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Lotte Hi Mart, a prominent player in the retail trade services sector, is headquartered in South Korea (KR) and operates extensively across the nation. Founded in 1993, the company has established itself as a leader in the retail market, specialising in consumer electronics, home appliances, and personal goods.
With a commitment to quality and customer satisfaction, Lotte Hi Mart offers a diverse range of products, including cutting-edge technology and household essentials, setting itself apart through exceptional service and competitive pricing. The company has achieved significant milestones, including expanding its footprint with numerous stores nationwide, solidifying its market position as a trusted retailer.
Recognised for its innovative approach and customer-centric philosophy, Lotte Hi Mart continues to thrive in the dynamic retail landscape, catering to the evolving needs of consumers across South Korea.
42
DitchCarbon score
+6 vs industry average
Lotte Hi Mart’s score of 42 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Low
Retail Trade Services has below-average carbon intensity
Industry performance
0.181
20182025
The Retail Trade Services industry has reduced its overall emissions by 31% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Lotte Hi Mart's reported carbon emissions
Lotte Hi Mart, a South Korean retail trade services company, reported total Scope 1 emissions of 96,484,000 kg CO2e, Scope 2 emissions of 619,138,000 kg CO2e, and Scope 3 emissions of approximately 27.1 billion kg CO2e for the 2024 reporting year. In 2023, the company's Scope 1 emissions were 96,042,000 kg CO2e, Scope 2 emissions were 614,007,000 kg CO2e, and Scope 3 emissions were about 27.1 billion kg CO2e. For 2022, Lotte Hi Mart recorded Scope 1 emissions of 101,259,000 kg CO2e, Scope 2 emissions of 621,371,000 kg CO2e, and Scope 3 emissions of approximately 32.2 billion kg CO2e.
Lotte Hi Mart is committed to significant carbon reduction, aiming for Net Zero emissions by 2040 for both Scope 1 and Scope 2. The company also has a near-term target to reduce Scope 1 and Scope 2 carbon emissions by 35% by 2030, compared to 2018 levels.
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Lotte Hi Mart’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
10 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsNo peer comparison is available for Lotte Hi Mart yet.
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