Lotte Chemical Publishes the 2024 토토 넷 Report

[Cover Page of the 2024 Lotte Chemical 토토 넷 Report]

■ Newly includes a pilot report on IFRS S2 "Climate-related Disclosures" and biodiversity impact assessment.
■ Updated "Green Promise 2030" strategy to establish and manage 토토 넷 strategies across the entire Lotte Chemical Group – expanding 토토 넷 management including carbon neutrality and RE100 implementation.
■ Lee Young-jun, CEO of 토토 넷 Chemical, stated, “We will strive to achieve sustainable growth for both the company and society by strengthening a company-wide low-carbon business portfolio and systematically implementing the Green Promise 2030 strategy.”

Lotte Chemical has published its 2024 토토 넷 Report, which outlines key activities and achievements in the areas of environment, social responsibility, and governance. This year’s report includes, for the first time, details on the Company’s climate change response and biodiversity impact assessment.

Lotte Chemical also included a pilot report reflecting IFRS (International Financial Reporting Standards) S2 Climate-related Disclosures, which is the global disclosure standard established by the International Sustainability Standards Board (ISSB) to strengthen its climate change response, and to become mandatory in Korea.

The pilot report was prepared using a separate set of criteria with voluntary disclosure in mind. It introduces climate-related risks and opportunities relevant to the Company’s business, and outlines how these factors may impact the Company financially. Lotte Chemical plans to implement a phased approach to information collection and disclosure in order to proactively respond to future mandatory sustainability reporting requirements.

Additionally, to address biodiversity issues, the report features new contents evaluating and managing the Company’s dependence and impact on natural capital at its domestic sites. Assessments were conducted across eight operating regions in Korea using the LEAP approach* recommended by the Taskforce on Nature-related Financial Disclosures (TNFD). This includes analyzing key natural capital topics, related risks, and opportunities.
* LOCATE sensitive areas, EVALUATE dependencies and impacts, ASSESS risks and opportunities, PREPARE and Manage response strategies

Lotte Chemical has updated its “Green Promise 2030” 토토 넷 strategy, originally announced in 2022, to establish and manage an integrated 토토 넷 strategy that includes the broader Lotte Chemical Group. The updated strategy expands 토토 넷 management initiatives—such as carbon neutrality, RE100 implementation, and product sustainability enhancement—to its affiliated companies.

In addition, to strengthen integrated 토토 넷 governance, Lotte Chemical established the Carbon Task Force Council in March 2025 to support its carbon neutrality goals. A working-level task force is operated under this council to promote interdepartmental collaboration and facilitate knowledge exchange while assisting higher-level committees to evolve into a platform for open internal innovation.

In his message for the report, Lee Young-jun, CEO of 토토 넷 Chemical, stated: “We will strive to achieve sustainable growth for both the company and society by strengthening a company-wide low-carbon business portfolio and systematically implementing the Green Promise 2030 strategy.”