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Lotte Fine Chemical
Salt and Mineral MiningSouth KoreaKSC: 004000.KS
Last verified 3 hours agolottefinechem.com
Lotte Fine Chemical, a prominent player in the chemical and fertilizer minerals sector, is headquartered in South Korea (KR). Established in 1976, the company has made significant strides in the mining and quarrying industry, focusing on a diverse range of products, including specialty chemicals and high-quality fertilisers.
With a commitment to innovation and sustainability, Lotte Fine Chemical stands out for its unique offerings that cater to various industrial needs. The company has solidified its market position through strategic expansions and a robust portfolio, which includes essential minerals and salts.
Recognised for its dedication to quality and environmental responsibility, Lotte Fine Chemical continues to lead in the industry, serving major operational regions across Asia and beyond.
38
DitchCarbon score
+20 vs industry average
Lotte Fine Chemical’s score of 38 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
High
Salt and Mineral Mining has above-average carbon intensity
Industry performance
0.437
20182025
The Salt and Mineral Mining industry has reduced its overall emissions by 42% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Lotte Fine Chemical's reported carbon emissions
Lotte Fine Chemical, based in South Korea and operating in the chemical and fertiliser minerals industry, reported total Scope 1, 2, and 3 emissions of approximately 4.07 billion kg CO2e in 2024. This figure comprises 60.69 million kg CO2e from Scope 1 and 616.19 million kg CO2e from Scope 2. Their Scope 3 emissions for 2024 were approximately 3.4 billion kg CO2e, with the largest contributors being purchased goods and services (about 2.94 billion kg CO2e) and investments (approximately 128.08 million kg CO2e).
Looking back, Lotte Fine Chemical's total Scope 1, 2, and 3 emissions were approximately 4.19 billion kg CO2e in 2023, 4.7 billion kg CO2e in 2022, and 5.12 billion kg CO2e in 2021.
Lotte Fine Chemical has committed to reducing its Scope 1 and Scope 2 GHG emissions by 14.5% by 2030, using 2018 as a baseline.
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Lotte Fine Chemical’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
13 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Lotte Fine Chemical3 hours ago
38
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