LOTTE CHEMICAL
LOTTE CHEMICAL, a prominent player in the global petrochemical industry, is headquartered in Malaysia (MY) and operates extensively across Asia. Founded in 1976, the company has established itself as a leader in the production of a diverse range of chemical products, including ethylene, propylene, and various polymers. With a commitment to innovation and sustainability, LOTTE CHEMICAL focuses on delivering high-quality materials that cater to various sectors, such as automotive, packaging, and construction. The company’s advanced manufacturing processes and dedication to research and development set it apart in a competitive market. Recognised for its robust market position, LOTTE CHEMICAL continues to achieve significant milestones, reinforcing its reputation as a trusted supplier in the petrochemical landscape.
DitchCarbon Score
How does LOTTE CHEMICAL'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 Chemicals 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 CHEMICAL's score of 20 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
LOTTE CHEMICAL's reported carbon emissions
In 2023, LOTTE CHEMICAL reported carbon emissions of approximately 229,185,000 kg CO2e from Scope 2 sources globally. This figure reflects a slight increase from 2022, where emissions were about 202,674,000 kg CO2e. The company has also disclosed emissions from Scope 1 and Scope 3, with Scope 1 emissions in 2022 reaching approximately 4,187,489,000 kg CO2e and Scope 3 emissions totalling about 18,005,017,000 kg CO2e. LOTTE CHEMICAL's emissions data indicates a significant reliance on electricity, as evidenced by their energy intensity metrics, which were approximately 400 kg CO2e per tonne in 2023. Despite these figures, there are currently no specific reduction targets or climate pledges outlined by the company, suggesting a need for further commitment to climate action and emissions reduction initiatives. Overall, LOTTE CHEMICAL's emissions profile highlights the importance of addressing both direct and indirect emissions as part of their climate strategy, particularly in the context of global efforts to mitigate climate change.
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 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - |
| Scope 2 | 259,526,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | 00,000,000,000 | - |
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 CHEMICAL is not committed to any 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.
