Planet Positive Initiatives
Lotte Duty Free promotes its eco-friendly credentials
Lotte Duty Free has taken on a leadership role around ESG in Korean travel retail with its environmentally-friendly initiatives.
Recent examples include the installation of solar power generation facilities at its integrated logistics centre on Yeongjong Island, Incheon. The move has reduced carbon emissions by about 875 tonnes per year.
The retailer has also introduced electric vehicles there to transport duty free goods between distribution centres, downtown stores and airport stores. Electric vehicle charging stations were installed in February 2023, reducing greenhouse gases and fine dust.
The retailer has reinforced its sustainability drive by replacing plastics with sustainable materials for its packaging
Lotte Duty Free said it expects to reduce annual disposable plastic waste generated at its airport stores by more than -80%. This is being achieved with initiatives such as using environmentally-friendly bubble wrap and recycled tarpaulin bags for packaging duty free goods.
In recognition of its eco-friendly management practices, Lotte Duty Free has obtained Environmental Management System ISO 14001 certification from the International Organization for Standardization (ISO), a first for the South Korean duty free industry.
It bolstered these moves with further practices at its stores to coincide with World Environment Day (June 5).
To mark the occasion at its main Myeong-dong store in Seoul, top-tier Korean customers who purchased more than US$700 of products up to 30 June are being rewarded with free eco-friendly gifts. Also at the Myeong-dong store, the retailer replaced disposable plastic cups, lids and carriers for beverages provided at its VIP customer lounge, ‘Star Lounge’, with biodegradable alternatives. The initiative is being expanded to all domestic stores.
The Moodie Davitt eZine is published 14 times per year by The Moodie Davitt Report (Moodie International Ltd). © All material is copyright and cannot be reproduced without the permission of the Publisher. To find out more visit www.moodiedavittreport.com and to subscribe, please e-mail kristyn@moodiedavittreport.com