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 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 36 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Lotte Chilsung reported total greenhouse gas emissions of approximately 1,593,190,000 kg CO2e. This figure includes 53,530,000 kg CO2e from Scope 1 emissions, 105,845,000 kg CO2e from Scope 2 emissions, and a significant 1,583,670,000 kg CO2e from Scope 3 emissions, which encompasses upstream and downstream activities. Lotte Chilsung has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by 2050. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 50.4% by 2030, using 2018 as the baseline year. Additionally, it aims to cut Scope 3 emissions by 30% by 2032, with a focus on reducing emissions linked to its supply chain and product lifecycle. For long-term goals, Lotte Chilsung plans to achieve a 100% reduction in absolute Scope 1 and 2 emissions by 2040 and a 90% reduction in Scope 3 emissions by 2050. The company is also committed to no deforestation in its supply chain by the end of 2025, further demonstrating its dedication to sustainable practices.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Scope 1 | 65,428,000 | 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 |
Scope 3 | - | - | - | 00,000,000 | 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 committed to some reduction initiatives 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.