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.
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.
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.
Lotte Chilsung's score of 70 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Lotte Chilsung Beverage reported total greenhouse gas emissions of approximately 3,577,000,000 kg CO2e, with emissions distributed across various scopes: 50,857,000 kg CO2e (Scope 1), 104,370,000 kg CO2e (Scope 2), and a significant 3,352,227,600 kg CO2e (Scope 3). The combined total for Scope 1 and 2 emissions was about 155,177,000 kg CO2e. Lotte Chilsung 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. Additionally, they have committed to a 50.4% reduction in absolute Scope 1 and 2 emissions by 2030 from a 2018 baseline and a 90% reduction in Scope 3 emissions by 2050 from a 2022 baseline. The company also targets a 30% reduction in Scope 3 emissions by 2032 and aims to eliminate deforestation linked to its primary commodities by the end of 2025. These initiatives reflect Lotte Chilsung's commitment to sustainability and align with industry standards for climate action.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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 Chilsung 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.