When toy giant LEGO decided to open a new $1-billion factory, it picked Vietnam so as to be close to its major markets in Asia. The facility, whose construction was launched last month, will also be the company’s first carbon-neutral factory.
It will have rooftop solar panels and a solar farm built on a neighboring plot of land, together producing as much green energy as the site needs each year, the Danish company said. When production starts in 2024, it will use energy-efficient equipment and the factory will have a globally recognized green building certification, LEGO said, contributing to a push to cut planet-heating emissions from its global operations.
G7 nations, together with Norway, Denmark and the European Union, are hoping a “just energy transition partnership” (JETP) announced for Vietnam this week will help the Southeast Asian nation attract more such low-carbon…
ANALYSIS-Vietnam urged to build clean energy transition with social bricks
