The legally-binding five-year agreement will see independent safety inspections with public reports on all Bangladeshi suppliers used by the signatory companies, mandatory repairs and renovations, the obligation by brands to underwrite the costs of safety upgrades, and repercussions for suppliers that refuse to improve conditions including the termination of business.
Here is a list of the companies that have signed up to the agreement:
|Abercrombie & Fitch||US|
|El Corte Inglés||Spain|
|Hennes & Mauritz (H&M)||Sweden|
|Marks & Spencer (M&S)||UK|
|N Brown Group||UK|