Lotte
Lotte Corporation, commonly referred to as Lotte, is a prominent South Korean conglomerate headquartered in Seoul, South Korea (KR). Founded in 1967, Lotte has established itself as a key player in various industries, including food and beverage, retail, and tourism. The company operates extensively across Asia, with significant presence in Japan, China, and Southeast Asia. Lotte is renowned for its diverse range of products and services, particularly in the confectionery sector, where its unique offerings, such as Lotte Choco Pie, have gained immense popularity. The corporation has achieved notable milestones, including the expansion of its retail operations through Lotte Mart and Lotte Department Store, solidifying its market position as a leading retailer in the region. With a commitment to innovation and quality, Lotte continues to enhance its brand reputation and consumer loyalty across multiple sectors.
DitchCarbon Score
How does Lotte'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.
Industry Average
Mean score of companies in the Business 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.
Industry Benchmark
Lotte's score of 29 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Lotte's reported carbon emissions
In 2023, Lotte's carbon emissions included approximately 318,030 kg CO2e from Scope 1 and about 656,600 kg CO2e from Scope 2. Over the years, Lotte has demonstrated a commitment to reducing its greenhouse gas emissions. The company has set a target to reduce absolute Scope 1 and 2 emissions by 23% by 2028, using 2019 as the base year. Additionally, Lotte aims to achieve a 23% reduction in absolute Scope 3 emissions related to fuel and energy activities within the same timeframe. Furthermore, Lotte is committed to ensuring that 80% of its suppliers, based on emissions from purchased goods and services, capital goods, and upstream transportation and distribution, will have set Science-Based Targets (SBTs) by 2027. This commitment aligns with industry standards for climate action and reflects Lotte's dedication to sustainability and reducing its overall carbon footprint.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 393,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 63,765,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000 | 000,000 |
| Scope 3 | - | - | 0,000,000 | 0,000,000 | - | - |
Industry emissions intensity
Location emissions intensity
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 is committed to some reduction initiatives 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.
