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Lotes Co Ltd
Lotes's GHG Emissions Data Preview
In 2024, Lotes completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Lotes has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind Lotes’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Lotes’s data sources below and access millions more through our Disclosure Search.
Insights into Lotes's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofLotes amounted to38,305.71metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Lotesincreased by 20.54%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
Lotes's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Lotes's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Lotes were 2,911.2 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Lotes reduced its Scope 1 emissions over time?
Since 2019, Lotes's Scope 1 emissions have increased by 54.99%, reflecting a rising long-term trend in Scope 1 emissions over time.ac
Compared to the previous year(2023), Lotes's Scope 1 emissions decreased by 13.9%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Lotes's Scope 2 emissions?
In 2024, Lotes reported Scope 2 greenhouse gas (GHG) emissions of 16,360.2 tCOâ‚‚e using the market-based method and 35,394.51 tCOâ‚‚e using the location-based method.a
Has Lotes reduced its Scope 2 emissions over time?
Compared to the previous year(2023), Lotes's Scope 2 emissions(Location-Based) rose by 24.64% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
What methodology does Lotes use for Scope 2 reporting?
In 2024, Lotes reported its Scope 2 emissions using the market-based method and using the location-based method.a
Lotes's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into Lotes's Value Chain Emissions
In 2024, Lotes reported 169,914.42 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Lotes includes a breakdown across 9of the 15 Scope 3 categories defined by the GHG Protocol,up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
Lotes's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Lotes's Scope 3 emissions?
In 2024, Lotes reported total Scope 3 emissions of 169,914.42 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 99.99%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.01%came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Lotes's Scope 3 emissions increased by 53.28%, suggesting that the company faced challenges in reducing emissions across its value chain.ab
What categories of Scope 3 emissions does Lotes disclose?
In 2024, Lotes reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Lotes's Scope 3 emissions?
In 2024, the largest contributors to Lotes's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 140,953.09 tCOâ‚‚e(82.96%)
- Fuel- and Energy-Related Services (Cat. 3): 16,798.98 tCOâ‚‚e(9.89%)
- Employee Commuting (Cat. 7): 3,675.694 tCOâ‚‚e(2.16%)
Lotes's Scope 3 Emissions by Categories
Insights into Lotes’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Lotes reported Scope 1 greenhouse gas (GHG) emissions of 2,911.2 tCOâ‚‚e and total revenues of USD 918 millions. This translates into an emissions intensity of 3.17 tCOâ‚‚e per millions USD.a
Lotes's Scope 1 Emissions Intensity Compared to Peers
How does Lotes's GHG emissions intensity compare to its peers?
In 2024, Lotes reported a Scope 1 emissions intensity of 3.17 tCOâ‚‚e per millions USD. Compared to the peer group median of 5.81, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Lotes rank on GHG emissions intensity within its industry?
In 2024, Lotes ranked 11 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Lotes is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Lotes's Total Carbon Footprint
In 2024, Lotes reported a total carbon footprint of 208,220.13 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 45.98% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Lotes's total carbon footprint was Scope 3 emissions, accounting for 81.6% of the company's total carbon footprint, followed by Scope 2 emissions at 17%.a