Lotte Fine Chemical Co Ltd
Lotte Fine Chemical's GHG Emissions Data Preview
In 2024, Lotte Fine Chemical 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).
Lotte Fine Chemical has also provided a category-level breakdown for 13 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 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.  b | 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.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
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aVerified Sources Behind Lotte Fine Chemical’s Greenhouse Gas (GHG) Emissions 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 Fine Chemical’s data sources below and access millions more through our Disclosure Search.
Insights into Lotte Fine Chemical's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Lotte Fine Chemical amounted to 1,353,753.485 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 2023, the total operational greenhouse gas (GHG) emissions of Lotte Fine Chemical increased by 94.05%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
Lotte Fine Chemical's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Lotte Fine Chemical's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Lotte Fine Chemical were 121,369.547 metric tons of CO₂ equivalent (tCO₂e). a
Has Lotte Fine Chemical reduced its Scope 1 emissions over time?
Since 2020, Lotte Fine Chemical's Scope 1 emissions have increased by 111.06%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2023), Lotte Fine Chemical's Scope 1 emissions increased by 97.33%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are Lotte Fine Chemical's Scope 2 emissions?
In 2024, Lotte Fine Chemical reported Scope 2 greenhouse gas (GHG) emissions of 1,232,383.938 tCO₂e without specifying the calculation method. a
Has Lotte Fine Chemical reduced its Scope 2 emissions over time?
Since 2020, Lotte Fine Chemical's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have increased by 116.02%, reflecting a rising long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2023), Lotte Fine Chemical's Scope 2 emissions (Unspecified Calculation Method) rose by 93.74% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a
What methodology does Lotte Fine Chemical use for Scope 2 reporting?
In 2024, Lotte Fine Chemical reported its Scope 2 emissions using an unspecified methodology. a
Lotte Fine Chemical's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Lotte Fine Chemical's Value Chain Emissions
In 2024, Lotte Fine Chemical reported 3,401,551 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 2024 disclosure of Lotte Fine Chemical includes a breakdown across 13 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
Lotte Fine Chemical's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Lotte Fine Chemical's Scope 3 emissions?
In 2024, Lotte Fine Chemical reported total Scope 3 emissions of 3,401,551 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 95.27% of these emissions originated from upstream activities such as purchased goods and capital goods, while 4.73% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2023), Lotte Fine Chemical's Scope 3 emissions remained relatively stable, indicating that Lotte Fine Chemical 's emissions have plateaued with no significant change in its value chain footprint. a
What categories of Scope 3 emissions does Lotte Fine Chemical disclose?
In 2024, Lotte Fine Chemical reported emissions for 13 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This reflects a high level of granularity and transparency in the company's emissions reporting.
What are the main sources of Lotte Fine Chemical's Scope 3 emissions?
In 2024, the largest contributors to Lotte Fine Chemical's Scope 3 emissions were: a
- Purchased Goods and Services (Cat. 1): 2,943,047 tCO₂e (86.52%)
- Investments (Cat. 15): 128,084 tCO₂e (3.77%)
- Fuel- and Energy-Related Services (Cat. 3): 120,545 tCO₂e (3.54%)
Lotte Fine Chemical's Scope 3 Emissions by Categories
Insights into Lotte Fine Chemical’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Lotte Fine Chemical reported Scope 1 greenhouse gas (GHG) emissions of 121,369.547 tCO₂e and total revenues of USD 1,138 millions. This translates into an emissions intensity of 106.61 tCO₂e per millions USD. a
Lotte Fine Chemical's Scope 1 Emissions Intensity Compared to Peers
How does Lotte Fine Chemical's GHG emissions intensity compare to its peers?
In 2024, Lotte Fine Chemical reported a Scope 1 emissions intensity of 106.61 tCO₂e per millions USD. Compared to the peer group median of 316.57 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does Lotte Fine Chemical rank on GHG emissions intensity within its industry?
In 2024, Lotte Fine Chemical ranked 10 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Lotte Fine Chemical is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into Lotte Fine Chemical's Total Carbon Footprint
In 2024, Lotte Fine Chemical reported a total carbon footprint of 4,755,304.485 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 13.55% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Lotte Fine Chemical's total carbon footprint was Scope 3 emissions, accounting for 71.53% of the company's total carbon footprint, followed by Scope 2 emissions at 25.92%. a