LOTTE Corporation

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2021, 2020, 2019

In its 2023 reporting, LOTTE Corporation disclosed greenhouse gas emissions of 8.9K thousand tons (Scope 1 and 2). By scope: Scope 1: 4.4K thousand tons; Scope 2: 4.4K thousand tons. 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
8.9K thousand tons (Scope 1 and 2)
2023
💧
Water Usage
9.9K tons/year
2023
♻️
Waste
42.24 tons/year
2023
⚙️
Energy Use
23.4K MWh/year (from solar power)
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).4.4K thousand tons
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.4.4K thousand tons

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
20238.9K thousand tons (Scope 1 and 2)
202172.4K tCO2e/year (Scope 2)
20205.6M tCO2e/year
2019669.7K tCO2e/year

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce carbon emissions from business sites in Korea by 22% by 2030.

📅 Medium-term

  • Reduce carbon emissions from business sites in Korea by 61% by 2040.
  • Achieve carbon neutrality for Food & Beverage and Retail HQs and HOTEL LOTTE by 2040.

🔭 Long-term

  • Achieve carbon neutrality for all business sites by 2050.

🌱 ESG Focus Areas

Diversity, Equity, and Inclusion (DEI)Climate Change (Net-Zero)InnovationShared GrowthGovernance

⚠️ Challenges & Risks +

  • Abnormal weather events, water shortages, and biodiversity loss due to climate change.
  • Increased use of disposable products, leading to environmental pollution.
  • Securing diverse talents in a rapidly changing business environment.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards (2021), TCFD
Assurance: Korean Foundation for Quality (KFQ)