Dhaka, Bangladesh, September 1, 2016—IFC,
a member of the World Bank Group, has partnered with Levi Strauss &
Co. (LS&Co), a leading jeans-wear manufacturer, to develop a global
program aimed at achieving environmental sustainability.
The program will build on the extensive experience of IFC’s Bangladesh
Partnership for Cleaner Textile (PaCT) program, focusing on providing advice
on implementing cleaner production practices in over 165 textile factories
in Bangladesh. This is the first time that the IFC PaCT program will
be implemented outside Bangladesh.
Initially, a pilot is planned in six facilities in Bangladesh, India, Sri
Lanka, and Vietnam.
“We are pleased to be the first IFC partner to pilot its PaCT program
in additional countries. Our goal is to scale the practices globally to
achieve greater reductions in water, energy, and chemical use across our
supply chain,” said Michael Kobori, vice president of sustainability,
The global textile sector faces critical environmental challenges associated
with water, energy, and chemical use that leave a large footprint on the
world’s environment. The implementation of cleaner production measures
can reduce the use of natural resources, mitigate threats to humans and
the environment, and promote greater overall efficiency through improved
Simple and low-cost measures could reduce water use by up to 20 percent
in factories and lead to savings in future infrastructure and operational
Mohan Seneviratne, IFC Program Manager for PaCT, said, “The global textiles
sector makes strong contributions to the economies of several countries,
creates jobs, especially for women, and has pioneered implementing climate-friendly
environmentally-sustainable practices. In Bangladesh, IFC provides both
investment and advisory support and works with other stakeholders, to help
the garments sector become globally competitive and safe for its employees.
We are delighted that IFC’s PaCT program is partnering with Levi Strauss
& Co, to develop this global environmental-sustainability program.”
PaCT aims to help LS&Co. reach this goal through cleaner production
assessments and PaCT Advantage, a web-based diagnostic process, to develop
a roadmap for continuous improvement by suppliers. The results of the PaCT
Advantage diagnostics can then be benchmarked across sites and countries.
IFC promotes sustainable growth and private-sector development in Bangladesh
by investing in critical infrastructure; boosting financial inclusion;
enhancing textiles competitiveness, and supporting reforms to make doing
business easier for the private sector.
IFC committed $635 million in Bangladesh, in own and mobilized funds across
13 projects, for the fiscal year ended June 30, 2016. IFC’s committed
portfolio in Bangladesh as of that date is about $1 billion in 47 projects.
IFC, a member of the World Bank Group, is the largest global development
institution focused on the private sector in emerging markets. Working
with 2,000 businesses worldwide, we use our six decades of experience to
create opportunity where it’s needed most. In FY16, our long-term investments
in developing countries rose to nearly $19 billion, leveraging our capital,
expertise and influence to help the private sector end extreme poverty
and boost shared prosperity. For more information, visit www.ifc.org
About Levi Strauss & Co.
Levi Strauss & Co. is one of the world's largest brand-name apparel
companies and a global leader in jeans-wear. Its products are sold in more
than 110 countries worldwide through a combination of chain retailers,
department stores, online sites, and a global footprint of approximately
2,800 retail stores and shop-in-shops. Levi Strauss & Co.'s reported
fiscal 2015 net revenues were $4.5 billion. For more information, go to
About Bangladesh PaCT
Bangladesh PaCT is playing a leading role in driving the long-term competitiveness
and environmental sustainability of the textile wet-processing sector,
by addressing high water, energy, and chemical use through the adoption
of best practices in the textile sector. For more: http://www.textilepact.net/about-us/what-is-pact.html.