Lotte Chemical Corp

Common Name
Lotte Chemical
Country
South Korea
Sector
Basic Materials
Industry
Chemicals
Employees
4,478
Ticker
011170
Exchange
KOREA EXCHANGE
Description
Lotte Chemical Corporation is a leading global manufacturer in the chemical industry, renowned for its innovative production of petrochemicals and advanced materials. The company's core focus is on th...

Lotte Chemical's Climate Target Data Preview

As of 2024, Lotte Chemical has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Lotte Chemical ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2025
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Lotte Chemical’s Climate Targets 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 Lotte Chemical’s data sources below and access millions more through our Disclosure Search.

a. Lotte Chemical's ESG Report 2024
a. Lotte Chemical's ESG Report 2024

Insights into Lotte Chemical's Greenhouse Gas Emissions Pathways

As of 2024, Lotte Chemical has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does Lotte Chemical have a target to reduce the emissions from its operations?

As of 2024, Lotte Chemical has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Lotte Chemical's most ambitious operational target is to reduce these emissions by 20% by 2030, compared to a baseline of 6,262,670 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018. a

As of 2024, Lotte Chemical is lagging behind on its operational emissions reduction target, having achieved 28.7% of the planned reduction. a

Lotte Chemical's Operational (Scope 1+2) Emissions Pathway

201820242025203002 M4 M6 M8 MCurrent (-6%)Target 2030 (-20%)
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