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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.
-1 vs industry average
Lotte Engineering & Construction Co., Ltd.’s score of 26 is lower than 48% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Construction Work has above-average carbon intensity
The Construction Work industry has reduced its overall emissions by 39% since 2018
Scope 3 accounts for ••• of total emissions.
Lotte Engineering & Construction Co., Ltd. (KR) is committed to significant greenhouse gas (GHG) emission reductions. For 2024, the company reported total emissions of approximately 3.29 billion kg CO2e, encompassing Scope 1, 2, and 3. This figure includes Scope 1 emissions of about 10.84 million kg CO2e, Scope 2 emissions of approximately 41.59 million kg CO2e, and Scope 3 emissions totalling about 3.27 billion kg CO2e.
In 2023, Lotte E&C's total emissions were approximately 3.21 billion kg CO2e, with Scope 1 at about 7.83 million kg CO2e, Scope 2 at approximately 38.18 million kg CO2e, and Scope 3 at about 3.17 billion kg CO2e.
The company has set ambitious climate targets, aiming to reduce its GHG emissions by over 35% by 2030 compared to 2018 levels. Furthermore, Lotte E&C is working towards achieving carbon neutrality by 2040. These targets apply to Scope 1 and Scope 2 emissions, with a focus on a 100% reduction from the 2018 baseline by the 2040 target year. Lotte E&C's reporting indicates a commitment to disclosing its environmental performance, with emissions data available for scopes 1, 2, and 3 for recent reporting years.
Access structured emission data, company specific factors and auditable source documents
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
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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No scope 3 category breakdown has been disclosed yet.
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