Lotte Sustainability Profile
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 34 is higher than 63% 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 total carbon emissions amounted to approximately 1.138 billion kg CO2e, comprising 32 million kg CO2e from Scope 1, 88 million kg CO2e from Scope 2, and about 1.018 billion kg CO2e from Scope 3 emissions. This data reflects a comprehensive assessment of their greenhouse gas emissions across all scopes. Lotte has set ambitious reduction targets, aiming to decrease Scope 1 and 2 energy-related CO2 emissions by at least 13% per unit of sales by FY2023, compared to FY2013 levels, and by 26% or more by FY2028. These targets are part of their commitment to sustainability and are designed to address their primary sources of greenhouse gas emissions. The emissions data is cascaded from their parent company, Lotte Co., Ltd., indicating a structured approach to environmental accountability within the corporate family. Lotte's ongoing efforts to monitor and reduce emissions demonstrate their commitment to addressing climate change and enhancing their sustainability practices.
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Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 31,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 100,000,000 | 000,000,000 | 000,000,000 | 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 |
How Carbon Intensive is Lotte's Industry?
How Carbon Intensive is Lotte's Location?
Lotte'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 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.
