LOTTE ENERGY MATERIALS
LOTTE ENERGY MATERIALS, headquartered in South Korea (KR), is a prominent player in the energy materials industry, specialising in advanced materials for batteries and other energy solutions. Founded in 2018, the company has rapidly established itself as a key innovator in the sector, focusing on sustainable and high-performance products. With a strong presence in major operational regions across Asia and beyond, LOTTE ENERGY MATERIALS offers a diverse range of core products, including cathode materials and battery components. These offerings are distinguished by their superior quality and commitment to environmental sustainability. Recognised for its technological advancements and strategic partnerships, LOTTE ENERGY MATERIALS continues to strengthen its market position, contributing significantly to the global transition towards renewable energy and electric mobility.
DitchCarbon Score
How does LOTTE ENERGY MATERIALS'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 Chemicals 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 ENERGY MATERIALS's score of 8 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
LOTTE ENERGY MATERIALS's reported carbon emissions
In 2023, LOTTE ENERGY MATERIALS reported total carbon emissions of approximately 107,974,000 kg CO2e, comprising about 566,000 kg CO2e from Scope 1 and about 107,411,000 kg CO2e from Scope 2 emissions. This reflects a slight increase in Scope 1 emissions compared to 2022, where they were approximately 481,000 kg CO2e, while Scope 2 emissions decreased from about 111,478,000 kg CO2e in the previous year. In 2022, the company's total emissions were approximately 111,959,000 kg CO2e, indicating a trend of fluctuating emissions over the years. The emissions data for 2021 showed a total of about 112,772,000 kg CO2e, with Scope 1 emissions at approximately 515,000 kg CO2e and Scope 2 emissions at about 112,257,000 kg CO2e. Despite these figures, LOTTE ENERGY MATERIALS has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to monitor and report its emissions, reflecting its commitment to transparency in its climate impact.
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Add to project| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 515,000 | 000,000 | 000,000 |
| Scope 2 | 112,257,000 | 000,000,000 | 000,000,000 |
| 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 ENERGY MATERIALS 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.
