LOTTE rental
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
LOTTE rental's score of 21 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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LOTTE rental's reported carbon emissions
In 2023, LOTTE rental reported total carbon emissions of approximately 6,612,000 kg CO2e. This figure includes 330,000 kg CO2e from Scope 1 emissions, 3,890,000 kg CO2e from Scope 2 emissions, and a significant 781,000,000 kg CO2e from Scope 3 emissions. The combined Scope 1 and 2 emissions totalled about 4,220,000 kg CO2e. Comparatively, in 2022, LOTTE rental's emissions were approximately 4,598,000 kg CO2e, with Scope 1 contributing 437,000 kg CO2e and Scope 2 contributing 4,160,000 kg CO2e. The data indicates a notable increase in total emissions from 2022 to 2023, primarily driven by the substantial Scope 3 emissions. LOTTE rental has not disclosed any specific reduction targets or initiatives as part of its climate commitments. The company does not appear to have cascaded emissions data from a parent organisation, and all reported figures are sourced directly from LOTTE rental co., ltd. Overall, LOTTE rental's emissions profile highlights the importance of addressing Scope 3 emissions, which represent the largest portion of their carbon footprint. The absence of reduction targets suggests an opportunity for the company to enhance its climate strategy and commitments moving forward.
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| 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 |
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 rental is not participating in any of the initiatives that 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.
