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International Finance Corporation

Cambodia, Sri Lanka Take Steps to Boost Competitiveness

Cambodia and Sri Lanka are receiving help to improve their garment sectors' competitiveness, resilience and…

Puma Ups Commitment to Decarbonize Bangladeshi Supply Chain

Puma is renewing its commitment to a program that seeks to decarbonize Bangladesh's garment sector.

IFC, Gap Inc. Work to Improve Resource Efficiency in Pakistan

The IFC has signed an agreement with Gap Inc. to reduce the retailer's use of water, energy, chemicals and…

Research Finds Direct Link Between Better Working Conditions and Higher Profit Firms

Sustainability is profitability, according to a study released Monday by Tufts University.

Levi’s to Scale Sustainable Supply Chain Initiatives in Four Key Sourcing Locales

Levi's is taking its water-saving efforts to factories in four major sourcing countries.

IFC Helps Chinese Textile Industry Save 9 Million Tons of Water

The International Finance Corporation's (IFC) China Water Program has helped save 9 million tons of water and…

IFC Invests $4 Million in Haitian Apparel Industry

The International Finance Corporation (IFC), a member of the World Bank Group, is investing $4 million to…

Bangladesh Alliance Joins With IFC to Finance Garment Factory Upgrades

In a first-of-its-kind agreement, the Alliance for Bangladesh Worker Safety has partnered with the…

NRDC Praises China for Reducing Pollution

Often blasted for depleting and contaminating local water supplies, it looks like China's textile industry is…

Bangladesh Central Bank Creates Fund to Support Green Textile Factories

The Central Bank of Bangladesh has allocated $500 million to a low-cost fund to aid factories working to…

IFC and Levi’s to Reward Garment Suppliers Upgrading Labor Standards

The World Bank Group's International Finance Corporation (IFC) and Levi Strauss & Co. announced Tuesday a…

Bangladesh Opens First Textile Technology Center, Moves Toward Sustainable Production

In its effort to improve its readymade garment sector, Bangladesh has opened its first Textile Technology…

New BGMEA Board Pledges to Make Bangladesh Factories Safe

Bangladesh has elected a new board of its Garment Manufacturers and Exporters Association (the BGMEA), and…