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Investors call for reforms in apparel supply chains

In light of a series of calamities in Bangladeshi apparel manufacturing plants that resulted in an overwhelming loss of life, over 200 institutional investors (including the Maryknoll Sisters and the Maryknoll Fathers and Brothers), representing over $2 trillion in assets under management, issued a statement on May 16, calling on apparel industry leaders to implement systemic reforms that will ensure worker safety and welfare, and to adopt “zero tolerance” polices on global supply chain issues.

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Labor: Follow principles on business, human rights

In most of the world, May 1 is the day to celebrate workers. This year’s commemoration included memorials for the at least 1,127* people who were killed in the terrible collapse on April 24 of a factory in Bangladesh, a disaster that could have been avoided had the building’s owners not shirked their responsibility to provide a safe environment for workers. *Death toll updated from printed version.