- Supply chain disruptions
- Water scarcity
- Flooding
- ESG washing concerns
- Increasingly strict global regulations on compliance management and ESG management
LOTTE Chemical Corporation
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, LOTTE Chemical Corporation disclosed greenhouse gas emissions of 6.21 million tCO2e/year. By scope: Scope 1: 4.2M tCO2e/year; Scope 2: 2.0M tCO2e/year; Scope 3: 18.0M tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
6.21 million tCO2e/year
2022
Renewable Energy
0.01% or less
of total energy
Water Usage
12.9K thousand tons/year
2022
Waste
17.2K tons/year
2022
📊 Emissions by Scope (2022)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 4.2M tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 2.0M tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 18.0M tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced GHG emissions by 5% from the previous year, emitting 6.21 million tons
- Obtained ISCC Plus certification for seven synthetic resin products
- Reduced wastewater discharge to 12,880 thousand tons/year
- Reduced air pollutant emissions to 7,579 tons/year
- Reduced water pollutant emissions to 1,209 tons/year
- Reduced waste (incineration/landfill) discharge to 17,170 tons/year
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce wastewater discharge
- Reduce hazardous substance emissions
- Increase introduction of renewable energy (5% by 2023)
📅 Medium-term
- Achieve 60% renewable energy by 2030
- Sell more than 1 million tons of recycled plastic by 2030
- Reduce carbon emissions by 25% from 2019 peak by 2030
🔭 Long-term
- Achieve net-zero emissions by 2050
- 100% renewable energy by 2050
🌱 ESG Focus Areas
Response to climate changeCreation of a Green EcosystemResource circulationSafety and healthEthical management