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OrganisationsLotte Shopping
Lotte Shopping logo

Lotte Shopping

Retail Trade ServicesSouth Korea
Last verified 13 days agolotteshoppingir.com

Lotte Shopping Co., Ltd., a prominent player in the retail trade services sector, is headquartered in South Korea (KR) and operates extensively across Asia. Founded in 1998, the company has established itself as a leader in the retail industry, focusing on a diverse range of services, including department stores, hypermarkets, and e-commerce platforms.

Lotte Shopping is renowned for its unique blend of quality products and exceptional customer service, catering to a wide array of consumer needs. The company has achieved significant milestones, including the expansion of its store network and the introduction of innovative shopping experiences. With a strong market position, Lotte Shopping continues to set benchmarks in the retail landscape, making it a key player in the industry.

62
DitchCarbon score

+28 vs industry average

Lotte Shopping’s score of 62 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Low

Retail Trade Services has below-average carbon intensity

Industry performance

0.181
20182025

The Retail Trade Services industry has reduced its overall emissions by 31% since 2018

Emissions trajectory 2020 – 2027

00.0B00.0B00.0B0.0B0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Lotte Shopping's reported carbon emissions

Lotte Shopping, a retail trade services company based in South Korea, reported a total of approximately 31.4 billion kg CO2e in emissions for the 2024 reporting year. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions.

For the 2023 reporting year, Lotte Shopping's total emissions were approximately 31.9 billion kg CO2e. In 2022, the company emitted approximately 33.4 billion kg CO2e, and in 2021, emissions totalled approximately 35.1 billion kg CO2e.

Lotte Shopping has established climate commitments, including a near-term target to reduce absolute Scope 1 and 2 greenhouse gas emissions by 46.2% by fiscal year 2031, using fiscal year 2021 as the base year. The company also commits to reducing absolute Scope 3 greenhouse gas emissions by 46.2% within the same timeframe. These targets are aligned with keeping global warming to 1.5°C. Additionally, Lotte Shopping has committed to net-zero emissions.

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Lotte Shopping’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for Lotte Shopping yet.

Scope 3 top emissions categories

13 of 15 categories disclosed
Purchased Goods & Services65%
Upstream Transportation & Distribution24%
Use of Sold Products9%
Investments1%
End-of-Life Treatment1%
Fuel & Energy Activities0%
Employee Commuting0%
Franchises0%
Purchased Goods & Services65%
Upstream Transportation & Distribution24%
Use of Sold Products9%
Investments1%
End-of-Life Treatment1%
Fuel & Energy Activities0%
Employee Commuting0%
Franchises0%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

FY2031 targetSee details
Active
CDP

Carbon Disclosure Project

See details
Not active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Lotte Shopping logoLotte Shopping
KRRetail Trade Services
13 days ago
62
Rakuten logoRakuten
JPInternet Publishing and Broadcasting and Web Search Portals
2 days ago
93
View
Tencent logoTencent
CNCommunication Equipment Manufacturing
6 days ago
86
View
Target logoTarget
USAll Other Miscellaneous Store Retailers (except Tobacco Stores)
6 days ago
68
View
Alibaba logoAlibaba
CNComputer Services
6 days ago
68
View
Walmart logoWalmart
USRetail Trade Services
4 days ago
55
View
Naver logoNaver
KRBusiness Services
5 days ago
44
View

Frequently asked questions

Common questions about Lotte Shopping’s sustainability data and climate commitments

Lotte Shopping reported total carbon emissions of approximately 31.4 billion kg CO₂e for the 2024 reporting year. This figure includes emissions from all three scopes: Scope 1, Scope 2, and Scope 3. The company has shown a commitment to reducing its carbon footprint, with a target to decrease absolute Scope 1 and 2 emissions by roughly 46% by fiscal year 2031, using 2021 as the base year.

Data year: 2024

Usage policy

You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.

See our License Agreement for more details.

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data come from?

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