LOTTE Rental, a prominent player in the vehicle rental industry, is headquartered in South Korea (KR) and operates extensively across Asia. Founded in 1973, the company has established itself as a leader in providing comprehensive mobility solutions, including car rentals, leasing services, and fleet management. With a commitment to innovation, LOTTE Rental offers a diverse range of vehicles, from economy cars to luxury models, ensuring customers have access to options that suit their needs. The company is recognised for its exceptional customer service and advanced technology integration, which enhances the rental experience. As a subsidiary of the LOTTE Group, LOTTE Rental has achieved significant milestones, positioning itself as a trusted name in the market. Its dedication to quality and reliability has earned it a strong reputation, making it a preferred choice for both business and leisure travellers in the region.
How does LOTTE rental'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 Land Transportation 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 rental's score of 26 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, LOTTE Rental reported total carbon emissions of approximately 4,220,000 kg CO2e, comprising 330,000 kg CO2e from Scope 1 and 3,890,000 kg CO2e from Scope 2. Additionally, the company disclosed significant Scope 3 emissions of about 781,000,000 kg CO2e, primarily from purchased goods and services. Comparatively, in 2022, LOTTE Rental's total emissions were about 4,598,000 kg CO2e, with Scope 1 emissions at 437,000 kg CO2e and Scope 2 emissions at 4,160,000 kg CO2e. The Scope 3 emissions for that year were approximately 667,182,000 kg CO2e. LOTTE Rental has not set specific reduction targets or climate pledges, indicating a potential area for future commitment. The company continues to monitor and report its emissions, reflecting an awareness of its environmental impact within the rental industry.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 515,000 | 000,000 | 000,000 | 000,000 |
Scope 2 | 3,010,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | - | - | 000,000,000 | 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 rental 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.