CDC podcast: The value of sustainability: evidence from Bangladesh

In this podcast Pelayo Menendez from CDC’s E&S team interviews PRAN-RFL Group’s Corporate Finance Director, Uzma Chowdhury.

The PRAN-RFL Group is one of the largest conglomerates in Bangladesh. In 2017, CDC made a US$15 million debt investment in RFL Electronics Limited (RFL), a sister firm to the PRAN-RFL Group and a producer of consumer electronics and large domestic appliances for the local market with ambitions to expand into international markets. It was our first corporate debt investment in Bangladesh.

In this podcast, Pelayo and Uzma explore how PRAN-RFL implemented key environmental and social changes, the challenges the company faced and the value these sustainability efforts are bringing to their business.

You can find more information on CDC’s engagement in helping PRAN-RFL Group move towards international E&S standards here - https://www.cdcgroup.com/en/labour-standards/rfl-electronics/