Lotte Corp

Common Name
Lotte
Country
South Korea
Sector
Consumer Defensive
Industry
Confectioners
Employees
302
Ticker
004990
Exchange
KOREA EXCHANGE
Description
Lotte Corporation is a prominent South Korean multinational conglomerate primarily engaged in the food processing and distribution industry. Founded in 1967, Lotte has grown to become one of the large...

Lotte's Climate Target Data Preview

As of 2023, Lotte has disclosed 5 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 5 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 ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Lotte's Greenhouse Gas Emissions Pathways

As of 2023, Lotte has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

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

As of 2023, Lotte has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Lotte's most ambitious operational target is to reduce these emissions by 61% by 2040, compared to a baseline of 9,200,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018.

As of 2023, Lotte is lagging behind on its operational emissions reduction target, having achieved 5.72% of the planned reduction.

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

201820232030204002.5 M5 M7.5 M10 MCurrent (-3%)Target 2030 (-22%)Target 2040 (-61%)
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