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 26 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
LOTTE rental's reported carbon emissions
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 around 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. The company has shown a slight decrease in total emissions from 2022 to 2023, indicating a commitment to reducing its carbon footprint. However, there are currently no specific reduction targets or climate pledges disclosed by LOTTE Rental, which suggests a need for further commitment to climate action in line with industry standards. LOTTE Rental's emissions intensity for Scope 1 and 2 has varied, with a reported intensity of 0.00168 in 2023, reflecting their ongoing efforts to manage emissions relative to revenue. As the company continues to navigate its climate commitments, further transparency and strategic targets will be essential for aligning with global sustainability goals.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Get Started| 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 |
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 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.
