LONDON May 10 British retailer Primark said it
would pay compensation to the victims of the Bangladesh factory
collapse in line with a framework recognised by aid
organisations, unions and trade associations.
The death toll from the collapse of a Bangladesh garment
factory 17 days ago has reached more than 1,000.
Clothes were made in the building for Western retailers
including Primark, which is owned by Associated British Foods
. The British company said last week it would compensate
workers who had been making its clothes and their families.
An existing framework, which calculates payouts using
criteria such as loss of earnings, the ability of victims to
work and the vulnerability of those affected, would be used to
assess the levels of compensation, Primark said on Friday.
"This framework has been accepted by leading NGOs
(non-governmental organisations)," it said.
"This means that compensation will be paid according to this
pre-existing formula which is grounded in international
insurance standards and local law."
NGOs have said major western clothing retailers need to
shoulder some responsibility for tragedies like the factory
collapse because of the pressure they put on Asian suppliers to
undercut rivals, compounding concerns about workers' safety and
low wages in Bangladesh.
Primark said on Friday that it was finalising a further
comprehensive programme covering the immediate and long-term
needs of the survivors and the dependents of the deceased.