The effect of carbon dioxide (CO2) on the physical properties of poly(L‐lactic acid) (PLLA) and on the formation of crystalline domains was investigated. The presence of CO2 in the matrix was found to induce crystallization in PLLA, with the crystallinity increasing with increasing CO2 pressure. The combination of saturation conditions and formation of crystalline domains was studied for its effect on the formation of porous morphologies in PLLA. Moreover, the effect of CO2 on PLLA properties and formation of porous structures was further exploited by first creating crystalline domains in samples using CO2 at various pressures at 25 °C and then re‐saturating the same samples with CO2 at a constant pressure of 2.8 MPa and 0 °C. This paper reports on the solubility of CO2 at 25 and 0 °C in PLLA, crystallization and subsequent effect on foam morphologies when processed using different saturation cycles. Unique and intriguing morphologies were obtained by specifically controlling the properties of PLLA. Copyright © 2010 Crown in the right of Canada. Published by John Wiley & Sons, Ltd