Through its emission reduction activities, Lalan is actively engaged in Carbon Trading and accumulates Carbon Credits under the Voluntary Carbon Standard (VCS) and the Clean Development Mechanism (CDM).


The CDM allows companies engaged in emission reduction to earn saleable certified emission reduction (CER) credits, each equivalent to one tonne of CO2. These can be counted towards meeting Kyoto Protocol targets. Meanwhile, the VCS identifies criteria for validating, quantifying, and monitoring carbon offset projects.


Lalan's main source of VCS and CDM credits are Biomass projects which substitute traditional furnace oil-based boiler systems with sustainably harvested biomass.


Under the VCS Standard, Lalan has accumulated close to 25,000 tonnes per annum since March 2006 and is currently in the process of verifying 77,315 tonnes of VCS accumulated from March 2006 to May 2010. A portion of this volume has already been contracted for sale once the verification is complete. This project is already registered in the MARKIT register and is available for trade.


Under the CDM mechanism, Lalan is in the process of validating two projects which would generate approximately 6,680 tonnes per annum and 13,293 tonnes per annum.