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- Sustainability
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- GREEN PROMISE 2030
LOTTE Chemical ESG Strategy
Three Elements of
GREEN PROMISE 2030
GREEN PROMISE 2030
Implementation System
- 1) Based on domestic Scope 1&2 emissions
- 2) Chemical: ▲20% vs 2018 emissions, Fine Chemical/Battery Materials: ▲14.5% vs. 2018 emissions
- 3) Implement Life Cycle Assessment (LCA) framework for all products, transition/reduction of hazardous chemicals in products, etc.
- 4) Reflecting LOTTTE Chemical and LOTTE Fine Chemical
- 5) Reduction of environmentally hazardous substances by 2030 (▲50% vs. 2019), recycle water 100% in 2050
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6) Advance internal management system including carbon and energy management and safety management, implement ESG integrated information management and open system,
and and apply new IT technologies (artificial technology) to process innovations - 7) Based on 2022~2030 cumulative investments, including LEM acquisition cost and excluding Infracell (based on consolidated statements)
LOTTE Chemical ESG Governance Structure
20 Key Strategic Initiatives to Achieve GREEN PROMISE 2030
Implementation of Sustainable Development Goals (SDGs)
Lotte Chemical is actively implementing the management strategy that conforms to the UN SDGs to fulfill its responsibility as a global corporate citizen.
What are Implementation of Sustainable Development Goals (SDGs)?
The UN General Meeting in September 2015 adopted the SDGs as the greatest common goal for the international communities to achieve together between 2016 and 2030 to construct a sustainable society worldwide.
The SDGs define 17 goals including countermeasures to poverty and climate change, resolution of inequality, and economic growth, with 169 detailed goals.
It is a detailed goal system that urges governments, businesses, and civil society to take global actions to end poverty on Earth and to create opportunities for the dignified lives of all.