Low Carbon Initiatives

Solar Energy Roof Project

LSP has invested in clean energy to reduce fossil fuel consumption by installing a 100 kW solar panel system, with a budget of over 3 billion VND. This system generates solar power for use within LSP, and over the past year, it has produced a total of 156,321 kWh of electricity as a substitute for conventional energy sources.

Folk Lift EV Car Project in The Warehouse

The warehouses of LSP have been systematically designed and managed to reduce energy consumption. From the beginning of the transportation process from our three warehouses, we have utilized electric forklifts for managing goods within the warehouses. This initiative reduces the use of combustion-powered forklifts. As a result, in 2024 alone, we were able to reduce carbon dioxide emissions by 357,992 kgCO2e

Enclosure Ground Flare (EGF)

LLSP is the first in Vietnam to introduce the world-class scale Enclosure Ground Flare (EGF) technology, which significantly reduces smoke, noise, and visible flames. This best practice ensures environmental protection and minimizes disturbances to surrounding communities.

Mangrove Forest

Mangrove has been known as the best plant that can absorb carbon. At LSP complex, we have conserved 24.3 hectares of mangrove plantation which can help absorb 418 tons carbon per year. Also, regarding to the recent survey, the biodiversity of the mangrove preservation is quite rich as there are many species of birds, lizards, and frogs found in that area. We also have plan to conduct annual monitoring for mangrove condition and biodiversity in mangrove area.

Tree on land

LSP has a strong track record of environmental stewardship. To date, the company has planted over 23,200 trees on land and an additional 243,000 mangrove trees, contributing to the absorption of approximately 1,436 tons of CO2 annually