Otto (GmbH & Co KG)
Otto (GmbH & Co KG), commonly referred to as Otto Group, is a leading player in the e-commerce and retail industry, headquartered in Hamburg, Germany. Founded in 1949, the company has evolved significantly, establishing itself as a pioneer in online shopping and catalogue sales across Europe and beyond. With a diverse portfolio that includes fashion, home goods, and electronics, Otto distinguishes itself through its commitment to quality and customer service. The company operates in various regions, primarily focusing on the German market while also expanding its reach internationally. Notable achievements include its innovative approach to digital retail and sustainability initiatives, positioning Otto as a market leader in the e-commerce sector. With a strong emphasis on customer experience and a robust logistics network, Otto continues to shape the future of online shopping.
DitchCarbon Score
How does Otto (GmbH & Co KG)'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 Retail Trade Services 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
Otto (GmbH & Co KG)'s score of 27 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Otto (GmbH & Co KG)'s reported carbon emissions
Otto (GmbH & Co KG), headquartered in Germany, has set ambitious climate commitments aimed at significantly reducing its greenhouse gas emissions. The company has committed to a 42% reduction in absolute Scope 1 and 2 emissions by FY2030, using FY2021 as the baseline. Additionally, Otto aims to achieve a similar 42% reduction in absolute Scope 3 emissions by FY2031, which encompasses emissions from purchased goods and services, fuel and energy-related activities, upstream transportation and distribution, employee commuting, business travel, and the end-of-life treatment of sold products. To support these targets, Otto Group has pledged that 75% of its suppliers by spend will have science-based targets by FY2027. Furthermore, the company aims for 20% of its platform partners by revenue to establish science-based targets by the same year. These commitments align with industry standards and reflect Otto's dedication to addressing climate change and reducing its carbon footprint across its operations and supply chain.
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.
Otto (GmbH & Co KG) 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.
