Lotte Shopping
Lotte Shopping Co., Ltd., a prominent player in the retail industry, is headquartered in South Korea (KR) and operates extensively across Asia. Founded in 1998, the company has established itself as a leader in the hypermarket and department store sectors, offering a diverse range of products from groceries to fashion. Lotte Shopping is renowned for its unique blend of quality and affordability, catering to the evolving needs of consumers. With a strong market presence, it has achieved significant milestones, including the expansion of its store formats and the introduction of innovative shopping experiences. The company’s commitment to customer satisfaction and operational excellence has solidified its position as a trusted name in retail, making it a key player in the competitive landscape of the industry.
DitchCarbon Score
How does Lotte Shopping'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 Retail Trade Services 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 Shopping's score of 28 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Lotte Shopping's reported carbon emissions
In 2023, Lotte Shopping reported carbon emissions of approximately 710,209,000 kg CO2e, with 96,042,000 kg CO2e from Scope 1 and 614,167,000 kg CO2e from Scope 2. The company has not disclosed any Scope 3 emissions for this year. Over the years, Lotte Shopping has shown a trend of fluctuating emissions. In 2022, total emissions were about 722,630,000 kg CO2e, with Scope 1 contributing 101,259,000 kg CO2e and Scope 2 at 621,371,000 kg CO2e. The company’s emissions peaked in 2018 at approximately 801,340,000 kg CO2e, indicating a gradual reduction in recent years. Despite these figures, Lotte Shopping has not set specific reduction targets or climate pledges, nor have they engaged with the Science Based Targets initiative (SBTi) for formal reduction commitments. The absence of defined reduction initiatives suggests a need for enhanced climate action strategies within the retail sector, particularly as global pressures for sustainability increase.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2011 | 2012 | 2013 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 82,304,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 00,000,000 |
| Scope 2 | 56,472,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 1,086,997,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | - |
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 Shopping 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.
