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 3,522,276,000 kg CO2e, comprising 50,857,000 kg CO2e from Scope 1, 104,370,000 kg CO2e from Scope 2, and a significant 3,466,049,000 kg CO2e from Scope 3 emissions. This reflects a commitment to reducing emissions across all scopes, with a target to achieve net-zero emissions by 2050. The company has set ambitious near-term reduction targets, aiming for a 50.4% reduction in absolute Scope 1 and 2 emissions by 2030, based on 2018 levels. Additionally, Lotte Chilsung plans to reduce Scope 3 emissions by 30% by 2032, using 2022 as the baseline year. Notably, they also aim to cut Scope 3 FLAG emissions by 36.4% by 2032. Long-term goals include a complete elimination of Scope 1 and 2 emissions by 2040 and a 90% reduction in Scope 3 emissions by 2050. Furthermore, Lotte Chilsung has committed to no deforestation across its primary commodities by the end of 2025, reinforcing its dedication to sustainable practices. Overall, Lotte Chilsung's climate commitments reflect a proactive approach to addressing climate change, aligning with industry standards and global climate goals.
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 | - | - | - | 00,000,000 | 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.