Lotte Chemical Titan Holding Berhad Sustainability Profile
Lotte Chemical Titan Holding Berhad, commonly referred to as Lotte Chemical Titan, is a leading player in the petrochemical industry, headquartered in Malaysia. Established in 1991, the company has made significant strides in the production of polyethylene and polypropylene, catering to diverse sectors such as packaging, automotive, and construction. With major operations in Malaysia and Indonesia, Lotte Chemical Titan is renowned for its commitment to sustainability and innovation, offering high-quality products that meet stringent industry standards. The company has achieved notable milestones, including expansions in production capacity and advancements in eco-friendly manufacturing processes. As a key contributor to the ASEAN petrochemical market, Lotte Chemical Titan continues to strengthen its position through strategic partnerships and a focus on research and development, ensuring it remains at the forefront of the industry.
DitchCarbon Score
How does Lotte Chemical Titan Holding Berhad'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 Plastic production 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 Titan Holding Berhad's score of 16 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lotte Chemical Titan Holding Berhad, headquartered in Malaysia (MY), currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Lotte Chemical Corporation, which influences its climate commitments and emissions reporting. As part of its corporate family relationship, Lotte Chemical Titan inherits climate initiatives and targets from Lotte Chemical Corporation. This includes participation in various sustainability frameworks such as the Science Based Targets initiative (SBTi), the Carbon Disclosure Project (CDP), and the RE100 initiative, all of which are cascaded from Lotte Chemical Corporation. However, specific reduction targets or achievements have not been disclosed for Lotte Chemical Titan. While no absolute emissions figures are provided, the company's commitment to sustainability aligns with industry standards, reflecting a broader trend among chemical manufacturers to address climate change and reduce greenhouse gas emissions. The lack of specific data underscores the importance of transparency and accountability in corporate climate strategies.
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| 2016 | 2017 | 2018 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 1,481,537,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - | 00,000,000,000 | 0,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Lotte Chemical Titan Holding Berhad's Industry?
How Carbon Intensive is Lotte Chemical Titan Holding Berhad's Location?
Lotte Chemical Titan Holding Berhad's Scope 3 Categories Breakdown
Lotte Chemical Titan Holding Berhad's Scope 3 emissions, which increased by 64% last year and increased by approximately 14% since 2022, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 58% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 84% of Scope 3 emissions.
Top Scope 3 Categories
Lotte Chemical Titan Holding Berhad's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Lotte Chemical Titan Holding Berhad has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
