Lotte Engineering & Construction Co., Ltd.
Lotte Engineering & Construction Co., Ltd., commonly referred to as Lotte E&C, is a prominent player in the construction and engineering industry, headquartered in South Korea (KR). Established in 1970, the company has made significant strides in various sectors, including civil engineering, architecture, and plant construction, with a strong presence in Asia and beyond. Lotte E&C is renowned for its innovative approach to large-scale infrastructure projects, residential developments, and commercial buildings. The company’s commitment to quality and sustainability sets it apart in a competitive market. With numerous accolades and a solid reputation for delivering complex projects on time, Lotte E&C continues to solidify its position as a leader in the construction sector, contributing to the development of modern urban landscapes.
DitchCarbon Score
How does Lotte Engineering & Construction Co., Ltd.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Construction Work industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Lotte Engineering & Construction Co., Ltd.'s score of 33 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lotte Engineering & Construction Co., Ltd.'s reported carbon emissions
In 2022, Lotte Engineering & Construction Co., Ltd. reported total carbon emissions of approximately 47,056,000 kg CO2e. This figure includes 9,029,000 kg CO2e from Scope 1 emissions and 38,027,000 kg CO2e from Scope 2 emissions. The company has set ambitious climate commitments, aiming for carbon neutrality by 2040, with a target to reduce Scope 1 emissions by 100% compared to the baseline year of 2018. Additionally, Lotte Engineering & Construction plans to achieve a reduction of over 35% in Scope 2 emissions by 2030, relative to 2018 levels. In 2021, the company reported total emissions of about 42,560,000 kg CO2e, with Scope 1 emissions at 6,577,000 kg CO2e and Scope 2 emissions at 35,983,000 kg CO2e. This indicates a significant increase in emissions from 2021 to 2022. In 2020, total emissions were approximately 41,151,000 kg CO2e, with Scope 1 at 9,791,000 kg CO2e and Scope 2 at 31,360,000 kg CO2e. Lotte Engineering & Construction's climate strategy reflects a commitment to reducing its carbon footprint and aligning with global climate goals. The company has not disclosed any Scope 3 emissions data, focusing primarily on its direct and indirect emissions from operations.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 14,900,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Lotte Engineering & Construction Co., Ltd. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
