In 2024, Lotte Chemical disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
Lotte Chemical also reported the energy it generates itself, offering insight into its level of energy independence.
Additionally, Lotte Chemical also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
| Metric (GJ) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Energy Consumption | 113,139,000a | 118,765,000a | 118,700,000a | |
Non-Renewable Energy Consumption | 113,076,000a | 118,759,000a | 118,700,000a | |
Renewable Energy Consumption | 63,000a | 6,000a | 0a | |
Total Energy Production | 12,787,000a | 10,982,000a | 9,336,000a |
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In 2024, Lotte Chemical consumed a total of 113.14 million Gigajoules of energy across its operations. Of this total, 0.06% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 99.94% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.a
In 2024, Lotte Chemical consumed a total of 113.14 million Gigajoules of energy, of which 0.06% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.a
This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Lotte Chemical has considerable room to improve its energy sustainability strategy.
Since 2022, Lotte Chemical's total energy consumption decreased by 4.68%, including a further 4.74% drop in 2024, highlighting a continued decline in energy use.a
Over the same period, the share of renewable energy in Lotte Chemical's consumption increased by 1,002.21%, showing a recent positive trend in clean energy adoption.a