Lotte
Lotte Co., Ltd., commonly known as Lotte, is a prominent multinational corporation headquartered in Japan. Founded in 1948, Lotte has established itself as a key player in the food and beverage industry, with significant operations across Asia, particularly in South Korea and Japan. The company is renowned for its diverse range of products, including confectionery, snacks, and beverages, with its signature offerings such as Lotte Choco Pie and various ice cream brands setting it apart in the market. Over the decades, Lotte has achieved notable milestones, expanding its portfolio and enhancing its market position as a leader in the confectionery sector. With a commitment to quality and innovation, Lotte continues to captivate consumers, making it a household name in the industry.
DitchCarbon Score
How does Lotte'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 Food Product Manufacturing 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's score of 13 is lower than 64% 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's reported carbon emissions
In 2023, Lotte's carbon emissions in Japan totalled approximately 774,000,000 kg CO2e across all scopes. This includes about 26,000,000 kg CO2e from Scope 1, 70,000,000 kg CO2e from Scope 2, and a significant 774,000,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions breakdown reveals major contributions from purchased goods and services (about 577,000,000 kg CO2e) and upstream transportation and distribution (approximately 62,000,000 kg CO2e). Lotte's total emissions for 2023, combining Scope 1 and Scope 2, reached about 96,000,000 kg CO2e. This data is cascaded from its parent company, Lotte Co., Ltd., reflecting the company's commitment to transparency in its environmental impact. Despite the substantial emissions figures, there are currently no specific reduction targets or initiatives reported under the Science Based Targets initiative (SBTi) or other climate pledges. Lotte's emissions data indicates a need for strategic planning to address its carbon footprint effectively.
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 is not participating in any of the initiatives that 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.
