Lotte Sustainability Profile
Lotte Corporation, commonly referred to as Lotte, is a prominent South Korean conglomerate headquartered in Seoul, South Korea (KR). Founded in 1967, Lotte has established itself as a key player in various industries, including food and beverage, retail, and tourism. The company operates extensively across Asia, with significant presence in Japan, China, and Southeast Asia. Lotte is renowned for its diverse range of products and services, particularly in the confectionery sector, where its unique offerings, such as Lotte Choco Pie, have gained immense popularity. The corporation has achieved notable milestones, including the expansion of its retail operations through Lotte Mart and Lotte Department Store, solidifying its market position as a leading retailer in the region. With a commitment to innovation and quality, Lotte continues to enhance its brand reputation and consumer loyalty across multiple sectors.
DitchCarbon Score
How does Lotte'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 Business 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's score of 41 is higher than 65% 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's reported carbon emissions
In 2024, Lotte's carbon emissions in South Korea totalled approximately 295,960 kg CO2e for Scope 1 emissions, with combined Scope 1 and 2 emissions reaching about 930,090 kg CO2e. This marks a slight decrease from 2023, where Scope 1 emissions were approximately 318,030 kg CO2e and Scope 1 and 2 emissions totalled about 974,630 kg CO2e. Lotte has set ambitious climate commitments, aiming to reduce carbon emissions by approximately 3.87 million tonnes compared to business as usual (BAU) by 2030, and 8.54 million tonnes by 2040. Additionally, they plan to achieve a reduction of 12.6 million tonnes by 2050. Specific targets include a 22% reduction in greenhouse gas emissions from domestic business sites by 2030 and a 61% reduction by 2040, based on 2018 levels. Lotte's emissions data is not cascaded from any parent organization, and they have not disclosed Scope 3 emissions data. The company is actively working towards its net-zero goals, demonstrating a commitment to sustainability and climate action within the industry.
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| 2010 | 2011 | 2012 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 132,500,000 | 000,000,000 | 000,000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 76,320,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000 | 000,000 |
| Scope 3 | 51,620,000 | 00,000,000 | 00,000,000 | - | - | 0,000,000 | 0,000,000 | - | - |
How Carbon Intensive is Lotte's Industry?
How Carbon Intensive is Lotte's Location?
Lotte'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 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.
