Public Profile

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.

36

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.

4

Industry Benchmark

Lotte Hi Mart's score of 36 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.

91%

Lotte Hi Mart's reported carbon emissions

In 2023, Lotte Hi Mart reported total carbon emissions of approximately 43,406,000 kg CO2e from Scope 2 and 8,110,000 kg CO2e from Scope 3, with Scope 1 emissions at about 379,000 kg CO2e. This marks a slight decrease in total emissions compared to 2022, where total emissions were approximately 58,780,000 kg CO2e. Over the years, Lotte Hi Mart has shown a trend of reducing its Scope 2 emissions, which dropped from about 83,620,000 kg CO2e in 2018 to 43,406,000 kg CO2e in 2023. However, there are no specific reduction targets or climate pledges disclosed in their reports, indicating a potential area for improvement in their climate commitments. The company has consistently reported emissions across all three scopes, with significant contributions from Scope 3 emissions, particularly from waste generated in operations. As Lotte Hi Mart continues to navigate its carbon footprint, further transparency and commitment to reduction targets could enhance its sustainability profile.

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Add to project
201820192020202120222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Lotte Hi Mart's primary industry is Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Lotte Hi Mart is headquartered in KR, which we do not have grid emissions data for.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers