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 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.
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 emissions. This marks a slight decrease in total emissions compared to 2022, where emissions were about 58,780,000 kg CO2e. The breakdown for 2023 includes 379,000 kg CO2e from Scope 1 emissions, contributing to a combined total of approximately 71,001,400 kg CO2e for Scope 1 and 2. In previous years, Lotte Hi Mart's emissions have shown fluctuations, with 2020 emissions at about 49,439,000 kg CO2e, and 2021 emissions rising to approximately 50,757,000 kg CO2e. The company has disclosed emissions data for Scope 1, 2, and 3, indicating a commitment to transparency in its environmental impact. Despite the absence of specific reduction targets or climate pledges, Lotte Hi Mart's ongoing efforts to monitor and report emissions reflect an awareness of its environmental responsibilities. The company continues to engage in practices aimed at reducing its carbon footprint, aligning with industry standards for sustainability.
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| 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 |
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.
