Lotte Engineering & Construction Co., Ltd.
Lotte Engineering & Construction Co., Ltd., a prominent player in the construction and engineering industry, is headquartered in Seoul, South Korea, with significant operations across Asia and the Middle East. Founded in 1970, the company has achieved remarkable milestones, establishing itself as a leader in various sectors, including civil engineering, architecture, and plant construction. Lotte Engineering & Construction is renowned for its innovative approach to large-scale projects, offering unique services in infrastructure development, residential complexes, and commercial buildings. The company’s commitment to quality and sustainability has earned it a strong market position, with notable achievements in both domestic and international projects. With a focus on cutting-edge technology and efficient project management, Lotte Engineering & Construction continues to shape the landscape of modern construction.
DitchCarbon Score
How does Lotte Engineering & Construction Co., Ltd.'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 Construction Work 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 Engineering & Construction Co., Ltd.'s score of 28 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 Engineering & Construction Co., Ltd.'s reported carbon emissions
In 2023, Lotte Engineering & Construction Co., Ltd. reported total carbon emissions of approximately 70.7 million tonnes CO2e. This figure includes 20.7 million tonnes from Scope 1 emissions, 50.5 million tonnes from Scope 2 emissions, and significant contributions from Scope 3 emissions, which totalled about 24.3 million tonnes CO2e across various categories such as the use of sold products and purchased goods and services. Over the years, Lotte has demonstrated a commitment to reducing its carbon footprint. In 2022, the company recorded total emissions of about 47.1 million tonnes CO2e, indicating a notable increase in emissions in 2023. However, from 2017 to 2021, Lotte achieved a reduction in Scope 1 and 2 emissions, decreasing from approximately 49.9 million tonnes CO2e in 2017 to about 42.6 million tonnes CO2e in 2021. Despite these reductions, Lotte has not publicly committed to specific reduction targets under initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). The absence of formal reduction targets suggests that while the company is aware of its emissions, it may need to establish clearer commitments to align with global climate goals.
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Add to project2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 13,268,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 2 | 36,338,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | 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 Engineering & Construction Co., Ltd. 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.
