Lotte Chemical Corp 2021 SR

The report highlights LOTTE CHEMICAL's "Green Promise 2030" strategy, which targets carbon-neutral growth and a 25% reduction in emissions by 2030 compared to 2019 levels. Key achievements in 2021 include the establishment of an ESG Committee, the successful pilot of carbon capture and utilization (CCU) technology, and the launch of "Project LOOP" to promote plastic circularity. The company also detailed strategic roadmaps for hydrogen and battery materials, aiming for 5 trillion KRW in revenue for each by 2030. Furthermore, it committed to achieving Net-Zero emissions by 2050 and joining the RE100 initiative, while reporting significant progress in eco-friendly product development such as Bio-PET and PCR-PE packaging.

Company: Lotte Chemical Corp

Sector: Materials

Country: South Korea

Year: 2021

Type: SR

Pages: 100

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Lotte Chemical Corp

Lotte Chemical Corp 2021 Sustainability Report

Sustainability Report

The report highlights LOTTE CHEMICAL's "Green Promise 2030" strategy, which targets carbon-neutral growth and a 25% reduction in emissions by 2030 compared to 2019 levels. Key achievements in 2021 include the establishment of an ESG Committee, the successful pilot of carbon capture and utilization (CCU) technology, and the launch of "Project LOOP" to promote plastic circularity. The company also detailed strategic roadmaps for hydrogen and battery materials, aiming for 5 trillion KRW in revenue for each by 2030. Furthermore, it committed to achieving Net-Zero emissions by 2050 and joining the RE100 initiative, while reporting significant progress in eco-friendly product development such as Bio-PET and PCR-PE packaging.

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Document Details

Report Year

2021

Reporting Period

Jan 1, 2021 - Dec 31, 2021

Fiscal Year

2021

Published

Jun 1, 2022

Type

Sustainability Report

Language

English, Korean

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

Sustainable Development Goals

Other Standards

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Energy Consumption

Renewable Energy

Women in Management

Net Zero Target

Employees