Public Profile

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.

29

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.

13

Industry Benchmark

Lotte's score of 29 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.

95%

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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. When compared to 2022, there was a slight decrease in Scope 1 emissions from 27000000 kg CO2e and Scope 2 emissions from 75000000 kg CO2e, while Scope 3 emissions remained relatively stable at approximately 775000000 kg CO2e. Lotte has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. However, the company continues to monitor and report its emissions across all scopes, indicating a commitment to transparency in its climate impact. Overall, Lotte's emissions profile highlights the significant contribution of Scope 3 emissions, which primarily arise from purchased goods and services, underscoring the importance of addressing supply chain emissions in their climate strategy.

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20192020202120222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Lotte's primary industry is Food products nec, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Lotte is in JP, which has a low grid carbon intensity relative to other regions.

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 participating in any of the initiatives that 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers