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Company type | Foundation |
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Founded | 15 May 2013 |
Headquarters | , |
Area served | Bangladesh |
Key people | Rob Wayss (Executive Director & Acting Chief Safety Inspector) |
Services | Inspection |
Website | bangladeshaccord |
The Accord on Fire and Building Safety in Bangladesh (the Accord) was signed on 15 May 2013. It is a five-year independent, legally binding Global Framework Agreement between global brands, retailers, and trade unions designed to build a safe and healthy Bangladeshi Ready Made Garment (RMG) Industry. The agreement was created in the immediate aftermath of the Rana Plaza building collapse in Bangladesh that resulted in the death of more than 1100 people and injured more than 2000. In June 2013, an implementation plan was agreed leading to the incorporation of the Bangladesh Accord Foundation in the Netherlands in October 2013.
The agreement consists of six key components:
The agreement is an example of project-oriented multistakeholder governance.
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