Purpose: This study explores how sustainability initiatives have contributed to
positive transformation in Bangladesh's ready-made garment (RMG) sector.
Methodology: A quantitative research design was adopted, focusing on four key
dimensions: environmental, social, economic, and company-level sustainability.
Data were collected from 150 respondents through questionnaires and in-depth
interviews.
Findings: The findings reveal a strong positive relationship between sustainability
measures and the RMG industry’s development. Regression analysis shows that
environmental, economic, social, and company-level sustainability explain 52.8%,
72.9%, 72.1%, and 78.7% of the variance in RMG sector performance,
respectively. This finding highlights significant benefits such as reduced
environmental impact, improved labor conditions, and financial gains. A
Prescriptive analysis offers practical insights guiding the sector towards integrated
sustainability, which enhances long-term resilience amid global challenges and
evolving consumer expectations.
Originality/Value: This research highlights the dynamics of sustainability in
Bangladesh's RMG industry and provides valuable empirical insights.
Practical Implications: The study holds both social and practical significance. It
contributes empirical evidence to the existing academic literature on sustainability
and industrial development, particularly within emerging economies. It also
provides actionable insights for industry stakeholders and policymakers,
encouraging greater adoption of sustainable practices to secure competitive
advantages.
Limitations: This study is subject to limitations, including a relatively small
sample size and reliance on self-reported data, which may introduce bias and limit
generalizability. Additionally, it doesn’t fully explore external influences such as
international regulations or the enforcement of domestic policies.
