At least 10 garment workers including some of the factory’s officials were killed and many injured by a devastating fire at a garment factory in Sreepur upazila, Gazipur on the outskirts of Dhaka, on Tuesday.
The fire originated in the dyeing section of Aswad Composite Mills owned by the Palmal Group.
The cause of the blaze is yet to be ascertained. However, eyewitnesses said, the flame spread to a nearby chemical store on the first floor and in no time engulfed the two floors.
Firemen recovered seven bodies from the ground floor and two from the second floor of the two-storey factory. Police said most of the bodies were charred beyond recognition.
At least 170 workers were on duty on the two floors when the fire broke out.
The root cause of corporate meltdown is increasingly identified as problems with risk culture. We have more regulations, standards, codes and governance than ever before, but, while important, these are clearly not sufficient to ensure that the actual behaviour of individuals and teams is fully aligned with the organisation’s desired approach to risk.
An international group of IRM members has been leading a 9 month project to produce:
• A short guidance document aimed at boards who want to understand the issues surrounding risk culture within their organisation, and • A detailed resource document for risk practitioners setting out the background research and some practical models, tools and techniques that can usefully be applied
Mature and best practice risk management improves corporate performance, according to the findings of Ferma's 2012 Risk Management Benchmarking Survey. This link affords risk professionals a clear opportunity to expand their scope and influence within organisations, said experts at Ferma's 2012 Seminar
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