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 58 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Lotte Chilsung's reported carbon emissions
In 2023, Lotte Chilsung Beverage Co., Ltd. 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 transparency in their emissions reporting, with a focus on reducing their carbon footprint across all scopes. Lotte Chilsung has set ambitious climate targets, aiming for net-zero greenhouse gas emissions across its value chain by 2050. The company has established near-term goals to reduce absolute Scope 1 and 2 emissions by 50.4% by 2030, using 2018 as the baseline year. Additionally, they plan to cut Scope 3 emissions by 30% by 2032, based on 2022 figures. For their FLAG (Forestry, Land Use, Agriculture, and Goods) emissions, they aim for a 36.4% reduction by 2032. Long-term commitments 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 pledged to achieve no deforestation in its supply chain 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 contributing to global sustainability efforts.
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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 | - | - | - | 00,000,000 | 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 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.
