Tags: Multinational Trade, Sustainable Fashion, Environmental Efficiency, Bangladesh Garment Industry, Bangladesh Leather Industry, Water Quality, Dissolved Oxygen (DO), Biochemical Oxygen Demand (BOD), Green Production, Economic Growth, River Ecosystems, Environmental Impact
The research investigates whether responsible sourcing by multinational companies induces environmentally sustainable practices in developing countries, focusing on the ready-made garment (RMG) industry in Bangladesh. By analyzing data from 2014 to 2021, the study examines the impact of exporting to global fashion brands on local water quality. The findings indicate that trade with brand multinationals can improve environmental outcomes, highlighting the role of private enforcement of environmental standards by foreign buyers in developing countries.
This study aims to examine the impact of responsible sourcing initiatives by multinational fashion companies on the environmental efficiency of local Bangladeshi firms. The objective is to explore how foreign buyers can promote private enforcement of effluent standards in local firms, thereby aiding government environmental policies and fostering green economic growth.
Diving deep into the heart of Bangladesh's export dynamics, our study leverages ASYCUDA++ data from 2014 to 2021 to reveal how multinational fashion giants influence local environmental practices. By meticulously cleaning and analyzing transaction data, we uncover the transformative power of responsible sourcing in driving greener production methods.
Exploring the intersection of fashion and environmental impact, our study delves into the surface water quality of Bangladesh, using crucial data from 127 monitoring stations. By focusing on Dissolved Oxygen (DO) and Biochemical Oxygen Demand (BOD), we aim to illuminate how local industry practices affect river ecosystems.