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.
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.
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.
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.
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 majority of their emissions stem from Scope 3, which accounted for about 774,000,000 kg CO2e, primarily from purchased goods and services, which alone contributed approximately 577,000,000 kg CO2e. In the previous year, 2022, Lotte reported similar figures, with total emissions of about 775,000,000 kg CO2e in Japan, indicating a relatively stable emission profile. The company has not publicly committed to specific reduction targets or initiatives, as there are no documented reduction targets or climate pledges available. Overall, Lotte's emissions data reflects a significant reliance on Scope 3 emissions, highlighting the importance of addressing supply chain impacts in their climate strategy.
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 |
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.