Lotte Hi Mart
Lotte Hi Mart, a leading electronics retailer in South Korea, is headquartered in Seoul, KR. Founded in 1999, the company has established itself as a prominent player in the consumer electronics industry, with a strong presence across major cities in South Korea. Specialising in a wide range of products, including home appliances, IT devices, and digital gadgets, Lotte Hi Mart is known for its commitment to quality and customer service. The retailer distinguishes itself through its extensive selection and competitive pricing, catering to the diverse needs of tech-savvy consumers. With a robust market position, Lotte Hi Mart has achieved significant milestones, including numerous awards for customer satisfaction and innovation in retail. As a trusted name in the electronics sector, it continues to shape the shopping experience for South Korean customers.
DitchCarbon Score
How does Lotte Hi Mart'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 Retail Trade Services 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 Hi Mart's score of 61 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Lotte Hi Mart's reported carbon emissions
In 2024, Lotte Hi Mart reported significant carbon emissions, totalling approximately 96484000 kg CO2e for Scope 1 and about 619138000 kg CO2e for Scope 2. The Scope 3 emissions were notably high, with major contributions from purchased goods and services (about 19633442000 kg CO2e) and the use of sold products (approximately 2719849000 kg CO2e). For the previous year, 2023, Lotte Hi Mart's emissions were approximately 51895000 kg CO2e, with Scope 1 emissions at about 379000 kg CO2e and Scope 2 emissions at around 43406000 kg CO2e. The Scope 3 emissions for 2023 were reported at approximately 8110000 kg CO2e. Lotte Hi Mart has set ambitious climate commitments, aiming to reduce its carbon emissions by 35% by 2030 compared to 2018 levels for both Scope 1 and Scope 2 emissions. Additionally, the company has established a roadmap to achieve Net Zero emissions by 2040, covering both Scope 1 and Scope 2 emissions. The emissions data is not cascaded from any parent company, indicating that Lotte Hi Mart independently reports its carbon footprint and climate initiatives. The company is actively working towards its reduction targets while addressing its substantial Scope 3 emissions, which represent a significant portion of its overall carbon footprint.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | 000,000 | 000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 83,620,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 2,423,000 | 0,000,000 | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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 Hi Mart 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.
