Cazoo Holdings Limited
Cazoo Holdings Limited, a prominent player in the online automotive retail industry, is headquartered in Great Britain. Founded in 2018, Cazoo has rapidly transformed the way consumers buy used cars, offering a seamless online experience that includes home delivery and a 7-day money-back guarantee. The company operates primarily across the UK, with aspirations to expand into European markets. Cazoo's unique proposition lies in its extensive selection of high-quality, inspected vehicles, coupled with a user-friendly digital platform that simplifies the purchasing process. As a leader in the online car sales sector, Cazoo has achieved significant milestones, including a successful IPO in 2021, solidifying its position as a market innovator. With a commitment to customer satisfaction and transparency, Cazoo continues to redefine automotive retail in the digital age.
DitchCarbon Score
How does Cazoo Holdings Limited'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 Real Estate 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 Holdings Limited's score of 15 is lower than 86% 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 Holdings Limited's reported carbon emissions
In 2023, Cazoo Holdings Limited reported greenhouse gas emissions of approximately 0.0233 kg CO2e per £m revenue. This figure reflects a decrease from 2022, where emissions were about 0.025 kg CO2e per £m revenue, and from 2021, which recorded approximately 0.0284 kg CO2e per £m revenue. The trend indicates a commitment to reducing carbon intensity over the years, with emissions per unit of revenue decreasing from about 0.0361 kg CO2e in 2019 to 0.0233 kg CO2e in 2023. Cazoo has not disclosed specific Scope 1, 2, or 3 emissions data, nor have they set formal reduction targets through initiatives such as the Science Based Targets initiative (SBTi). The company has not reported any climate pledges or documented reduction initiatives, indicating a potential area for future development in their climate strategy. Overall, while Cazoo Holdings Limited shows a positive trend in reducing emissions intensity relative to revenue, further transparency and commitment to specific reduction targets would enhance their climate commitments.
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.
Cazoo Holdings Limited 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.
