German industrial sensor manufacturer Pepperl+Fuchs has inaugurated a sustainable manufacturing facility in Vietnam, which has been financed with a US$15 million green loan from Deutsche Bank.
The loan and associated advisory services from the German lender allowed the company to meet international green building standards and establish a model for extending the company’s global sustainability commitments to its operations in Asia.
The facility produces industrial sensors for factory automation technologies, including sensors, signal transmission devices and printed circuit board assembly, and significantly expands the company’s production capacity in Vietnam.
The new manufacturing facility has obtained LEED (Leadership in Energy and Environmental Design) Gold certification, a green building certification programme developed by the US Green Building Council and a globally recognized benchmark for sustainability in real estate.
Under the programme, building projects earn points for addressing carbon, energy, water, waste, transportation materials, health and indoor environment quality to achieve corresponding levels of certification, with gold being the second-highest.
“Vietnam is playing an increasingly prevalent role in global manufacturing supply chains,” says Hyunh Buu Quang, Deutsche Bank chief country officer for Vietnam. “Together with our clients, we are proud to help bring sustainable manufacturing benchmarks that are in line with international standards to Vietnam.”