Canadian retailers urged to sign Europe-led Bangladesh accord
TORONTO (REUTERS) - A coalition that includes Canada's largest unions is urging Hudson's Bay Co, Canadian Tire Corp and other Canadian-based retail companies to sign a European-led initiative to improve safety for garment workers in Bangladesh.
Proponents of the Accord on Fire and Building Safety in Bangladesh say it is stronger than another, US-led initiative, which many Canadian-based retailers have already endorsed.
Unlike the competing protocol, developed by the Alliance for Bangladesh Worker Safety, the European initiative requires clearly independent inspections of work sites, binding arbitration enforceable in court in case of a dispute, and full disclosure of all suppliers, inspection reports, and detailed quarterly reports.
More than 125 companies, many based in Europe, have already signed the accord.