International Finance Corporation (IFC) developed a web tool called PaCT Portal to help calculate resource consumption in Bangladesh's readymade garments (RMG) industry.
The portal was launched at the PaCT annual meet held today in the capital.
This initiative comes as IFC-led Partnership for Cleaner Textile (PaCT II) enters its third year with eight partners working together to reduce the environmental impact of the export-oriented sector.
The data-driven monitoring software will provide real-time analytics for RMG factories to improve use of resources such as water and energy.
"The textile industry in Bangladesh continues to be a priority for IFC," said Wendy Werner, IFC Country Manager for Bangladesh, Bhutan and Nepal.
"Through programs like PaCT, we hope to contribute towards improving sector competitiveness by promoting resource efficiency through innovative ways and evolving with global trends," she added.
"This monitoring tool will work as an analytical information exchange platform to help with users' decision-making regarding water and energy consumption. It can play a big role in leading the industry towards sustainability and achieve results that are right for the industry, the planet, and our future generation," said Nishat Chowdhury, Program Manager for PaCT.
Five textile brands – VF Corp, PUMA, Levi Strauss & Co, TESCO, and GAP Inc. – have partnered with the PaCT program. Jeanologia, Radiant Alliance, and EMKAY are the technology support providers, while Bangladesh Garment Manufacturers and Exporters Association (BGMEA) is the implementing partner.
Dr Rubana Huq, President of BGMEA, in a video message, said, "The industry has saved a huge amount of water and energy through the collaborative partnership with PaCT. We would like to think and shape tomorrow for the better and we can only do that by being the best of partners in the days to come."