Fashion Business Commons^™

Relationship Between Sustainable Environmental Practices And Sustainable Value Creation: A Conceptual Study On Readymade Garments Industry Of Bangladesh, Mohammed S. Chowdhury, Zahurul Alam, Mizanur Rahaman Chowdhury

Graduate School of Business Publications and Research

Because of the increasing level of industrial contamination the demand for sustainable products and raw materials aligned with the ecological pollution has been on the rise in this horizon. This study theoretically explores the impact of sustainable environmental practices on financial performance of Ready-made Garment (RMG) companies of Bangladesh following the growing literature linking corporate sustainable environmental performance with revenue development and profitability. Various sustainable environmental practices have diverse effects on firm’s performance, as the literature review suggests. From literature review this paper reports four key areas (community, employee, environment and governance) of sustainable practices for sustainable financial performance that …