News | 22 February 2018

The accord on fire and building safety in Bangladesh: Arbitration meets human rights

On 17 January 2018, Switzerland-based labour organizations UNI Global Union and IndustriALL Global Union reached a $2.3 million settlement with a multinational fashion brand in arbitration proceedings brought under the 2013 Accord on Fire and Building Safety in Bangladesh. The Unions had settled with a different global brand in December 2017. These were the first arbitrations to be brought under the Accord. Although the exact terms and brand names remain confidential, the Unions reported that these historic settlements would ensure remediation of over 200 supplier factories and provide $300,000 to the Unions’ joint Supply Chain Worker Support Fund.

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