Lotte Fine Chemical

Lotte Fine Chemical, a company in the chemical and fertilizer minerals industry based in South Korea (KR), reported total greenhouse gas (GHG) emissions of approximately 4.68 billion kg CO2e for the year 2024. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions.

Breaking down the emissions for 2024:

• Scope 1 emissions were approximately 60.7 million kg CO2e.
• Scope 2 emissions were approximately 616.2 million kg CO2e.
• Scope 3 emissions amounted to approximately 3.40 billion kg CO2e, with purchased goods and services being the largest contributor within this scope.

In 2023, Lotte Fine Chemical's total GHG emissions were approximately 4.71 billion kg CO2e. Scope 1 emissions were around 61.5 million kg CO2e, Scope 2 emissions were approximately 636.1 million kg CO2e, and Scope 3 emissions were approximately 3.49 billion kg CO2e.

Lotte Fine Chemical has set a near-term target to reduce GHG emissions by 14.5% compared to the 2018 level by 2030. This target applies to both Scope 1 and Scope 2 emissions. Historical data shows Scope 1 emissions were approximately 78.6 million kg CO2e in 2018 and Scope 2 emissions were around 595.4 million kg CO2e in the same year. The company's sustainability reports indicate progress towards these goals, with emissions intensity also being a focus, as shown by a GHG emissions intensity of 0.40518 kg CO2e per KRW of revenue in 2024.