Otb
Otb, officially known as OTB S.p.A., is a prominent player in the fashion and luxury goods industry, headquartered in Italy. Founded in 2002, the company has rapidly expanded its influence across major operational regions, including Europe, North America, and Asia. Otb is renowned for its innovative approach to fashion, encompassing a diverse portfolio of brands such as Diesel, Maison Margiela, and Marni. The company distinguishes itself through its commitment to creativity and sustainability, offering unique products that blend high fashion with contemporary design. With a strong market position, Otb has achieved notable milestones, including significant collaborations and a robust presence in the global fashion landscape. As a leader in the industry, Otb continues to set trends while prioritising ethical practices and artistic expression.
DitchCarbon Score
How does Otb's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Apparel Production industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Otb's score of 49 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Otb's reported carbon emissions
In 2023, OTB S.p.A. reported total greenhouse gas emissions of approximately 6131000 kg CO2e for Scope 1, 6247000 kg CO2e for Scope 2 (market-based), and a significant 412278000 kg CO2e for Scope 3 emissions. This reflects a slight increase in Scope 1 emissions from 6065000 kg CO2e in 2022, while Scope 2 emissions decreased from 6476000 kg CO2e. Scope 3 emissions also saw a minor reduction from 422052000 kg CO2e in the previous year. OTB has set ambitious climate commitments, aiming for a 51% reduction in absolute Scope 1 and 2 GHG emissions by 2030, using 2019 as the baseline year. Additionally, the company plans to increase its annual sourcing of renewable electricity from 0% in 2019 to 80% by 2025. For Scope 3 emissions, OTB targets a 55% reduction per ton of raw material purchased by 2030, also based on 2019 levels. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to support the global effort to limit warming to 1.5°C. Overall, OTB's emissions data and climate commitments reflect a proactive approach to sustainability within the textiles, apparel, footwear, and luxury goods sector, with a clear focus on reducing their carbon footprint and enhancing renewable energy usage.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 7,678,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 6,581,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 372,619,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Otb is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
