Lotte Fine Chemical
Lotte Fine Chemical, a prominent player in the chemical industry, is headquartered in South Korea (KR) and operates extensively across Asia and beyond. Founded in 1976, the company has established itself as a leader in fine chemicals, specialising in the production of high-quality materials for various sectors, including electronics, automotive, and pharmaceuticals. With a diverse portfolio that includes specialty chemicals, polymer additives, and electronic materials, Lotte Fine Chemical is recognised for its commitment to innovation and sustainability. The company’s unique approach to product development and its focus on customer-centric solutions have solidified its market position. Notable achievements include significant advancements in eco-friendly chemical processes, positioning Lotte Fine Chemical as a forward-thinking entity in the global market.
DitchCarbon Score
How does Lotte Fine Chemical'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 Salt and Mineral Mining 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 Fine Chemical's score of 37 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lotte Fine Chemical's reported carbon emissions
In 2024, Lotte Fine Chemical, headquartered in South Korea (KR), reported total greenhouse gas (GHG) emissions of approximately 930,090 kg CO2e, encompassing Scope 1 and Scope 2 emissions. This figure represents a decrease from the previous year's emissions of about 974,630 kg CO2e in 2023. The company has set ambitious targets to reduce its GHG emissions by 14.5% from 2018 levels by 2030 for both Scope 1 and Scope 2 emissions. Globally, Lotte Fine Chemical's emissions for 2023 included 61,505,000 kg CO2e for Scope 1, 636,112,000 kg CO2e for Scope 2, and a significant 3,490,328,000 kg CO2e for Scope 3 emissions. The company is committed to achieving a 35% reduction in GHG emissions by 2030 compared to 2018 levels, with a long-term goal of carbon neutrality by 2040. Lotte Fine Chemical's emissions data is not cascaded from any parent company, and all reported figures are derived directly from their own disclosures. The company continues to focus on enhancing its sustainability practices and reducing its carbon footprint in alignment with industry standards.
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| 2013 | 2014 | 2015 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 71,997,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 462,010,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 534,007,000 | 000,000,000 | 000,000,000 | - | - | - | 0,000,000,000 | 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 Fine Chemical 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.
