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 29 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Lotte's reported carbon emissions
In 2023, Lotte's carbon emissions in Japan totalled approximately 774,000,000 kg CO2e, with Scope 1 emissions at about 26,000,000 kg CO2e and Scope 2 emissions at around 70,000,000 kg CO2e. The company also reported significant Scope 3 emissions, which accounted for the majority of their carbon footprint. In the previous year, 2022, Lotte's emissions in Japan were approximately 775,000,000 kg CO2e, with Scope 1 at about 27,000,000 kg CO2e and Scope 2 at around 75,000,000 kg CO2e. This indicates a slight reduction in total emissions from 2022 to 2023. Lotte has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, suggesting a need for further commitment in this area. The company continues to report emissions across all three scopes, highlighting the importance of addressing both direct and indirect emissions in their sustainability strategy.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 34,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 111,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 |
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 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.
