Lotte Corp

Common Name
Lotte
Country
South Korea
Sector
Consumer Defensive
Industry
Confectioners
Employees
262
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 GHG Emissions Data Preview

In 2023, Lotte 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) and Scope 2 (indirect emissions from purchased energy).

However, Lotte has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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a
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0000000
Total Scope 2
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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0000000
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Verified Sources Behind Lotte’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’s data sources below and access millions more through our Disclosure Search.

a. Lotte's Sustainability Report 2023
a. Lotte's Sustainability Report 2023
b. Lotte's Sustainability Report 2022
b. Lotte's Sustainability Report 2022

Insights into Lotte's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Lotte amounted to 974.63 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 2022, the total operational greenhouse gas (GHG) emissions of Lotte increased by 25.7%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Lotte's Scope 1 Emissions Over Time

2020202120222023080160240320tCO2e-11%+60%0%
  • Total Scope 1
  • Year-over-Year Change

What are Lotte's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Lotte were 318.03 metric tons of CO₂ equivalent (tCO₂e). a

Has Lotte reduced its Scope 1 emissions over time?

Since 2020, Lotte's Scope 1 emissions have increased by 41.82%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Lotte's Scope 1 emissions remained relatively stable, indicating that Lotte's emissions have plateaued with no significant change in its operational footprint. a

What are Lotte's Scope 2 emissions?

In 2023, Lotte reported Scope 2 greenhouse gas (GHG) emissions of 656.6 tCO₂e using the location-based method. a

Has Lotte reduced its Scope 2 emissions over time?

Since 2020, Lotte's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have increased by 574.96%, reflecting a rising long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2022), Lotte's Scope 2 emissions (Location-Based) rose by 43.37% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Lotte use for Scope 2 reporting?

In 2023, Lotte reported its Scope 2 emissions using the location-based method. a

Lotte's Scope 2 Emissions Over Time

20202021202220230200400600800tCO2e
  • Total Scope 2 Location-Based

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

In 2023, Lotte reported Scope 1 greenhouse gas (GHG) emissions of 318.03 tCO₂e and total revenues of USD 11,867 millions. This translates into an emissions intensity of 0.03 tCO₂e per millions USD. a

Lotte's Scope 1 Emissions Intensity Compared to Peers

1002,00020,000500,00010,000,000Scope 1 Emissions (tCO2e)1005002,00020,000100,000Revenues (Millions of USD)OLG H&HYear: 2024Scope 1: 66,018 tCO2eRevenue: $M 4,642Scope 1 Intensity: 14.22 tCO2e/$ME-MartYear: 2024Scope 1: 24,442 tCO2eRevenue: $M 19,777Scope 1 Intensity: 1.24 tCO2e/$MLotte Chilsung BeverageYear: 2024Scope 1: 50,129 tCO2eRevenue: $M 2,743Scope 1 Intensity: 18.28 tCO2e/$MHiteJinroYear: 2023Scope 1: 57,089 tCO2eRevenue: $M 1,972Scope 1 Intensity: 28.95 tCO2e/$MBalrampur Chini MillsYear: 2023Scope 1: 1,486 tCO2eRevenue: $M 568Scope 1 Intensity: 2.61 tCO2e/$MMorinaga & CoYear: 2024Scope 1: 25,345 tCO2eRevenue: $M 1,409Scope 1 Intensity: 17.99 tCO2e/$MBGF RetailYear: 2023Scope 1: 2,118 tCO2eRevenue: $M 6,412Scope 1 Intensity: 0.33 tCO2e/$MNongshimYear: 2024Scope 1: 91,981 tCO2eRevenue: $M 2,343Scope 1 Intensity: 39.25 tCO2e/$MGuan ChongYear: 2023Scope 1: 23,358 tCO2eRevenue: $M 1,158Scope 1 Intensity: 20.17 tCO2e/$MKT&GYear: 2023Scope 1: 72,087 tCO2eRevenue: $M 4,588Scope 1 Intensity: 15.71 tCO2e/$MNewell BrandsYear: 2024Scope 1: 212,438 tCO2eRevenue: $M 7,582Scope 1 Intensity: 28.02 tCO2e/$MOOOtokiYear: 2023Scope 1: 78,301 tCO2eRevenue: $M 2,703Scope 1 Intensity: 28.96 tCO2e/$MSamyang FoodsYear: 2024Scope 1: 50,853 tCO2eRevenue: $M 1,178Scope 1 Intensity: 43.18 tCO2e/$MJalles MachadoYear: 2022Scope 1: 158,087 tCO2eRevenue: $M 304Scope 1 Intensity: 520.35 tCO2e/$MCloettaYear: 2024Scope 1: 19,304 tCO2eRevenue: $M 782Scope 1 Intensity: 24.70 tCO2e/$MMinervaYear: 2023Scope 1: 337,935 tCO2eRevenue: $M 5,544Scope 1 Intensity: 60.95 tCO2e/$MMetcashYear: 2023Scope 1: 13,225 tCO2eRevenue: $M 10,450Scope 1 Intensity: 1.27 tCO2e/$MCJ CheilJedangYear: 2023Scope 1: 2,196,000 tCO2eRevenue: $M 22,713Scope 1 Intensity: 96.69 tCO2e/$MLindt & SprüngliYear: 2024Scope 1: 71,260 tCO2eRevenue: $M 6,039Scope 1 Intensity: 11.80 tCO2e/$MH2O RetailingYear: 2024Scope 1: 54,000 tCO2eRevenue: $M 4,341Scope 1 Intensity: 12.44 tCO2e/$MSaudia Dairy & FoodstuffYear: 2024Scope 1: 53,173 tCO2eRevenue: $M 3,998Scope 1 Intensity: 13.30 tCO2e/$MMondelez InternationalYear: 2024Scope 1: 875,000 tCO2eRevenue: $M 36,441Scope 1 Intensity: 24.01 tCO2e/$MBarry CallebautYear: 2024Scope 1: 125,314 tCO2eRevenue: $M 12,218Scope 1 Intensity: 10.26 tCO2e/$MHilton Food GroupYear: 2024Scope 1: 13,495 tCO2eRevenue: $M 5,005Scope 1 Intensity: 2.70 tCO2e/$MHersheyYear: 2024Scope 1: 190,984 tCO2eRevenue: $M 11,202Scope 1 Intensity: 17.05 tCO2e/$MLotteYear: 2023Scope 1: 318 tCO2eRevenue: $M 11,867Scope 1 Intensity: 0.03 tCO2e/$M

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

In 2023, Lotte reported a Scope 1 emissions intensity of 0.03 tCO₂e per millions USD. Compared to the peer group median of 17.99 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

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

In 2023, Lotte ranked 1 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Lotte among the top performers, with one of the lowest emissions intensities relative to peers. a

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