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  <titleInfo>
    <title>Environmental, social and governance (ESG) reporting practices in Bangladesh</title>
    <subTitle>a critical examination of selected RMG firms</subTitle>
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  <name type="personal">
    <namePart>Zaman, Zona</namePart>
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  <name type="personal">
    <namePart>Levermore, Roger</namePart>
    <role>
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  <name type="personal">
    <namePart>Zimmermann, Willi</namePart>
    <role>
      <roleTerm type="text">Examination Committee</roleTerm>
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  <name type="personal">
    <namePart>Junaid, Muhammad</namePart>
    <role>
      <roleTerm type="text">Examination Committee</roleTerm>
    </role>
  </name>
  <name type="corporate">
    <namePart>His Majesty the King's Scholarships</namePart>
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  <genre authority="marc">technical report</genre>
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    <place>
      <placeTerm type="text">Pathum Thani</placeTerm>
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    <publisher>Asian Institute of Technology</publisher>
    <dateIssued>2024</dateIssued>
    <issuance>continuing</issuance>
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    <languageTerm authority="iso639-2b" type="code">eng</languageTerm>
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  <abstract>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.  </abstract>
  <note>A research submitted in partial fulfillment of the requirements for the degree of Master of Business Administration</note>
  <note>Research Studies Project Report (M. BA.) - Asian Institute of Technology, 2024</note>
  <subject authority="lcsh">
    <topic>Clothing trade</topic>
    <geographic>Bangladesh</geographic>
    <topic>Case studies</topic>
  </subject>
  <subject authority="lcsh">
    <topic>Clothing factories</topic>
    <geographic>Bangladesh</geographic>
    <topic>Case studies</topic>
  </subject>
  <subject authority="lcsh">
    <topic>Social responsibility of business</topic>
    <geographic>Bangladesh</geographic>
    <topic>Case studies</topic>
  </subject>
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      <title>Research studies project report ; no. SM-24-04</title>
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      <namePart>Asian Institute of Technology.</namePart>
      <namePart/>
    </name>
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  <identifier type="uri">http://203.159.5.9/ait-thesis/detail.php?q=B21087</identifier>
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    <url displayLabel="Full-Text">http://203.159.5.9/ait-thesis/detail.php?q=B21087</url>
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