More window decoration or a step forward? An examination of the latest CSR initiatives in Bangladesh's garment industry from a legal perspective

Abstract

The collapse of the Rana Plaza on April 24, 2013, is the worst garment-factory
tragedy ever recorded. The ready-made garment sector in Bangladesh has lately been
impacted by many horrible tragedies. Two efforts have been implemented as a result
of increased awareness of the role and obligations of multinational companies (MNCs)
to take accountability for what occurs in those factories. Leading North American and
European brands are involved in these efforts. The MNCs claim to be strengthening
their corporate social responsibility (CSR) with reference to such factories via these
programs. They are examples of transnational private regulation (TPR) from a
regulatory standpoint. Despite their growing popularity, CSR and TPR have received
mixed reviews since they are implemented in a legal vacuum. As a result, they cast
doubt on their legality, legal standing, and methods for implementation and
compliance. In order to determine if the Bangladeshi measures have the ability to
improve safety and working conditions in the country's garment sector or whether
they are only window dressing, these same topics will be addressed in this piece.