Lotte Chilsung Sustainability Profile
Lotte Chilsung Beverage Co., Ltd., commonly known as Lotte Chilsung, is a prominent player in the beverage industry, headquartered in South Korea (KR). Founded in 1950, the company has established itself as a leader in the production of soft drinks, bottled water, and alcoholic beverages, catering to a diverse market across Asia. With a strong focus on innovation, Lotte Chilsung offers a unique range of products, including its flagship Chilsung Cider, which has become a household name. The company is renowned for its commitment to quality and sustainability, positioning itself as a trusted brand among consumers. Over the years, Lotte Chilsung has achieved significant milestones, solidifying its market position and expanding its operational reach throughout the region.
DitchCarbon Score
How does Lotte Chilsung'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 Beverage Manufacturing 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 Chilsung's score of 77 is higher than 87% 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 Chilsung's reported carbon emissions
In 2023, Lotte Chilsung Beverage Co., Ltd. reported total greenhouse gas emissions of approximately 3,522,276,000 kg CO2e across all scopes. This includes 50,857,000 kg CO2e from Scope 1, 104,370,000 kg CO2e from Scope 2, and a significant 3,522,227,600 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming for a 61% reduction in Scope 1 and 2 emissions by 2030 compared to business-as-usual (BAU) levels, with a long-term goal of achieving carbon neutrality by 2040. Lotte Chilsung has also committed to reaching net-zero emissions across its entire value chain by 2050. Near-term targets include a 50.4% reduction in absolute Scope 1 and 2 emissions by 2030 from a 2018 baseline, and a 30% reduction in Scope 3 emissions by 2032 from a 2022 baseline. Additionally, the company aims to reduce Scope 3 FLAG emissions by 36.4% by 2032 and has pledged to eliminate deforestation linked to its primary commodities by the end of 2025. These targets align with the Science Based Targets initiative (SBTi) and reflect Lotte Chilsung's commitment to sustainable practices within the food and beverage processing sector. The company’s emissions data is independently reported and not cascaded from any parent organization.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 65,428,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 91,058,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Lotte Chilsung's Industry?
How Carbon Intensive is Lotte Chilsung's Location?
Lotte Chilsung's Scope 3 Categories Breakdown
Lotte Chilsung's Scope 3 emissions, which decreased by 26% last year and decreased by approximately 26% since 2022, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 87% of Scope 3 emissions.
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Lotte Chilsung'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 Chilsung has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
