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 24 is higher than 58% 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 2024, LOTTE rental, headquartered in South Korea (KR), reported total greenhouse gas emissions of approximately 930,090 kg CO2e, encompassing both Scope 1 and Scope 2 emissions. This figure reflects a decrease from the previous year's emissions of about 974,630 kg CO2e in 2023. The company has set ambitious climate commitments, aiming to reduce its GHG emissions by over 35% by 2030 compared to 2018 levels, with a long-term goal of achieving carbon neutrality by 2040. LOTTE rental's emissions data is not cascaded from a parent company, indicating that these figures are independently reported. The company has not disclosed any Scope 3 emissions data, which typically includes indirect emissions from the supply chain and product use. The reported emissions intensity for 2023 was approximately 0.0017 kg CO2e per unit of revenue, highlighting the company's ongoing efforts to improve its sustainability performance. As part of its climate strategy, LOTTE rental is committed to enhancing its operational efficiency and reducing its carbon footprint in alignment with industry standards.
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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.
