Lotte Shopping Co Ltd

Common Name
Lotte Shopping
Country
South Korea
Sector
Consumer Cyclical
Industry
Department Stores
Employees
N/A
Ticker
023530
Exchange
KOREA EXCHANGE
Description
Lotte Shopping Co., Ltd. is a leading retail company based in South Korea. It serves as a pivotal player in the country's retail sector, owning and operating an extensive network of department stores,...

Lotte Shopping's Climate Target Data Preview

As of 2024, Lotte Shopping has disclosed 11 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 11 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 Shopping ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 3 - Total Upstream (Cat. 1+2+3+4+5+6+7+8), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12), Scope 3 - Franchises (Cat. 14), Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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b, a
2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2026
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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b, a
2027
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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b, a
2028
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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b, a
2029
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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c, a
2030
Absolute-based Target
Scope 3 - Total Upstream (Cat. 1+2+3+4+5+6+7+8), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12), Scope 3 - Franchises (Cat. 14), Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2031
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2031
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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b, a
2035
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Verified Sources Behind Lotte Shopping’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 Shopping’s data sources below and access millions more through our Disclosure Search.

a. Lotte Shopping's Sustainability Report 2024
a. Lotte Shopping's Sustainability Report 2024
b. Lotte Shopping's Sustainability Report 2023
b. Lotte Shopping's Sustainability Report 2023
c. Lotte Shopping's Sustainability Report 2022
c. Lotte Shopping's Sustainability Report 2022

Insights into Lotte Shopping's Greenhouse Gas Emissions Pathways

As of 2024, Lotte Shopping has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a b c

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

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

Lotte Shopping's most ambitious operational target is to reduce these emissions by 46.2% by 2031, compared to a baseline of 680,255 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021. a b c

Instead of reducing operational emissions, Lotte Shopping has increased them, with 2024 levels exceeding those of the 2021 baseline, placing the company well behind its reduction target. a b c

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

20212024202520310200 k400 k600 k800 kCurrent (+5%)Target 2025 (-18%)Target 2031 (-46%)

Does Lotte Shopping have a target to reduce the emissions from its value chain?

As of 2024, Lotte Shopping has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 6 out of the 15 Scope 3 categories defined by the GHG Protocol. a

Lotte Shopping's most ambitious value chain target is to reduce these emissions by 46.2% by 2031, compared to a baseline of 34,524,225 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021. a

As of 2024, Lotte Shopping is on track to meet its value chain emissions reduction target, having achieved 28.23% of the planned reduction. a

Lotte Shopping's Value Chain (Scope 3) Emissions Pathway

202120242025203109 M18 M27 M36 MBaselineCurrent (-13%)Target 2031 (-46%)
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