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CREATE project launched to facilitate RMG industry’s transition to circular economy

Staff Correspondent
06 Oct 2022 22:25:18 | Update: 06 Oct 2022 23:03:08
CREATE project launched to facilitate RMG industry’s transition to circular economy
The CREATE aims to contribute to climate change mitigation and social as well as economic sustainability in the global fashion industry — Courtesy Photo

The CREATE project has been launched aiming to investigate the circular economy transition to global apparel value chains linked with Bangladesh’s apparel industry and develop effective policies.

Ahsanullah University of Science and Technology (AUST), School of Business, and Aalborg University (AAU) Business School on Thursday jointly organised the inauguration ceremony of the Circular Economy in Bangladesh’s Apparel Industry (CREATE) project, a press release said.

Being the largest research-based policy-development project on circular economy in the apparel industry, the CREATE aims to contribute to climate change mitigation and social as well as economic sustainability in the global fashion industry.

Participants and delegates from different organisations joined the CREATE project inauguration ceremony virtually at the BdREN conference room on the AUST premises and the Aalborg University Business School where the programme was held.

BGMEA President Faruque Hassan speaks at the inaugural ceremony of CREATE project in Dhaka on Thursday, October 6, 2022 — Courtesy Photo

On the occasion, Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Faruque Hassan said sustainability is a key strategic priority for the RMG industry of Bangladesh where efforts are being made constantly to incorporate circularity into the business models.

“BGMEA has put circularity at the core of its Strategic Vision 2030, where we have pledged to increase sustainable material mix by 50 per cent, in line with SDG 12.”

The BGMEA chief said the RMG industry is moving towards circularity in alignment with the increasing global demand.

“I hope this CREATE project will help us understand the global value chain, and develop market-based solutions to promote the development of sustainable production and consumption.”

Faruque invited the guests and participants of the programme to join the Made in Bangladesh Week, which will be organised by BGMEA on November 12-18 in Dhaka to promote Bangladesh and the RMG industry.

Morten Thiessen, vice-mayor, Aalborg, Denmark; Prof Christian Nielsen, head of AAU Business School; Prof Muhammad Fazli Ilahi, vice-Chancellor, AUST; Prof Rasmus Antoft, dean at SSH (Humanities and Social Sciences) Faculty, Aalborg University; Prof Lindsay Whitfield, Copenhagen Business School, Denmark; Prof Mohammad A Momen, director of Institute of Business Administration (IBA), University of Dhaka; Thomas Klausen, chief executive officer of Danish Fashion and Textile (DM&T), Denmark; Prof Gabriel RG Benito, BI Norwegian Business School, Norway; Prof Svetla Marinova, head of International Business Research Group, AAU Business School; and Prof Mohammad Amanullah, local project coordinator and former dean of AUST Faculty of Business and Social Sciences also spoke at the programme.

Project leader Mohammad Rana, associate professor, AAU Business School, Denmark, made the concluding remark at the event.

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