Addressing Ethical Trade Risks in Garment Industry

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Business-driven approach to address ethical trade risk in the garment industry.

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The recurring and fluctuating levels of economic activity that an economy experiences over a long period of time. The five stages of the business cycle are growth (expansion), peak, recession (contraction), trough and recovery. At one time, business cycles were thought to be extremely regular, with predictable duration, but today they are widely believed to be irregular, varying in frequency, magnitude and duration. For detail information visit: http://goo.gl/5ITbX

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AHMR volume 10 number 1 January-April 2024

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Addressing Ethical Trade Risks in Garment Industry

1. Business driven approach to address ethical trade risks in garment industry Global Brands & Retailers Suppliers Contractors Factory/DC owner/Agent or village Contractors Workers Home-based/ Factory or DC Workers Brand engagement and promotion Building Incentives for global brands through audit & inspection and social programmes Inspection, Monitoring & Certification Social Programmes Supply Chain Work Community Mobilization Creation of value addition to producers and sellers supply chains Vivek K. Singh