Monday, 28 November, 2022

4A Yarn Dyeing joins charter of climate action

  • Special Correspondent
  • 20 October, 2022 12:00 AM
  • Print news

4A Yarn Dyeing Ltd as the first outerwear manufacturing company of the world has joined the Fashion Industry Charter for Climate Action convened by the UN Climate Change.

By doing so, 4A Yarn Dyeing commits to 50 percent absolute reduction of GHG emissions by 2030 and aims to achieve net zero by 2050, said a press release. 4A Yarn Dyeing Ltd is a concern of Team Group, a renowned conglomerate from    Bangladesh specialised in apparel manufacturing.

The Fashion Industry Charter for Climate Action recognises the crucial role that fashion plays on both sides of the climate equation; as a contributor to greenhouse gas emissions, and as a sector with multiple opportunities to reduce emissions while contributing to sustainable development.

Aligned with the goals of the Paris Agreement, the Charter contains the vision for the industry to achieve net zero emissions by 2050 and defines issues that will be addressed by signatories, ranging from selection of climate friendly and sustainable materials to decarbonisation of the production phase.

To make concrete progress on these commitments, several technical working groups have been established in which signatories work to define steps for implementation.

4A Yarn Dyeing Ltd becomes a member of the Working Group-3 (Manufacturing/Energy) and Working Group-4 (Policy Engagement).

Abdullah Hil Rakib, Managing Director of Team Group and also a Director of Bangladesh Garment Manufacturers & Exporters Association (BGMEA), said: “4A Yarn Dyeing Ltd is very much committed to sustainable production and it’s also one of the trendsetting companies in Bangladesh taking actions for low carbon apparel manufacturing.”

“Bangladesh as you all know is one of the most vulnerable countries of the world to climate change. We joined the Fashion Industry Charter for Climate Action as we want to be a part of the solution to global warming and climate change, and collaborate with other key stakeholders to succeed in combating climate change,” he added.