04278nas a2200373 a 4500 20260818100348.0 240808s20249999th u m tt 000 a eng d .b12432155 AIT RSPR no.SM-24-04 Zaman, Zona Environmental, social and governance (ESG) reporting practices in Bangladesh : a critical examination of selected RMG firms Pathum Thani : Asian Institute of Technology, 2024 110 leaves : ill. + 1 online resource Research studies project report ; no. SM-24-04 A research submitted in partial fulfillment of the requirements for the degree of Master of Business Administration Research Studies Project Report (M. BA.) - Asian Institute of Technology, 2024 The main purpose of this study is to examine the current Environmental, Social and Governance (ESG) reporting practices of Ready-made Garments (RMG) firms in Bangladesh. The RMG industry, an integral part of Bangladesh's economy, is characterized by its rapid growth and complex challenges related to ESG reporting. The study reveals that, despite having the highest number of LEED (Leadership in Energy and Environmental Design) certified {u2018}green factories{u2019} in the world and BGMEA{u2019}s pledge to sustainability, the RMG sector in Bangladesh continues to struggle with ESG/CSR/sustainability reporting disclosure and transparency. This qualitative study, conducted over six months, utilizes purposive sampling from 18 diverse stakeholders, including firm executives, ESG experts, and investors. The research aims to assess the current level of ESG reporting in Bangladesh and explore the decision-making drivers influencing ESG practices in selected RMG firms listed under BGMEA. The study utilizes semi-structured interviews to gain in-depth insights. The methodological framework is underpinned by thematic analysis, employing Quirkos software to systematically identify and interpret patterns and themes emerging from the qualitative data. The findings of this study underscore the diverse approaches to ESG reporting among RMG firms in Bangladesh. The research highlights a proactive engagement by some firms with established frameworks like Global Reporting Initiative (GRI) standards, driven by strategic aims to penetrate European markets where ESG compliance is crucial. Yet, it also exposes widespread challenges including financial constraints, regulatory gaps, and the hurdles of implementing ESG practices comprehensively. These findings not only affirm the strategic value of ESG reporting for competitive advantage but also pinpoint the significant operational and regulatory discrepancies that deter full adoption and alignment with global benchmarks. The study contributes significantly to the scarce literature on ESG reporting in emerging economies, especially in a sector as pivotal as the RMG industry of Bangladesh, advocating for more rigorous, standardized, and transparent reporting mechanisms. Furthermore, the finding of this study has significant implications for international partners, policymakers, and industry stakeholders, advocating the need for more rigorous, standardized, and transparent ESG reporting practices to ensure sustainable and ethical operations. Clothing trade Bangladesh Case studies Clothing factories Bangladesh Case studies Social responsibility of business Bangladesh Case studies Levermore, Roger, Chairperson Zimmermann, Willi, Examination Committee Junaid, Muhammad, Examination Committee His Majesty the King's Scholarships, Scholarship Donor Asian Institute of Technology. Research studies project report ; no. SM-24-04 Full-Text http://203.159.5.9/ait-thesis/detail.php?q=B21087 .b12432155 mnait a 240814 0 240813 m a a 0 mnarc 67 Barcode : - CREATED : 2024-08-08 RECORD # : i13508234 LPATRON : 0 LCHKIN : - # RENEWALS : 0 # OVERDUE : 0 IUSE3 : 0 TOT CHKOUT : 0 TOT RENEW : 0 39480 39480 0 0 0 0 MAIN MAIN mnarc 2026-08-18 0 AIT RSPR no.SM-24-04 2026-08-18 10:03:48 2026-08-18 67