Lotte Confectionery
OVERALL |
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Owned |
JPN |
Rating |
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Confectionery maker
Korea's #1 confectioner. They bought Belgian chocolate makers Guylian in 2008.
Company Ownership
Lotte Confectionery Co Ltd | KOR | website | ||||
Lotte Co Ltd ![]() owns 100% of Lotte Confectionery Co Ltd |
JPN | website | ||||
Conglomerate Interests include confectionery, retail, sports, restaurants, soft drinks and ice cream manufacturing, leisure and entertainment venues, magazine publishing, and real estate. |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
Lotte Confectionery Co Ltd | ||||
No assessment data currently available for Lotte Confectionery Co Ltd | ||||
Lotte Co Ltd | ||||
The Forest 500 identifies, ranks, and tracks the governments, companies and financial institutions worldwide that together could virtually eradicate tropical deforestation. Rankings are based on their public policies and commitments and potential impacts on tropical forests in the context of forest risk commodities (palm oil, soy, beef, leather, timber and paper). This company received a score of 7%.
Source: Forest 500 (2019)
Ethical Consumer has ranked companies' practices and policies in relation to their palm oil sourcing for the Rainforest Foundation/Ethical Consumer palm oil campaign. This company received a 'red' rating.
Source: Rainforest Foundation UK (2016)
In 2016 Rank a Brand assessed 37 major cotton-using companies on their commitment and performance with regard to sustainable cotton by looking at each company's cotton sourcing policies, use of sustainable cotton, and traceability. This company scored 0/19.5, making it one of the worst performing companies.
Source: Rank a Brand (2016)
This company appeared eighth on RepRisk's top ten "Most Controversial Companies of 2016". Companies on the list were severely criticised during 2016 by the world's media, governments and NGOs. Criticisms of Lotte include corruption, bribery, extortion and money laundering; fraud; tax evasion; and anti-competitive practices.
Source: RepRisk (2016)
This company received an S&P Global ESG Score of 1/100 in the Industrial Conglomerates category of the 2019 SAM Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices. The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Source: S&P Global (2019) |
This company's Lotte Shopping subsidiary received a score of 0/100 in the Newsweek Green Ranking 2017, which ranks the world's largest publicly traded companies on eight indicators covering energy, greenhouse gases, water, waste, fines and penalties, linking executive pay to sustainability targets, board-level committee oversight of environmental issues and third-party audits. Ranking methodology by Corporate Knights and HIP Investor.
Source: Newsweek (2017)
This company is a member of the World Cocoa Foundation (WCF), an international membership organization representing more than 100 member companies across the cocoa value chain. WCF is committed to creating a sustainable cocoa economy through economic & social development and environmental stewardship in cocoa-growing communities.
Source: World Cocoa Foundation (2019) |
Company Details
Subsidiaries | Chocolaterie Guylian NV ![]() Chocolate makers Bought by Japanese owned Lotte Group in 2008. |
Contact Details
Address | Republic of Korea |
Website | eng.lotteconf.co.kr |
Products / Brands
Guylian
Guylian Chocolate |