Lotte Chemical Corp
Lotte Chemical's Climate Target Data Preview
As of 2023, 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 Type | Scope of Target | Unit | Target | Target 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 | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2040 |
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Verified Sources Behind Lotte Chemical’s Climate Targets Data
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Insights into Lotte Chemical's Greenhouse Gas Emissions Pathways
As of 2023, 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 2023, 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 63.24% by 2040, compared to a baseline of 6,800,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a
As of 2023, Lotte Chemical is lagging behind on its operational emissions reduction target, having achieved 17.2% of the planned reduction. a