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 GHG Emissions Data Preview

In 2024, Lotte Shopping 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 Shopping 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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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0000000
Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Lotte Shopping’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 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 2022
b. Lotte Shopping's Sustainability Report 2022

Insights into Lotte Shopping's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Lotte Shopping amounted to 1,433,365.969 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 Shopping increased by 101.87%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Lotte Shopping's Scope 1 Emissions Over Time

20202021202220232024050 k100 k150 k200 ktCO2e+2%+4%-5%+101%
  • Total Scope 1
  • Year-over-Year Change

What are Lotte Shopping's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Lotte Shopping were 192,965.87 metric tons of CO₂ equivalent (tCO₂e). a

Has Lotte Shopping reduced its Scope 1 emissions over time?

Since 2020, Lotte Shopping's Scope 1 emissions have increased by 102.68%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Lotte Shopping's Scope 1 emissions increased by 100.92%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Lotte Shopping's Scope 2 emissions?

In 2024, Lotte Shopping reported Scope 2 greenhouse gas (GHG) emissions of 1,240,400.099 tCO₂e without specifying the calculation method. a

Has Lotte Shopping reduced its Scope 2 emissions over time?

Since 2020, Lotte Shopping's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have increased by 114.76%, reflecting a rising long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2023), Lotte Shopping's Scope 2 emissions (Unspecified Calculation Method) rose by 102.02% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Lotte Shopping use for Scope 2 reporting?

In 2024, Lotte Shopping reported its Scope 2 emissions using an unspecified methodology. a

Lotte Shopping's Scope 2 Emissions Over Time

202020212022202320240350 k700 k1.05 M1.4 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Lotte Shopping's Value Chain Emissions

In 2024, Lotte Shopping reported 30,020,667 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 Shopping 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 Shopping's Scope 3 Emissions Over Time

202120222023202409 M18 M27 M36 MtCO2e-5%-6%-2%
  • Total Scope 3
  • Year-over-Year Change

What are Lotte Shopping's Scope 3 emissions?

In 2024, Lotte Shopping reported total Scope 3 emissions of 30,020,667 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 89.52% of these emissions originated from upstream activities such as purchased goods and capital goods, while 10.48% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2023), Lotte Shopping's Scope 3 emissions remained relatively stable, indicating that Lotte Shopping 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Lotte Shopping disclose?

In 2024, Lotte Shopping 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 Shopping's Scope 3 emissions?

In 2024, the largest contributors to Lotte Shopping's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 19,633,442 tCO₂e (65.4%)
  • Upstream Transportation and Distribution (Cat. 4): 7,143,375 tCO₂e (23.79%)
  • Use of Sold Products (Cat. 11): 2,719,849 tCO₂e (9.06%)

Lotte Shopping's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(9.1%)Purchased Goods andServices (Cat. 1)(65.4%)UpstreamTransportation andDistribution(Cat. 4)(23.8%)

Insights into Lotte Shopping’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Lotte Shopping reported Scope 1 greenhouse gas (GHG) emissions of 192,965.87 tCO₂e and total revenues of USD 9,532 millions. This translates into an emissions intensity of 20.24 tCO₂e per millions USD. a

Lotte Shopping's Scope 1 Emissions Intensity Compared to Peers

1002,00020,000200,0002,000,000Scope 1 Emissions (tCO2e)1005002,00010,00050,000Revenues (Millions of USD)PLRyohin KeikakuYear: 2023Scope 1: 1,187 tCO2eRevenue: $M 3,979Scope 1 Intensity: 0.30 tCO2e/$MGPAYear: 2023Scope 1: 252,837 tCO2eRevenue: $M 3,969Scope 1 Intensity: 63.70 tCO2e/$MPepkor HoldingsYear: 2023Scope 1: 28,859 tCO2eRevenue: $M 4,173Scope 1 Intensity: 6.92 tCO2e/$MPPPick N Pay StoresYear: 2023Scope 1: 381,435 tCO2eRevenue: $M 5,807Scope 1 Intensity: 65.68 tCO2e/$MJ.Front RetailingYear: 2024Scope 1: 14,430 tCO2eRevenue: $M 2,702Scope 1 Intensity: 5.34 tCO2e/$MMatahari Department StoreYear: 2024Scope 1: 433 tCO2eRevenue: $M 398Scope 1 Intensity: 1.09 tCO2e/$MShoprite HoldingsYear: 2024Scope 1: 748,589 tCO2eRevenue: $M 12,756Scope 1 Intensity: 58.68 tCO2e/$MShinsegaeYear: 2023Scope 1: 15,158 tCO2eRevenue: $M 4,975Scope 1 Intensity: 3.05 tCO2e/$MTokyuYear: 2023Scope 1: 121,875 tCO2eRevenue: $M 6,992Scope 1 Intensity: 17.43 tCO2e/$M99 Speed Mart Retail HoldingsYear: 2024Scope 1: 13,443 tCO2eRevenue: $M 2,232Scope 1 Intensity: 6.02 tCO2e/$MOrganizacion SorianaYear: 2023Scope 1: 631,395 tCO2eRevenue: $M 10,382Scope 1 Intensity: 60.82 tCO2e/$MIsetan Mitsukoshi HoldingsYear: 2025Scope 1: 26,479 tCO2eRevenue: $M 3,704Scope 1 Intensity: 7.15 tCO2e/$MHyundai Department StoreYear: 2023Scope 1: 22,859 tCO2eRevenue: $M 3,293Scope 1 Intensity: 6.94 tCO2e/$MWoolworths HoldingsYear: 2024Scope 1: 57,227 tCO2eRevenue: $M 4,207Scope 1 Intensity: 13.60 tCO2e/$MTakashimayaYear: 2022Scope 1: 19,910 tCO2eRevenue: $M 6,585Scope 1 Intensity: 3.02 tCO2e/$MKohlsYear: 2023Scope 1: 28,225 tCO2eRevenue: $M 17,476Scope 1 Intensity: 1.62 tCO2e/$MMarks and Spencer GroupYear: 2025Scope 1: 210,164 tCO2eRevenue: $M 17,877Scope 1 Intensity: 11.76 tCO2e/$MMacy'sYear: 2022Scope 1: 40,901 tCO2eRevenue: $M 25,448Scope 1 Intensity: 1.61 tCO2e/$MGS RetailYear: 2024Scope 1: 2,209 tCO2eRevenue: $M 7,923Scope 1 Intensity: 0.28 tCO2e/$MYuyuan Tourist MartYear: 2023Scope 1: 15,842 tCO2eRevenue: $M 8,181Scope 1 Intensity: 1.94 tCO2e/$MFalabellaYear: 2023Scope 1: 145,950 tCO2eRevenue: $M 12,739Scope 1 Intensity: 11.46 tCO2e/$MLLLotte ShoppingYear: 2024Scope 1: 192,966 tCO2eRevenue: $M 9,532Scope 1 Intensity: 20.24 tCO2e/$M

How does Lotte Shopping's GHG emissions intensity compare to its peers?

In 2024, Lotte Shopping reported a Scope 1 emissions intensity of 20.24 tCO₂e per millions USD. Compared to the peer group median of 6.92 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Lotte Shopping rank on GHG emissions intensity within its industry?

In 2024, Lotte Shopping ranked 18 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Lotte Shopping among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Lotte Shopping's Total Carbon Footprint

In 2024, Lotte Shopping reported a total carbon footprint of 31,454,032.969 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.22% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Lotte Shopping's total carbon footprint was Scope 3 emissions, accounting for 95.44% of the company's total carbon footprint, followed by Scope 2 emissions at 3.94%. a

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