In 2024, Lotte Chemical conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards.The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Waste Generated | 98,166a | 106,678a | 111,786a | |
Total Waste Recovered | 85,292a | 91,920a | 94,348a | |
Total Hazardous Waste Generated | 33,902a | 37,820a | 39,147a | |
Non-Hazardous Waste Disposed | 6,955a | 9,699a | 11,966a |
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In 2024, Lotte Chemical generated a total of 98,166metric tonnes of waste.a
Of this amount, 86.89% of Lotte Chemical's total waste generated was recovered through methods such as recycling, reuse, or composting, while 13.11% was disposed of through landfilling, incineration, or combustion.a
In 2024, Lotte Chemical reported a total waste generation of 98,166 metric tonnes, of which 86.89% was recovered through recycling, reuse, or composting.This high recovery rate suggests that Lotte Chemical has implemented strong circular economy practices and actively prioritizes sustainable waste management.a
Since 2022, Lotte Chemical's total waste generation decreased by 12.18%, including a further 7.98% drop in 2024, highlighting a consistent and deliberate reduction in waste production over time.a
Over the same period, Lotte Chemical's waste recovery rate increased by 2.94%, while holding steady in 2024, suggesting past gains in recovery performance have stabilized.a
Overall, Lotte Chemical’s waste generation and recovery data show a mixed and inconsistent trend. A deeper analysis of the company's activities, industry benchmarks, and operational changes is needed to assess its sustainability performance more precisely.
In 2024, Lotte Chemical generated a total of 98,166 metric tonnes of waste.a
Of this amount, 34.54% of Lotte Chemical's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment.65.46% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.a
Since 2022, Lotte Chemical's total waste generation decreased by 12.18%, with an additional 7.98% decline in 2024, suggesting a consistent and deliberate effort to minimize waste generation at the source.a
Over the same period, Lotte Chemical reduced the hazardousness of its waste by 1.38%, with a further 2.59% decline in 2024, suggesting a sustained and meaningful shift toward safer waste profiles and lower environmental impact.a
Overall, Lotte Chemical has made consistent and substantial progress in reducing both the quantity and the danger of its waste, highlighting a strong, well-executed waste strategy focused on minimizing environmental impact.a
In 2024, Lotte Chemical reported that 33,902 metric tonnes of its total waste output were classified as hazardous. This represents 34.54% of its overall waste generation.a
The company treated this hazardous waste using a combination of methods.A majority (82.54%) was diverted from disposal through recovery-oriented treatments such as recycling or reuse. This suggests that Lotte Chemical has established processes to reduce the environmental burden of its most harmful waste streams.a