Lotte Chilsung

Lotte Chilsung, a Beverages company headquartered in KR, reported total carbon emissions of approximately 3,677,103,000 kg CO2e in 2023. This figure comprises 50,857,000 kg CO2e from Scope 1 emissions, 104,370,000 kg CO2e from Scope 2 emissions, and 3,522,276,000 kg CO2e from Scope 3 emissions. In the prior year, 2022, their total emissions were about 4,919,423,000 kg CO2e, with Scope 1 at 53,530,000 kg CO2e, Scope 2 at 105,766,000 kg CO2e, and Scope 3 at 4,760,127,000 kg CO2e.

Lotte Chilsung has set ambitious climate commitments validated by the Science Based Targets initiative (SBTi). The company is committed to achieving net-zero greenhouse gas emissions across its entire value chain by 2050. Near-term targets include reducing absolute Scope 1 and 2 GHG emissions by 50.4% by 2030 from a 2018 base year. They also aim to reduce absolute Scope 3 GHG emissions by 30.0% by 2032 from a 2022 base year. For long-term goals, Lotte Chilsung commits to a 100% reduction in absolute Scope 1 and 2 GHG emissions by 2040 from a 2018 base year, and a 90.0% reduction in absolute Scope 3 GHG emissions by 2050 from a 2022 base year. Additionally, the company is committed to no deforestation across its primary deforestation-linked commodities by 31st December 2025.