Lotte Shopping ESG Report Wins in Two Categories at LACP Vision Awards
Gold Award in the Report Section: Subject and Sustainability Report Category
Lotte Shopping announced on the 3rd that its '2022 Sustainability Management Report,' published last June, won an award at the '2022 Vision Awards' hosted by the League of American Communications Professionals (LACP).
Lotte Shopping's 2022 Sustainability Management Report received the Grand Prize (Platinum) in the ESG (Environmental, Social, and Governance) Report category and the Gold Award in the Sustainability Report category at the LACP 2022 Vision Awards. Lotte Shopping also won the Gold Award in the Sustainability Report category last year. LACP is a globally recognized PR and marketing research organization based in the United States. The Vision Awards, held annually by LACP, evaluate annual reports, sustainability management reports, CSR reports, and more published by government agencies, companies, and organizations worldwide. This year’s competition saw participation from over 1,000 companies and organizations across more than 20 countries.
Lotte Shopping 2022 Sustainability Management Report Cover Image
Photo by Lotte Shopping
In the ESG Report category, Lotte Shopping received perfect scores in 7 out of 8 evaluation criteria, including cover design, stakeholder messaging, narrative ability, financial information, and clarity, earning 99 points out of 100 and the Grand Prize (Platinum). In the Sustainability Report category, it achieved perfect scores in 6 criteria and won the Gold Award with 98 points. The high evaluation is attributed to the clear explanation of Lotte Shopping’s ESG management goals by business division, extensive activities, and both financial and non-financial performance.
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Since last year, Lotte Shopping has been publishing sustainability management reports containing ESG activities to communicate with customers, shareholders, and other stakeholders. This year’s report includes major ESG initiatives and achievements implemented in 2022 by Lotte Department Store, Lotte Mart, Lotte Super, and Lotte e-Commerce, such as the introduction of eco-friendly energy, the establishment of a 2040 carbon neutrality roadmap, resource circulation projects, and the RE:EARTH campaign.
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