H&M Group and the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) sign a Memorandum of Understanding (MOU) for a partnership towards a circular and climate-neutral garment sector in Bangladesh, a press release said on Thursday.
Ms. Helena Helmersson, CEO, H&M Group, and Mr. Faruque Hassan, President, BGMEA, inked a memorandum of understanding (MoU) in this regard on behalf of their respective sides.
As per the MoU, BGMEA and H&M Group will make joint efforts to reduce greenhouse gas emissions across its value chain and decrease carbon footprint in the supply chain.
The partnership will support BGMEA’s vision to facilitate a 30% reduction of GHG emissions at an industry level by 2030.
Both sides will work together in developing and implementing a strategic roadmap for industry transformation into circular and climate neutral practice.
From H&M Group, Ziaur Rahman, Faisal Rabbi, Yosef El Natour, Karin Lind, Adam Karlsson were present at the MoU signing ceremony held in Dhaka on 31 May.
The event was also attended by BGMEA Vice President Shahidullah Azim, Vice President Miran Ali, Directors Barrister Shehrin Salam Oishee, Inamul Haq Khan (Bablu), Neela Hosna Ara and Chair of BGMEA Standing Committee on Foreign Mission Cell Shams Mahmud.
