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 79% 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 96,000,000 kg CO2e, comprising 26,000,000 kg CO2e from Scope 1, 70,000,000 kg CO2e from Scope 2, and 774,000,000 kg CO2e from Scope 3 emissions. This represents a slight decrease in Scope 1 and Scope 2 emissions compared to 2022, where they were 27,000,000 kg CO2e and 75,000,000 kg CO2e, respectively. However, Scope 3 emissions increased from 775,000,000 kg CO2e in 2022. In 2022, Lotte's global emissions were approximately 1,018,000,000 kg CO2e, with Scope 1 emissions at 34,000,000 kg CO2e, Scope 2 at 93,000,000 kg CO2e, and Scope 3 at 1,014,000,000 kg CO2e. The total emissions for Japan in 2022 were about 102,000,000 kg CO2e, with similar trends observed in the breakdown of emissions across the scopes. Lotte has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to monitor and report its emissions, reflecting its engagement with climate accountability, but lacks defined strategies for significant emissions reductions at this time.
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Add to project| 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.
