As of May 15, six major global retailers have signed an
agreement to improve working conditions in the aftermath of the April 24
factory building collapse in Bangladesh that claimed the lives of more than
1,100 employees. The agreement includes improving fire and building safety and
requires companies employing Bangladeshi workers to fund renovations and
repairs to buildings deemed dangerous. The agreement also mandates
discontinuation of business with factories that refuse to comply with safety
renovations.
The retailers that have signed the agreement so far are
Carrefour, Marks & Spencer, El Corte Inglés, H&M, Inditex and PHV (parent company of Tommy
Hilfiger). Other major retailers, including Walmart and Gap are being urged to
join the movement.
