Cazoo Group Ltd Sustainability Profile
Cazoo Group Ltd, a leading online car retailer based in Great Britain, has revolutionised the automotive industry since its inception in 2018. With its headquarters in London, Cazoo operates across the UK, providing a seamless digital platform for buying, selling, and financing used cars. The company offers a unique selection of high-quality vehicles, all of which undergo rigorous inspections to ensure customer satisfaction. Cazoo's commitment to transparency and convenience sets it apart, allowing customers to complete their purchases from the comfort of their homes. Recognised for its innovative approach, Cazoo has rapidly established itself as a prominent player in the online car marketplace, achieving significant milestones in customer service and operational efficiency. With a focus on transforming the car buying experience, Cazoo continues to lead the way in the evolving automotive landscape.
DitchCarbon Score
How does Cazoo Group Ltd'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
Cazoo Group Ltd's score of 35 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cazoo Group Ltd's reported carbon emissions
In 2023, Cazoo Group Ltd reported total carbon emissions of approximately 271,997,000 kg CO2e. This figure includes 164,102,000 kg CO2e from Scope 2 emissions, primarily from purchased electricity, and 52,584,000 kg CO2e from Scope 3 emissions, which are entirely attributed to employee commuting. Notably, there were no reported Scope 1 emissions. Comparatively, in 2022, Cazoo's emissions were approximately 258,655,000 kg CO2e globally, with Scope 2 emissions at 157,523,000 kg CO2e and Scope 3 emissions at 40,004,000 kg CO2e. The absence of Scope 1 emissions in both years indicates a focus on indirect emissions. Cazoo Group Ltd has not disclosed specific reduction targets or initiatives, nor does it appear to have cascaded any Science-Based Targets Initiative (SBTi) commitments from its parent organization. The company operates as a current subsidiary of Cazoo Group Ltd, and all emissions data is sourced directly from its reporting. Overall, while Cazoo Group Ltd has made strides in tracking its carbon footprint, further commitments and reduction strategies would enhance its climate action profile.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | - | - |
| Scope 2 | 157,523,000 | 000,000,000 |
| Scope 3 | 40,004,000 | 00,000,000 |
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Cazoo Group Ltd's Scope 3 Categories Breakdown
Cazoo Group Ltd's Scope 3 emissions, which increased by 31% last year and increased by approximately 31% since 2022, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 24% of total emissions under the GHG Protocol, with "Employee Commuting" representing nearly all of their reported Scope 3 footprint.
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Cazoo Group Ltd's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Cazoo Group Ltd has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
