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Lotte Corporation

Lotte Corporation is a Korean-based holding company with a diversified business portfolio. In Food and Retail it has activities across department stores, confectionery, beverages, ingredients, processed foods and dining businesses, while outside of food Lotte spans the chemical, construction, manufacturing, tourism, service and finance industries. Founded in the 1960's through subsidiary Lotte Confectionary, today Lotte has a global market presence, strengthened further by joint ventures such as Lotte-Nestle and Lotte-Asahi.

Ranking position
#185/350
Total score
16.2/100
Measurement area Score Rank (0-350)

Governance and strategy

#1 2.5 / 10 #191

Environment

#1 5.0 / 30 #191

Nutrition

#1 3.8 / 30 #131

Social inclusion

#1 4.9 / 30 #176
Segment Rank
Agricultural products and commodities #70
Food and beverage manufacturers/processors #127
Food retailers #38

Segment ranking summary

Lotte Corporation ranks 38th among food retailers, 70th in the agricultural products and commodities and 127th among food and beverage processors. The positions reflect the company’s performance in the benchmark, whereby it is currently lagging against its peers due to limited disclosure across the measurement areas. In nutrition, while the company performs well on food safety, it lags it peers when disclosing on efforts to promote the availability, accessibility and affordability of healthy foods. Similarly, Lotte Corporation’s disclosure on environmental topics is limited, with poor disclosure on issues such as animal welfare and sustainable sourcing practices, areas its peers have already started addressing. Nonetheless, the company’s sustainable development strategy reporting is comprehensive, highlighting that there is an opportunity for the company to translate its overall sustainability strategy into practice across the other measurement areas in order to improve its performance going forward.

Leading practices

Risks and opportunities

Core social indicators

The core social indicators are part of the social inclusion measurement area. These indicators assess societal expectations of business conduct that companies should meet if they aspire to be part of a system transformation that leaves no one behind.

More about the company

Headquarters
Seoul, South Korea
Food and agriculture revenue USD
2,158,788,600
Group revenue USD
6,167,967,400
Onwnership structure
Publicly listed
Number of employees
Not available
Website
https://www.lotte.co.kr

This company is part of the SDG2000, the 2.000 most influential companies

See company profile