Ditchcarbon
  • Customers
  1. Organizations
  2. Lotte Shopping
Public Profile
Retail Trade Services
KR
updated 9 days ago

Lotte Shopping

Company website

Lotte Shopping Co., Ltd., a prominent player in the retail industry, is headquartered in South Korea (KR) and operates extensively across Asia. Founded in 1998, the company has established itself as a leader in the hypermarket and department store sectors, offering a diverse range of products from groceries to fashion. Lotte Shopping is renowned for its unique blend of quality and affordability, catering to the evolving needs of consumers. With a strong market presence, it has achieved significant milestones, including the expansion of its store formats and the introduction of innovative shopping experiences. The company’s commitment to customer satisfaction and operational excellence has solidified its position as a trusted name in retail, making it a key player in the competitive landscape of the industry.

DitchCarbon Score

How does Lotte Shopping's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

63

Industry Average

Mean score of companies in the Retail Trade Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

27

Industry Benchmark

Lotte Shopping's score of 63 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.

80%

Let us know if this data was useful to you

Lotte Shopping's reported carbon emissions

In 2023, Lotte Shopping reported total carbon emissions of approximately 710,014,000 kg CO2e. This figure includes 96,042,000 kg CO2e from Scope 1 emissions, 614,167,000 kg CO2e from Scope 2 emissions, and a significant 16,911,726,000 kg CO2e from Scope 3 emissions. Compared to 2022, where total emissions were about 722,630,000 kg CO2e, Lotte Shopping has made a slight reduction in overall emissions. Lotte Shopping has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 46.2% by FY2031, using FY2021 as the base year. This target also extends to Scope 3 emissions, indicating a comprehensive approach to tackling their carbon footprint. These targets are aligned with the Science Based Targets initiative (SBTi) and are classified under the 1.5°C pathway, demonstrating Lotte Shopping's commitment to significant climate action. The company is also committed to achieving net-zero emissions across all scopes by 2050, further solidifying its dedication to sustainability and climate responsibility.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201820192020202120222023
Scope 1
83,201,000
00,000,000
00,000,000
00,000,000
000,000,000
00,000,000
Scope 2
677,071,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
41,068,000
00,000,000
-
00,000,000,000
00,000,000,000
00,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Lotte Shopping's primary industry is Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Lotte Shopping is in KR, which we do not have grid emissions data for.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Lotte Shopping is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Similar Organizations

Lagardère Travel Retail SAS

FR
•
Real estate services (70)
Updated 14 days ago

DFS Group Limited

HK
•
Wholesale trade and commission trade services, except of motor vehicles and motorcycles (51)
Updated 14 days ago

Heinemann Publishing

US
Updated 14 days ago

Shinsegaemall Inc.

KR
Updated 14 days ago

Debenhams plc

GB
•
Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52)
Updated 4 days ago

Macys

US
•
Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52)
Updated 4 days ago

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

Ditchcarbon
v250808.10
enquiries@ditchcarbon.com+44 203 475 7875Ditch Carbon Ltd167-169 Great Portland StreetLondon W1W 5PF
Verified byUL Verified
Partnered withCDP
ProductPortalDataDocumentationIntegrationsChangelogPricing
SolutionsProcurement teamsSustainability teamsPlatform ownersCarbon accountants
ResourcesMethodologyBlogFAQOrganizationsIndustriesSBTI APITrust Centre
AboutTeamCareersLicense AgreementPrivacy