In March 2017, the Vietnam Improvement Project was established, based on PUMA’s partnership with the International Finance Corporation (IFC) Vietnam. The project promotes resource efficiency and the use of clean energy at PUMA’s strategic supply chain factories in Vietnam. This project is especially designed for material and component suppliers. It provides in-depth advisory services targeting private sector manufacturing firms to develop exemplary projects on how to reduce energy consumption and CO2-emissions compared to a 2016 baseline. Ultimately, the project shall contribute to a green economy and sustainable footwear and textile industry in Vietnam.
The project’s main activities within the scheduled 18 months will include scoping assessments, detailed audits, trainings, feasibility studies, and implementation support. Cost-effective measures to avoid Green House Gas (GHGs) emissions, save freshwater, and reduce the use of chemicals, will be implemented by facilitating access to financing from local partner banks or other economic funding sources.
For more information, visit www.ifc.org.