PRAN-RFL Group published first-ever sustainability report-2023
Pran-RFL Group, one of the largest conglomerates in Bangladesh, has announced plans to improve its operational sustainability by allocating all investments in line with the UN's Sustainable Development Goals (SDGs).
This includes ensuring the full recycling of all plastics generated by the group by 2030, according to officials of Pran-RFL.
They disclosed these plans while unveiling the group's first-ever sustainability report through an event at Renaissance Dhaka Gulshan Hotel yesterday.
The officials said Pran-RFL also aims to use local agricultural and dairy ingredients for 90 percent of its processed food products and reduce water consumption at factories by 30 percent.
Furthermore, the group is targeting a 20 percent reduction in energy usage with 25 percent coming from renewable sources within the stipulated time, they said.
The report, styled "Nurturing Lives, Sustaining Tomorrow", showcased Pran-RFL's all-encompassing approach to sustainability, bearing witness to its unwavering commitment to value maximization, risk mitigation, and action coordination with business priorities and global sustainable development advocacy.
The group's sustainability strategy is based on the goal of providing the world with the innovations that are necessary for it to flourish.
Addressing the event, Mohammad Shafiqul Alam, press secretary to the chief adviser, praised Pran-RFL for this endeavour and emphasised the need for sustainability in the current business environment.
Experts and stakeholders that participated in the discussions highlighted the importance of sustainability in doing business, and the role of stakeholders in ensuring sustainability.
Tapan Kumar Biswas, additional secretary of the Ministry of Environment, Forests and Climate Change, was present as the special guest.