Lotte Co., Ltd., commonly referred to as Lotte, is a prominent South Korean conglomerate headquartered in Seoul, South Korea. Established in 1967, the company has grown to become a key player in the food products nec industry, with a diverse portfolio that includes confectionery, beverages, and other food-related goods. Its extensive operations span across South Korea and various international markets, reflecting its significant presence in the global food sector.
Lotte’s core offerings are distinguished by their quality and innovation, making them a trusted choice among consumers. The company’s notable achievements include establishing a strong market position within South Korea and expanding its footprint internationally. As a leader in the food products nec industry, Lotte continues to evolve, driven by a commitment to delivering unique products and maintaining its reputation for excellence.
+14 vs industry average
Lotte’s score of 31 is higher than 56% 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
Food Product Manufacturing is among the most carbon-intensive industries
Industry performance
The Food Product Manufacturing industry has reduced its overall emissions by 22% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Lotte's reported carbon emissions
Lotte, headquartered in KR and operating within the food products sector, has reported its carbon emissions. In 2022, the company's total emissions, encompassing Scope 1, 2, and 3, were approximately 1,423,517,000 kg CO2e. This figure was comprised of Scope 1 emissions totalling about 60,533,000 kg CO2e, Scope 2 emissions of approximately 58,267,000 kg CO2e, and significant Scope 3 emissions amounting to about 780,346,000 kg CO2e.
In 2021, Lotte's total emissions were approximately 1,474,982,000 kg CO2e, with Scope 1 at about 65,017,000 kg CO2e, Scope 2 at approximately 622,658,000 kg CO2e, and Scope 3 at about 796,309,000 kg CO2e. For 2020, total emissions were around 1,441,409,000 kg CO2e, including Scope 1 of approximately 57,505,000 kg CO2e, Scope 2 of about 570,483,000 kg CO2e, and Scope 3 of around 813,422,000 kg CO2e.
Lotte is committed to climate action, with its "Carbon Neutral Roadmap 2.0" outlining several reduction targets. The company aims to achieve net zero across all operations by 2050. Near-term goals include reducing emissions generated at its business sites in Korea by 22% by 2030 compared to 2018 levels. Lotte also aims to reduce emissions by 4.49 million tons compared to a business-as-usual (BAU) scenario by 2030 and 8.54 million tons compared to BAU by 2040. A further long-term ambition is to reduce emissions by 12.6 million tons compared to BAU by 2050.
Emissions data for 2023 and 2024 are reported for Scope 1 and Scope 2 only. In 2024, Scope 1 emissions were approximately 295,960 kg CO2e and Scope 2 emissions were about 634,120 kg CO2e. For 2023, Scope 1 emissions were approximately 318,030 kg CO2e and Scope 2 emissions were about 656,600 kg CO2e. Scope 3 data is not yet available for these years, with "purchased goods and services" noted as a missing data point.
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Lotte’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
5 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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