German industrial sensor manufacturer Pepperl+Fuchs has recently announced the inauguration of a new sustainable manufacturing facility in Viet Nam, financed with a US$15 million green loan from Deutsche Bank.

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 Viet Nam.

The loan and associated advisory services from Deutsche Bank allowed the company to meet international green building standards and establish a model for seamlessly extending its global sustainability commitments to its operations in Asia.

“We are proud to begin our ESG financing journey in Asia Pacific. Four of the eight countries globally where we operate manufacturing facilities are in this region, and the opportunity to help set a strong standard for responsible manufacturing in these developing economies is great. Deutsche Bank has been a reliable partner in this journey; we are glad to have benefitted from their valuable advice and practical ESG expertise in Asia Pacific,” said Andreas Bouche, Pepperl+Fuchs executive vice president, global finance.

The new manufacturing facility has earned the leadership in energy and environmental design (LEED) Gold certification.

LEED is a green building certification programme developed by the US Green Building Council. It is a globally recognised benchmark for sustainability in real estate. Building projects earn points for addressing carbon, energy, water, waste, transportation materials, health, and indoor environment quality to achieve corresponding levels of certification; gold certification is the second highest level.

Deutsche Bank Chief Country Officer for Vietnam Huynh Buu Quang said: “Viet Nam is playing an increasingly prevalent role in global manufacturing supply chains. Together with our clients, we are proud to help bring sustainable manufacturing benchmarks that are in line with international standards to Viet Nam.” — VNS