Fakir Fashion Ltd has reduced waste by 19 per cent and energy consumption by 13 per cent, alongside cutting greenhouse gas intensity by 7 per cent, as it unveiled its first sustainability report highlighting its environmental performance and long-term strategy.
The leading knit apparel exporter in Bangladesh, launched the report titled “Greener by Design” at Sheraton Dhaka on 9 April.
The report also showed 11.7 million litres of rainwater harvested and progress in workforce development as part of its sustainability efforts.
Fakir Fashion Managing Director Fakir Kamruzzaman Nahid said the company remains committed to sustainable production and long-term environmental responsibility.
“Our promise is simple—to build sustainable clothes for a sustainable future,” he said.
The launch event brought together industry leaders and development partners, including BGMEA President and Rising Fashions Managing Director Mahmud Hasan Khan, BKMEA President and M B Knit Fashion Managing Director Mohammad Hatem, GIZ Project Manager Michael Klode and Solidaridad Network Asia Country Manager Selim Reza Hasan.
A panel discussion on transitioning from compliance to competitive advantage in sustainability featured representatives from Fakir Fashion, H&M Liaison Office, Inditex liaison office, BGMEA and BKMEA.
Speakers discussed the challenges of adopting sustainable practices in the readymade garments (RMG) sector and ways to balance sustainability with business growth.
Representatives from global brands including C&A, Tom Tailor, NewYorker, NEXT, El Corte Ingles, Ginatricot, OTCF and Pepe Jeans also attended the event.
The report was developed with support from Solidaridad Network Asia under the Pathways to Prosperity initiative, BKMEA, Sustainability Nexus Ltd and SPC Publication Studios.
