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 29 is higher than 60% 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 26000000 kg CO2e for Scope 1, 70000000 kg CO2e for Scope 2, and a significant 774000000 kg CO2e for Scope 3 emissions. The combined total for Scope 1 and 2 emissions reached about 96000000 kg CO2e. Lotte's global emissions for the same year were approximately 32000000 kg CO2e (Scope 1), 88000000 kg CO2e (Scope 2), and 1018000000 kg CO2e (Scope 3), with a total of about 120000000 kg CO2e for Scope 1 and 2 combined. The company has not specified any reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. However, it is important to note that Lotte's emissions data is cascaded from its parent company, Lotte Co., Ltd., indicating a corporate family relationship that influences its sustainability reporting. Overall, Lotte's emissions profile highlights the significant impact of Scope 3 emissions, which account for the majority of its carbon footprint, underscoring the need for comprehensive strategies to address emissions across its value chain.
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| 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 |
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.
