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Lotte

OVERALL

Owned
JPN
Rating
Criticisms

Conglomerate

Interests include confectionery, retail, sports, restaurants, soft drinks and ice cream manufacturing, leisure and entertainment venues, magazine publishing, and real estate.

Lotte Co Ltd   JPN     website         

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
Lotte Co Ltd
Environment 17% in Forest 500 Rankings
Forest 500 identifies the 350 companies and 150 financial institutions with the greatest exposure to tropical deforestation risk, and annually assesses them on the strength and implementation of their deforestation and human rights commitments. This company received a score of 17%.
Source: Forest 500 (2021)
Business Ethics Most controversial companies of 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)
Environment Investing in single-use plastic waste
This company is the world's 30th largest equity owner of companies producing single-use plastic waste, according to Minderoo Foundation's 2021 Plastic Waste Makers Index. Institutional asset managers and global banks are providing billions of dollars to companies that produce polymers from fossil fuels, as much as 100 times more than they provide to companies trying to shift to a circular economy. Plastic pollution is one of the biggest, most urgent threats facing our planet and our health.
Source: Minderoo Foundation (2021)
Business Ethics 22/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 22/100 in the Industrial Conglomerates category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 23 Sep 2022). 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 (2022)
Business Ethics 16.2% in Food and Agriculture Benchmark
The 2021 Food and Agriculture Benchmark assessed 350 keystone companies across the entirety of the food system, from farm to fork. It covers three dimensions where transformation is needed: nutrition, environment and social inclusion. This company ranked #186/350, with a total score of 16.2/100.
Source: World Benchmarking Alliance (2021)
Business Ethics 0.0% in Newsweek Green Ranking 2017
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)
Business Ethics World Cocoa Foundation member
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)

> About the Icons

Company Details

Subsidiaries Lotte Confectionery Co Ltd 

Confectionery maker

Korea's #1 confectioner. They bought Belgian chocolate makers Guylian in 2008.


  - Chocolaterie Guylian NV 

Chocolate makers

Bought by Japanese owned Lotte Group in 2008.

Contact Details

Address Tokyo, Japan
Website www.lotte.co.jp/english

Products / Brands

Guylian
Guylian Chocolate


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