Lotte Engineering & Construction Co., Ltd.
Lotte Engineering & Construction Co., Ltd., headquartered in South Korea, is a prominent player in the construction industry, specifically within the construction work sector (45). Established in 1970, the company has built a strong reputation for delivering high-quality infrastructure projects across various regions, including Asia and the Middle East.
Specialising in residential, commercial, and civil engineering projects, Lotte Engineering & Construction stands out for its commitment to innovation and sustainability. The company has achieved significant milestones, including numerous awards for excellence in construction and project management. With a robust market position, Lotte Engineering & Construction continues to shape skylines and enhance urban environments, making it a trusted name in the global construction landscape.
+5 vs industry average
Lotte Engineering & Construction Co., Ltd.’s score of 31 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Construction Work has typical carbon intensity
Industry performance
The Construction Work industry has reduced its overall emissions by 33% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Lotte Engineering & Construction Co., Ltd.'s reported carbon emissions
Lotte Engineering & Construction Co., Ltd. (KR), operating within the construction work industry, has outlined ambitious climate commitments. For the reporting year 2024, the company reported a total of approximately 3.33 billion kg CO2e emissions across Scopes 1, 2, and 3. This comprises approximately 10.84 million kg CO2e for Scope 1, approximately 41.59 million kg CO2e for Scope 2, and approximately 3.27 billion kg CO2e for Scope 3. The company is committed to reducing its greenhouse gas (GHG) emissions by over 35% by 2030, using 2018 as the baseline year. Furthermore, Lotte Engineering & Construction aims to achieve carbon neutrality by 2040. These targets apply to Scope 1 and Scope 2 emissions. The company has also stated a goal of 100% reduction relative to the baseline year to achieve carbon neutrality by 2040, specifically referencing Scope 1 emissions. In previous years, emissions data was primarily reported for Scopes 1 and 2. For example, in 2020, total Scope 1 and 2 emissions were approximately 41.15 million kg CO2e. In 2018, Scope 1 and 2 emissions totalled approximately 48.70 million kg CO2e. The emissions data is not cascaded from a parent organisation.
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Lotte Engineering & Construction Co., Ltd.’s Climate Goals (2030 & 2050)
5 goals2030
35% reduction in Scope 2
LOTTE E&C remains dedicated to reducing our GHG emissions by over 35% by 2030 compared to 2018 levels and achieving carbon neutrality by 204…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Lotte Engineering & Construction Co., Ltd.
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