The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has entered into a strategic partnership with IVY Decarb Marketplace SL to accelerate industrial decarbonization and enhance productivity within the country’s Ready-Made Garment (RMG) and textile sectors.
A Memorandum of Understanding (MoU) was signed between the two organizations on May 6, 2026, aimed at facilitating the transition toward sustainable machinery and energy-efficient manufacturing processes.
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Under the agreement, BGMEA and IVY Decarb will collaborate to introduce advanced decarbonization methodologies to member factories. The partnership seeks to support the sector in exploring high-tech, energy-efficient industrial machinery that can reduce carbon footprints while simultaneously improving factory output.
A key component of the collaboration involves validating IVY Decarb’s specific methodology for measuring the impact of machinery replacement on both productivity and sustainability.
Speaking at the signing ceremony, Vidiya Amrit Khan, Vice President of BGMEA, emphasized that environmental sustainability is now tied directly to market survival.
"Decarbonization is no longer only an environmental priority; it is becoming a core competitiveness issue for Bangladesh’s RMG industry," she stated. "Through this collaboration, BGMEA aims to support its member factories in accessing knowledge, tools, and practical pathways for machinery modernization."
José Manuel Caballero, Managing Director of IVY Decarb Marketplace SL, highlighted Bangladesh's pivotal role in the global supply chain. He noted that the partnership would help connect industry actors with the necessary technology, financing, and impact measurement solutions required to meet global sustainability standards.
"BGMEA’s leadership in sustainability makes this partnership highly significant," Caballero said. "We are pleased to support factories in identifying technology-driven opportunities that reduce emissions and improve productivity."
The MoU was signed by Vidiya Amrit Khan and José Manuel Caballero, in the presence of BGMEA Director Shah Rayeed Chowdhury and IVY Decarb Business Development Director Md. Masud Rana.
This partnership marks another significant step in BGMEA’s broader strategy to ensure that Bangladesh's apparel industry remains resource-efficient and globally competitive in an era of tightening climate regulations.
Sheikh Hossain Muhammad Mustafiz, Director, BGMEA; and Wasim Zakariah, Chairman, Standing Committee on Responsible Business Hub and Sustainability Reporting were also present.