LOTTE Corp
LOTTE Corporation, often referred to simply as LOTTE, is a prominent South Korean conglomerate headquartered in the capital city of Seoul, KP. Founded in 1967, LOTTE has established itself as a leader in various sectors, including food and beverages, retail, and construction. The company is renowned for its diverse range of products, from confectionery and snacks to high-quality retail experiences, setting it apart in a competitive market. With a strong presence in Asia and beyond, LOTTE has achieved significant milestones, including the expansion of its retail operations and the introduction of innovative food products. The corporation's commitment to quality and customer satisfaction has solidified its market position, making it a household name in the industry. Through continuous growth and adaptation, LOTTE Corporation remains a key player in shaping the future of its sectors.
DitchCarbon Score
How does LOTTE Corp'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 Other Services 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 Corp's score of 10 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
LOTTE Corp's reported carbon emissions
In 2023, LOTTE Corp reported total carbon emissions of approximately 37,879,000 kg CO2e, comprising about 5,617,000 kg CO2e from Scope 1 and about 32,262,000 kg CO2e from Scope 2 emissions. This marks a slight increase in emissions compared to 2022, where total emissions were about 37,756,000 kg CO2e, with Scope 1 at approximately 5,297,000 kg CO2e and Scope 2 at about 32,459,000 kg CO2e. Over the past few years, LOTTE Corp has shown fluctuations in its emissions. In 2021, the company recorded total emissions of about 35,817,000 kg CO2e, with Scope 1 emissions at approximately 5,164,000 kg CO2e and Scope 2 at about 30,653,000 kg CO2e. The emissions for 2020 were lower, at around 109,150,000 kg CO2e, indicating a significant reduction in emissions over the years. Despite these figures, LOTTE Corp has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of defined reduction targets suggests that while the company is aware of its emissions, it may need to establish clearer commitments to enhance its climate strategy and align with industry standards for sustainability.
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Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 16,640 | 00,000 | 00,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 81,250 | 000,000 | 00,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - |
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 Corp is not committed to any 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.
