AIRLINK 188.75 Decreased By ▼ -0.01 (-0.01%)
BOP 12.94 Decreased By ▼ -0.29 (-2.19%)
CNERGY 7.22 Decreased By ▼ -0.04 (-0.55%)
FCCL 40.55 Increased By ▲ 1.84 (4.75%)
FFL 15.10 Increased By ▲ 0.26 (1.75%)
FLYNG 25.44 Decreased By ▼ -0.44 (-1.7%)
HUBC 132.50 Decreased By ▼ -1.91 (-1.42%)
HUMNL 13.45 Increased By ▲ 0.12 (0.9%)
KEL 4.88 Increased By ▲ 0.65 (15.37%)
KOSM 6.48 Increased By ▲ 0.63 (10.77%)
MLCF 47.14 Increased By ▲ 0.25 (0.53%)
OGDC 204.80 Decreased By ▼ -0.94 (-0.46%)
PACE 6.27 Increased By ▲ 0.19 (3.13%)
PAEL 38.99 Decreased By ▼ -0.09 (-0.23%)
PIAHCLA 16.83 Decreased By ▼ -0.02 (-0.12%)
PIBTL 8.11 Increased By ▲ 0.27 (3.44%)
POWER 10.69 Decreased By ▼ -0.02 (-0.19%)
PPL 173.65 Decreased By ▼ -0.96 (-0.55%)
PRL 34.10 Increased By ▲ 0.42 (1.25%)
PTC 23.49 Increased By ▲ 0.41 (1.78%)
SEARL 99.00 Increased By ▲ 0.48 (0.49%)
SILK 1.10 Decreased By ▼ -0.02 (-1.79%)
SSGC 30.62 Decreased By ▼ -0.86 (-2.73%)
SYM 17.83 Increased By ▲ 0.17 (0.96%)
TELE 8.19 Increased By ▲ 0.13 (1.61%)
TPLP 12.12 Decreased By ▼ -0.08 (-0.66%)
TRG 61.11 Increased By ▲ 0.81 (1.34%)
WAVESAPP 11.72 Decreased By ▼ -0.10 (-0.85%)
WTL 1.48 Decreased By ▼ -0.02 (-1.33%)
YOUW 4.21 Increased By ▲ 0.35 (9.07%)
AIRLINK 188.75 Decreased By ▼ -0.01 (-0.01%)
BOP 12.94 Decreased By ▼ -0.29 (-2.19%)
CNERGY 7.22 Decreased By ▼ -0.04 (-0.55%)
FCCL 40.55 Increased By ▲ 1.84 (4.75%)
FFL 15.10 Increased By ▲ 0.26 (1.75%)
FLYNG 25.44 Decreased By ▼ -0.44 (-1.7%)
HUBC 132.50 Decreased By ▼ -1.91 (-1.42%)
HUMNL 13.45 Increased By ▲ 0.12 (0.9%)
KEL 4.88 Increased By ▲ 0.65 (15.37%)
KOSM 6.48 Increased By ▲ 0.63 (10.77%)
MLCF 47.14 Increased By ▲ 0.25 (0.53%)
OGDC 204.80 Decreased By ▼ -0.94 (-0.46%)
PACE 6.27 Increased By ▲ 0.19 (3.13%)
PAEL 38.99 Decreased By ▼ -0.09 (-0.23%)
PIAHCLA 16.83 Decreased By ▼ -0.02 (-0.12%)
PIBTL 8.11 Increased By ▲ 0.27 (3.44%)
POWER 10.69 Decreased By ▼ -0.02 (-0.19%)
PPL 173.65 Decreased By ▼ -0.96 (-0.55%)
PRL 34.10 Increased By ▲ 0.42 (1.25%)
PTC 23.49 Increased By ▲ 0.41 (1.78%)
SEARL 99.00 Increased By ▲ 0.48 (0.49%)
SILK 1.10 Decreased By ▼ -0.02 (-1.79%)
SSGC 30.62 Decreased By ▼ -0.86 (-2.73%)
SYM 17.83 Increased By ▲ 0.17 (0.96%)
TELE 8.19 Increased By ▲ 0.13 (1.61%)
TPLP 12.12 Decreased By ▼ -0.08 (-0.66%)
TRG 61.11 Increased By ▲ 0.81 (1.34%)
WAVESAPP 11.72 Decreased By ▼ -0.10 (-0.85%)
WTL 1.48 Decreased By ▼ -0.02 (-1.33%)
YOUW 4.21 Increased By ▲ 0.35 (9.07%)
BR100 11,905 Decreased By -12.8 (-0.11%)
BR30 35,359 Increased By 40.9 (0.12%)
KSE100 113,342 Increased By 254 (0.22%)
KSE30 35,292 Decreased By -16.7 (-0.05%)

LAHORE: The Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) has emphasized the need for a collaborative approach in policymaking, uniting key stakeholders such as government ministries, academic institutions, and industrial bodies.

These views were expressed by the PRGMEA North Zone Chairman Dr. Ayyaz Uddin, in a letter addressed to the Federal Minister for Commerce Jam Kamal Khan. The letters were also sent to the Standing Committees on Climate Change and Human Rights of the Senate and as well as the National Assembly.

He said that the textile industry, which contributes $16.5 billion annually to Pakistan’s exports and serves as a cornerstone for employment generation, faces increasing global pressure to align with Environmental, Social, and Governance (ESG) principles.

Highlighting the importance of compliance with international frameworks like the Corporate Sustainability Due Diligence Directive (CSDDD) and ILO conventions, Dr. Ayyaz called these evolving global standards both a challenge and an opportunity for Pakistan’s export sector. He pointed out that PRGMEA has taken a proactive step towards addressing the pressing challenges of social and environmental sustainability in Pakistan’s textile sector.

In his correspondence, Dr. Ayyaz recommended to Engaging representatives from government, academia, and industry associations to develop actionable strategies for compliance and sustainability and establishing two task forces under the National Compliance Center (NCC): one dedicated to textile export challenges and the other addressing non-textile export sector issues, ensuring targeted solutions for sector-specific governance concerns.

“PRGMEA is committed to guiding the textile industry toward sustainability,” stated Dr. Ayyaz. “We are actively supporting manufacturers and exporters in calculating carbon footprints, adopting eco-friendly practices, and meeting global sustainability benchmarks.”

He also underscored the importance of intergenerational justice in addressing environmental challenges, ensuring that sustainable practices today safeguard resources and opportunities for future generations. Through these initiatives, PRGMEA envisions a transformative impact on labor practices, environmental compliance, and export competitiveness.

Dr. Ayyaz expressed confidence that these steps would bolster Pakistan’s global standing and pave the way for a more sustainable future in the textile sector.

Copyright Business Recorder, 2024

Comments

Comments are closed.