Lotte Hi Mart
Lotte Hi Mart, a leading electronics and home appliance retailer in South Korea, has established itself as a prominent player in the retail industry since its founding in 1999. Headquartered in Seoul, the company operates numerous stores across major regions, including Busan and Incheon, catering to a diverse customer base. Specialising in a wide range of products, Lotte Hi Mart offers everything from cutting-edge electronics to essential home appliances, setting itself apart with exceptional customer service and competitive pricing. The retailer has achieved significant milestones, including expanding its online presence and enhancing its logistics capabilities, which have solidified its market position. Recognised for its commitment to quality and innovation, Lotte Hi Mart continues to thrive in the dynamic retail landscape, making it a go-to destination for consumers seeking reliable and modern home solutions.
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 39 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Lotte Hi Mart's reported carbon emissions
In 2023, Lotte Hi Mart reported total carbon emissions of approximately 71,001,400 tonnes CO2e, comprising 379,000 tonnes from Scope 1, 43,406,000 tonnes from Scope 2, and 8,110,000 tonnes from Scope 3 emissions. This marks a slight increase from 2022, where total emissions were about 58,780,000 tonnes CO2e. Over the years, Lotte Hi Mart has shown a trend of fluctuating emissions. In 2020, the total emissions were around 49,439,000 tonnes CO2e, which increased to approximately 50,757,000 tonnes CO2e in 2021. The company has not set specific reduction targets or initiatives as part of its climate commitments, indicating a potential area for future focus. The emissions data highlights the significant contribution of Scope 2 emissions, which are primarily associated with the electricity consumed by the company. Lotte Hi Mart's commitment to addressing its carbon footprint remains crucial as it navigates the challenges of climate change and sustainability in the retail sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | - | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 83,620,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 2,423,000 | 0,000,000 | 0,000,000 | 00,000,000,000 | 0,000,000 | 0,000,000 |
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 committed to any reduction initiatives 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.
