3D Business
Bangladesh Case Study: A Supplier-Brand Living Wage Framework
A supplier working in Bangladesh has shared its vision for achieving a living wage with Common Objective. Hear how a unique partnership between suppliers, factories, brands and retailers could transform the lives of Bangladesh’s estimated 4.2 million garments workers.
Bangladesh's garment industry is one of the world’s largest exporters of readymade garments, which account for about 84 percent of Bangladesh's exports. Despite bringing in an estimated $31.46 billion in revenue, the minimum wage for garment workers is set at just 8,000 taka (approximately $75 USD) a month.
But it doesn’t have to be this way. What if all stakeholders worked collaboratively and took a small cut in their margin to deliver a living wage?
This is what a five year plan and roadma…
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