Lotte Hotels & Resorts, a prominent player in the hospitality industry, is headquartered in South Korea (KR) and operates extensively across Asia and beyond. Founded in 1973, the company has established itself as a leader in luxury accommodation, offering a diverse range of services that include upscale hotels, resorts, and serviced residences. With a commitment to exceptional guest experiences, Lotte Hotels & Resorts is renowned for its unique blend of traditional Korean hospitality and modern amenities. The brand has achieved significant milestones, including numerous awards for service excellence and sustainability initiatives. As a key player in the global hospitality market, Lotte continues to expand its footprint, solidifying its position as a trusted choice for discerning travellers seeking quality and comfort.
How does Lotte Hotels & Resorts'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 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 Hotels & Resorts's score of 20 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Lotte Hotels & Resorts reported total carbon emissions of approximately 3,892,994,000 kg CO2e. This figure includes Scope 1 emissions of about 45,609,000 kg CO2e, Scope 2 emissions of around 110,715,000 kg CO2e, and significant Scope 3 emissions from purchased goods and services, totalling approximately 3,755,941,000 kg CO2e. The previous year, 2021, saw total emissions of about 3,139,135,000 kg CO2e, with Scope 1 at approximately 39,488,000 kg CO2e, Scope 2 at around 98,591,000 kg CO2e, and Scope 3 emissions reaching about 3,037,917,000 kg CO2e. In 2020, the total emissions were approximately 2,759,830,000 kg CO2e, comprising Scope 1 emissions of about 37,660,000 kg CO2e, Scope 2 emissions of around 99,201,000 kg CO2e, and Scope 3 emissions of approximately 2,666,464,000 kg CO2e. Despite the increasing trend in emissions over these years, Lotte Hotels & Resorts has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company operates within an industry context that increasingly prioritises sustainability and carbon footprint reduction, yet specific commitments from Lotte remain unspecified.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2021 | 2022 | |
---|---|---|---|
Scope 1 | 37,660,000 | 00,000,000 | 00,000,000 |
Scope 2 | 99,201,000 | 00,000,000 | 000,000,000 |
Scope 3 | 2,666,464,000 | 0,000,000,000 | 0,000,000,000 |
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 Hotels & Resorts is committed to some 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.