Geuther Vietnam
BIO has granted USD 12.000 of technical assistance to Geuther Vietnam Co., Ltd., a Vietnamese company specialised in the production of wooden safety gates and other solid wood baby furniture.
Amount
$ 12,280.00
Type of investment
Subsidy
Beneficiary locations
Investment field
Enterprises
Activity
Geuther Vietnam is a subsidiary of the BMB SA Group specializing in the development, production and sale of solid wood baby furnitures, mainly safety gates, playpens, high chairs, etc. Geuther Vietnam produces for customers based in more than 35 countries worldwide. The factory employs more than 150 people.
Technical assistance
This technical assistance is aimed at the
- calculation of Geuther's GHG footprint: by quantifying the carbon emissions of their operations and some of their flagship products, Geuther will improve awareness and identify most relevant actions to reduce their carbon footprint.
- development of a data-driven sustainability plan: the project will provide the foundation for creating a strategic plan to minimise their GHG emissions based on data.
- promotion of transparency and accountability: the project findings will be shared, demonstrating Geuther's commitment to environmental stewardship.
Expected impact
Understanding their carbon footprint, will enable Geuther to minimise their carbon emissions.
The assessment of the GHG emissions related to their flagship products will support the compliance of Geuther with the EU regulation related to the traceability of imported carbon intensive products (CBAM).
View more of our investments in this region
Financial Institutions
TerraPay Payment Services
10,000,000.00
Cameroon, Côte d'Ivoire, Kenya, Senegal, Tanzania, Uganda, Bangladesh, India, Philippines, Vietnam
25/03/2024
Debt