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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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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
In 2024, the total Scope 1 emissions of Lotte Shopping were 192,965.87 metric tons of CO₂ equivalent (tCO₂e). a
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
In 2024, Lotte Shopping reported Scope 2 greenhouse gas (GHG) emissions of 1,240,400.099 tCO₂e without specifying the calculation method. a
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
In 2024, Lotte Shopping reported its Scope 2 emissions using an unspecified methodology. a
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
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
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.
In 2024, the largest contributors to Lotte Shopping's Scope 3 emissions were: a
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
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
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
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