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.
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.
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.
Lotte Hi Mart's score of 36 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 reflects a total of approximately 51,895,000 kg CO2e when combining all scopes. Over the years, Lotte Hi Mart has shown fluctuations in its emissions, with a notable decrease in total emissions from about 58,780,000 kg CO2e in 2022 to the current figure. The company has not publicly committed to specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future development in their climate strategy. The emissions data highlights the importance of addressing both Scope 2 and Scope 3 emissions, particularly as the company continues to evaluate its environmental impact and seek opportunities for improvement in sustainability practices.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 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 |
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.