Oatly
Oatly AB, commonly known as Oatly, is a pioneering Swedish company headquartered in Malmö, Sweden (SE). Founded in 1994, Oatly has established itself as a leader in the plant-based food industry, primarily focusing on oat-based dairy alternatives. The company has made significant strides in promoting sustainable consumption, with its products available across Europe, North America, and Asia. Oatly's core offerings include oat milk, ice cream, and cooking creams, all distinguished by their unique formulation that emphasises taste and environmental responsibility. The brand has garnered attention for its innovative approach to dairy alternatives, positioning itself as a go-to choice for health-conscious consumers and those seeking sustainable options. With a strong market presence and a commitment to sustainability, Oatly continues to reshape the landscape of plant-based products.
DitchCarbon Score
How does Oatly'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 Food Product Manufacturing 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
Oatly's score of 56 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Oatly's reported carbon emissions
In 2023, Oatly reported total carbon emissions of approximately 244,054,000 kg CO2e. This figure includes 7,284,000 kg CO2e from Scope 1 emissions, 4,613,000 kg CO2e from Scope 2, and a significant 232,157,000 kg CO2e from Scope 3 emissions, which encompass areas such as purchased goods and services and upstream transportation. Oatly has set an ambitious target to reduce its greenhouse gas emissions intensity by 70% by 2029, using 2020 as the baseline year. This target applies across all scopes (1, 2, and 3), reflecting the company's commitment to minimising its climate footprint throughout its entire value chain. In previous years, Oatly's emissions were as follows: in 2022, total emissions were about 301,537,000 kg CO2e, with Scope 1 at 19,269,000 kg CO2e, Scope 2 at 658,000 kg CO2e, and Scope 3 at 281,610,000 kg CO2e. In 2021, total emissions were approximately 295,540,000 kg CO2e, with Scope 1 at 11,886,000 kg CO2e, Scope 2 at 3,190,000 kg CO2e, and Scope 3 at 280,464,000 kg CO2e. Oatly's commitment to sustainability is evident in its comprehensive approach to emissions reporting and reduction initiatives, positioning the company as a leader in the plant-based food industry in terms of climate action.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 4,260,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 3,763,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 151,704,000 | 000,000,000 | 000,000,000 | 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.
Oatly is not participating in any 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.
