LOTTE rental Sustainability Profile
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 50% 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 carbon emissions of approximately 295,960 kg CO2e for Scope 1 emissions. The combined Scope 1 and 2 emissions reached about 930,090 kg CO2e. This reflects a slight decrease from 2023, where Scope 1 emissions were about 318,030 kg CO2e and total Scope 1 and 2 emissions were approximately 974,630 kg CO2e. 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. Despite the absence of specific reduction targets or initiatives, LOTTE rental is committed to monitoring and reporting its emissions. The company has provided emissions intensity metrics, with a GHG emissions intensity of about 0.00006 kg CO2e per unit of revenue for Scope 1 and 2 in 2024, and approximately 0.0017 kg CO2e per unit of revenue in 2023. LOTTE rental's climate commitments remain vague, with no specific science-based targets or climate pledges reported. The company continues to focus on transparency in its emissions reporting, aligning with industry standards for sustainability.
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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 |
How Carbon Intensive is LOTTE rental's Industry?
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LOTTE rental's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
LOTTE rental has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
