Lotes Co Ltd
Lotes's GHG Emissions Data Preview
In 2023, 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).
However, Lotes has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 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 | ||||
Unspecified Calculation Method | 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 3 | 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 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Verified Sources Behind Lotes’s Greenhouse Gas (GHG) Emissions Data
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Insights into Lotes's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Lotes amounted to 45,540.884 metric 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 2022, the total operational greenhouse gas (GHG) emissions of Lotes increased by 6.23%, 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 2023, the total Scope 1 emissions of Lotes were 3,381.14 metric tons of CO₂ equivalent (tCO₂e). a
Has Lotes reduced its Scope 1 emissions over time?
Since 2019, Lotes's Scope 1 emissions have increased by 80.01%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), Lotes's Scope 1 emissions decreased by 1.53%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Lotes's Scope 2 emissions?
In 2023, Lotes reported Scope 2 greenhouse gas (GHG) emissions of 42,159.744 tCO₂e without specifying the calculation method. a
Has Lotes reduced its Scope 2 emissions over time?
Since 2019, Lotes's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 15.94%, reflecting a declining long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2022), Lotes's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Lotes 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Lotes use for Scope 2 reporting?
In 2023, Lotes reported its Scope 2 emissions using an unspecified methodology. a
Lotes's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Lotes's Value Chain Emissions
In 2023, Lotes reported 110,854.073 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of Lotes includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
Lotes's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Lotes's Scope 3 emissions?
In 2023, Lotes reported total Scope 3 emissions of 110,854.073 metric tons of CO₂ equivalent (tCO₂e). a
Compared to the previous year (2022), Lotes's Scope 3 emissions increased by 26.74%, suggesting that the company faced challenges in reducing emissions across its value chain. a
Insights into Lotes’s GHG Emissions Intensity Compared to Industry Peers
In 2022, Lotes reported Scope 1 greenhouse gas (GHG) emissions of 3,433.72 tCO₂e and total revenues of USD 882 millions. This translates into an emissions intensity of 3.89 tCO₂e 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 2022, Lotes reported a Scope 1 emissions intensity of 3.89 tCO₂e per millions USD. Compared to the peer group median of 5.04 , 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 2022, Lotes ranked 12 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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 2023, Lotes reported a total carbon footprint of 156,394.957 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 19.99% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Lotes's total carbon footprint was Scope 3 emissions, accounting for 70.88% of the company's total carbon footprint, followed by Scope 2 emissions at 26.96%. a