Lotte Engineering & Construction Co., Ltd. Sustainability Profile
Lotte Engineering & Construction Co., Ltd., commonly referred to as Lotte E&C, is a prominent player in the construction and engineering industry, headquartered in South Korea (KR). Established in 1970, the company has made significant strides in various sectors, including civil engineering, architecture, and plant construction, with a strong presence in Asia and beyond. Lotte E&C is renowned for its innovative approach to large-scale infrastructure projects, residential developments, and commercial buildings. The company’s commitment to quality and sustainability sets it apart in a competitive market. With numerous accolades and a solid reputation for delivering complex projects on time, Lotte E&C continues to solidify its position as a leader in the construction sector, contributing to the development of modern urban landscapes.
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 42 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lotte Engineering & Construction Co., Ltd.'s reported carbon emissions
In 2024, Lotte Engineering & Construction Co., Ltd. reported total carbon emissions of approximately 3.32 billion kg CO2e. This figure includes Scope 1 emissions of about 10.8 million kg CO2e, Scope 2 emissions of approximately 41.6 million kg CO2e, and Scope 3 emissions amounting to about 3.27 billion kg CO2e. The company has set ambitious climate commitments, aiming to reduce its greenhouse gas (GHG) emissions by over 35% by 2030 compared to 2018 levels, with a long-term goal of achieving carbon neutrality by 2040. These targets apply to both Scope 1 and Scope 2 emissions. In 2023, Lotte Engineering & Construction reported total emissions of approximately 3.22 billion kg CO2e, with Scope 1 at about 7.8 million kg CO2e, Scope 2 at approximately 38.2 million kg CO2e, and Scope 3 at around 3.17 billion kg CO2e. The company has demonstrated a commitment to transparency and accountability in its emissions reporting, with data sourced directly from its own disclosures. Lotte Engineering & Construction's proactive approach to climate action reflects its dedication to sustainability within the construction industry, aligning with global efforts to mitigate climate change impacts.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 14,900,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 2 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - | 0,000,000,000 | 0,000,000,000 |
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Lotte Engineering & Construction Co., Ltd.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Lotte Engineering & Construction Co., Ltd. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
