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OrganisationsLotte Shopping
Lotte Shopping logo

Lotte Shopping

Retail Trade ServicesSouth Korea
Last verified 23 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.

60
DitchCarbon score

+25 vs industry average

Lotte Shopping’s score of 60 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

0.097
20192025

The Retail Trade Services industry has reduced its overall emissions by 42% since 2019

Emissions trajectory 2020 – 2027

00.0B00.0B00.0B00.0B0

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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's latest reported carbon emissions for the reporting year 2024 are approximately 30.7 billion kg CO2e in Scope 3, and about 715.6 million kg CO2e for Scopes 1 and 2 combined. In 2023, the company reported approximately 31.3 billion kg CO2e for Scope 3 emissions and around 710 million kg CO2e for Scopes 1 and 2. Lotte Shopping has committed to significant climate targets. They aim to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 46.2% by fiscal year 2031, using a fiscal year 2021 baseline. Furthermore, they have committed to reducing absolute Scope 3 GHG emissions by the same percentage, 46.2%, within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are consistent with keeping global warming to 1.5°C. The company is a member of the Business Ambition for 1.5°C initiative.

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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
23 days ago
60
Avolta logoAvolta
CHComputer Services
21 days ago
74
View
Target logoTarget
USAll Other Miscellaneous Store Retailers (except Tobacco Stores)
10 days ago
67
View
DFS Group Limited logoDFS Group Limited
HKWholesale Trade
3 months ago
62
View
Walmart logoWalmart
USRetail Trade Services
7 days ago
54
View
Kakao logoKakao
KRRecreation and Sports Services
11 days ago
42
View
Jd logoJd
CNComputer Services
2 days ago
37
View

Frequently asked questions

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

Lotte Shopping's carbon emissions for 2024 are approximately 30.7 billion kg CO₂e for Scope 3 and around 715.6 million kg CO₂e for Scopes 1 and 2 combined. This indicates a slight decrease from 2023, where Scope 3 emissions were about 31.3 billion kg CO₂e. The company is actively working to manage its carbon footprint, which is crucial for stakeholders concerned about environmental impacts in the retail sector.

Data year: 2024

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See our License Agreement for more details.

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