the highest in the world, Faisal Samad emphasized, adding that the number will cross 100 if the green structures of other sectors are considered.
Bangladesh had 67 LEED-certified green garment factories only a year ago, Samad said. The BGMEA vice-president also said some 500 local garment factories have been waiting to be certified by the USGBC soon.
Samad also pointed out that the garment entrepreneurs are not getting the return from the investment in the green initiatives. Depicting a horrible reality, where buyers didn’t increase the prices of apparel products, also the incentives and other facilities from the govt. are inadequate.
“In other words, I would say sustainability is what I preserve today. But my investment today raises the value of investment tomorrow. So there has to be a continuous improvement in the quality of investment and quality of products and technology is the key to that.” Cecilia Ruthstrom-Ruin, head of the Department for Asia and the Pacific of Sweden’s foreign affairs ministry, and Tareq Rahman, the NCCI president, also spoke at the event attended by diplomats, government high-ups, exporters, bankers, manufacturers and trade body leaders.