-
Overall approach4/16
-
Overarching commitment on deforestation0/6
-
Signatory to an initiative tackling deforestation1/1
-
Awareness of the value of forests1/1
-
Deforestation as a business risk1/1
-
High-level management of deforestion1/1
-
Executive compensation linked to deforestation
-
Target to reduce emissions from land-use change0/3
-
Reporting on emissions from land-use change0/3
-
Disclosure of conservation activity
-
Disclosure of reforestation activity
-
-
Commodity score15/84
-
Beef5/84
-
Commitment Strength0/28
-
Commitment to protect priority forests0/17
-
Commitment detailsNo commitment0/10.7
-
Commitment applies to all regions, suppliers and operationNo0/3
-
Target dateNo target date0/2
-
Interim target dateNo0/1
-
-
Commitment to a traceable supply chain0/11
-
Commitment detailsNo traceability commitment0/5.3
-
Commitment applies to all regions, suppliers and operationNo0/3
-
Target dateNo target date0/2
-
Interim target dateNo0/1
-
-
-
Social Considerations5/18
-
Labour rights in the supply chainYes4/4
-
Inclusion of small-scale farmersNo0/4
-
Gender equality in the supply chainDiscrimination/Gender Rights/Harassment1/4
-
Commitment to remediationNo0/2
-
Commitment to ensure Free, Prior and Informed ConsentNo commitment0/4
-
-
Reporting and Implementation0/38
-
Reporting against commitments0/6
-
Commitment to protect priority forestsNo0/3
-
Commitment to a traceable supply chainNo0/3
-
-
Reporting is independently verified0/4
-
Commitment to protect priority forestsNo0/2
-
Commitment to a traceable supply chainNo0/2
-
-
Deforestation cut off dateNo0/2
-
Collaborative actionsNo0/2
-
Risk assessments for forest riskNo0/2
-
Operations assessed to comply with lawNo0/2
-
Accessible grievance mechanismNo0/4
-
Report volumes of commodityNo reporting0/4
-
Downstream: Publishing supplier listsNo disclosure0/4
-
Downstream: Monitor compliance in supply chainNo0/4
-
Downstream: Engagement with non-compliant suppliersNo engagement or exclusion0/2
-
Downstream: Disclosure of non-compliant suppliersNo disclosure0/2
-
-
-
Palm oil23/84
-
Commitment Strength16/28
-
Commitment to protect priority forests9/12
-
Commitment detailsZero-gross deforestation6/8
-
Commitment applies to all regions, suppliers and operationYes2/2
-
Target date2027-20300.2/1.3
-
Interim target dateYes0.7/0.7
-
-
Commitment to protect High Carbon Stock areas and/or peatlands8/8
-
Commitment detailsYes4/4
-
Commitment applies to all regions, suppliers and operationYes2/2
-
Target date20230.8/1.3
-
Interim target dateYes0.7/0.7
-
-
Commitment to a traceable supply chain0/8
-
Commitment detailsNo traceability commitment0/4
-
Commitment applies to all regions, suppliers and operationNo0/2
-
Target dateNo target date0/1.3
-
Interim target dateNo0/0.7
-
-
-
Social Considerations5/18
-
Labour rights in the supply chainYes4/4
-
Inclusion of small-scale farmersNo0/4
-
Gender equality in the supply chainDiscrimination/Gender Rights/Harassment1/4
-
Commitment to remediationNo0/2
-
Commitment to ensure Free, Prior and Informed ConsentNo commitment0/4
-
-
Reporting and Implementation2/38
-
Reporting against commitments0/6
-
Commitment to protect priority forestsNo0/2
-
Commitment to protect High Carbon Stock areas and/or peatlandsNo0/2
-
Commitment to a traceable supply chainNo0/2
-
-
Reporting is independently verified0/4
-
Commitment to protect priority forestsNo0/1.3
-
Commitment to protect High Carbon Stock areas and/or peatlandsNo0/1.3
-
Commitment to a traceable supply chainNo0/1.3
-
-
Deforestation cut off dateNo0/2
-
Collaborative actionsNo0/2
-
Risk assessments for forest riskNo0/2
-
Operations assessed to comply with lawNo0/2
-
Accessible grievance mechanismNo0/4
-
Report volumes of commodityReporting non-certified/non-compliant volume2/4
-
Downstream: Publishing supplier listsNo disclosure0/4
-
Downstream: Monitor compliance in supply chainNo0/4
-
Downstream: Engagement with non-compliant suppliersNo engagement or exclusion0/2
-
Downstream: Disclosure of non-compliant suppliersNo disclosure0/2
-
-
-
Pulp & Paper27/84
-
Commitment Strength16/28
-
Commitment to protect priority forests9/12
-
Commitment detailsZero-gross deforestation6/8
-
Commitment applies to all regions, suppliers and operationYes2/2
-
Target date2027-20300.2/1.3
-
Interim target dateYes0.7/0.7
-
-
Commitment to reduce use of virgin wood fibre7/8
-
Commitment detailsYes4/4
-
Commitment applies to all regions, suppliers and operationYes2/2
-
Target date2027-20300.2/1.3
-
Interim target dateYes0.7/0.7
-
-
Commitment to a traceable supply chain0/8
-
Commitment detailsNo traceability commitment0/4
-
Commitment applies to all regions, suppliers and operationNo0/2
-
Target dateNo target date0/1.3
-
Interim target dateNo0/0.7
-
-
-
Social Considerations5/18
-
Labour rights in the supply chainYes4/4
-
Inclusion of small-scale farmersNo0/4
-
Gender equality in the supply chainDiscrimination/Gender Rights/Harassment1/4
-
Commitment to remediationNo0/2
-
Commitment to ensure Free, Prior and Informed ConsentNo commitment0/4
-
-
Reporting and Implementation6/38
-
Reporting against commitments2/6
-
Commitment to protect priority forestsNo0/2
-
Commitment to reduce use of virgin wood fibreYes2/2
-
Commitment to a traceable supply chainNo0/2
-
-
Reporting is independently verified0/4
-
Commitment to protect priority forestsNo0/1.3
-
Commitment to reduce use of virgin wood fibreNo0/1.3
-
Commitment to a traceable supply chainNo0/1.3
-
-
Deforestation cut off dateNo0/2
-
Collaborative actionsNo0/2
-
Risk assessments for forest riskNo0/2
-
Operations assessed to comply with lawNo0/2
-
Accessible grievance mechanismNo0/4
-
Report volumes of commodityReporting non-certified/non-compliant volume; Reporting certified/compliant volume4/4
-
Downstream: Publishing supplier listsNo disclosure0/4
-
Downstream: Monitor compliance in supply chainNo0/4
-
Downstream: Engagement with non-compliant suppliersNo engagement or exclusion0/2
-
Downstream: Disclosure of non-compliant suppliersNo disclosure0/2
-
-
-
Soy5/84
-
Commitment Strength0/28
-
Commitment to protect priority forests0/17
-
Commitment detailsNo commitment0/10.7
-
Commitment applies to all regions, suppliers and operationNo0/3
-
Target dateNo target date0/2
-
Interim target dateNo0/1
-
-
Commitment to a traceable supply chain0/11
-
Commitment detailsNo traceability commitment0/5.3
-
Commitment applies to all regions, suppliers and operationNo0/3
-
Target dateNo target date0/2
-
Interim target dateNo0/1
-
-
-
Social Considerations5/18
-
Labour rights in the supply chainYes4/4
-
Inclusion of small-scale farmersNo0/4
-
Gender equality in the supply chainDiscrimination/Gender Rights/Harassment1/4
-
Commitment to remediationNo0/2
-
Commitment to ensure Free, Prior and Informed ConsentNo commitment0/4
-
-
Reporting and Implementation0/38
-
Reporting against commitments0/6
-
Commitment to protect priority forestsNo0/3
-
Commitment to a traceable supply chainNo0/3
-
-
Reporting is independently verified0/4
-
Commitment to protect priority forestsNo0/2
-
Commitment to a traceable supply chainNo0/2
-
-
Deforestation cut off dateNo0/2
-
Collaborative actionsNo0/2
-
Risk assessments for forest riskNo0/2
-
Operations assessed to comply with lawNo0/2
-
Accessible grievance mechanismNo0/4
-
Report volumes of commodityNo reporting0/4
-
Downstream: Publishing supplier listsNo disclosure0/4
-
Downstream: Monitor compliance in supply chainNo0/4
-
Downstream: Engagement with non-compliant suppliersNo engagement or exclusion0/2
-
Downstream: Disclosure of non-compliant suppliersNo disclosure0/2
-
-
-
-
Commitment strength8/28
-
Reporting and Implementation2/38
-
Social considerations5/18
Profile
Lotte is a multinational holding company with businesses spanning food manufacture, retail, tourism, petrochemicals, construction and real estate. Headquartered in South Korea, the company’s origins are in the food industry, where it operates both production facilities and supermarkets. As a leading food manufacturer and retailer Lotte is exposed to forest risk commodities including palm oil, soy and beef. Lotte Co. Ltd. is selected as a powerbroker for palm oil, soy, beef and paper packaging.
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Disclaimer
This assessment has been carried out following the methodology developed for the Forest 500 project, available here. Please see our disclaimer applicable to all information contained within this site and our terms and conditions for use of data presented on this site.
All assessments use policies published on company and financial institution websites, and while we endeavor to keep them updated some links may have changed or been removed since the time of assessment.
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