Lotte Chilsung
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 68 is higher than 83% 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 3,577,000,000 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 3,352,000,000 kg CO2e (Scope 3). The company has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 emissions by about 61% by 2030 compared to business-as-usual (BAU) levels, and to achieve carbon neutrality by 2040. Lotte Chilsung has also established long-term targets, committing to a 100% reduction in Scope 1 and 2 emissions by 2040 from a 2018 baseline, and a 90% reduction in Scope 3 emissions by 2050 from a 2022 baseline. Additionally, the company aims to reduce Scope 3 emissions related to FLAG (Forestry, Agriculture, Land Use, and other related sectors) by 72% by 2050. These targets align with the Science Based Targets initiative (SBTi) and reflect Lotte Chilsung's commitment to sustainability within the food and beverage processing sector. The company is actively working towards these goals while also pledging to eliminate deforestation linked to its primary commodities by the end of 2025.
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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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
