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.
+19 vs industry average
Oatly’s score of 36 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Food Product Manufacturing is among the most carbon-intensive industries
Industry performance
The Food Product Manufacturing industry has increased its overall emissions by 9% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Oatly's reported carbon emissions
In 2024, Oatly reported total carbon emissions of approximately 319.2 million kg CO2e, comprising 9.7 million kg CO2e from Scope 1, 3.8 million kg CO2e from Scope 2, and about 305.7 million kg CO2e from Scope 3 emissions. The Scope 3 emissions include significant contributions from purchased goods and services (approximately 236.7 million kg CO2e) and upstream transportation and distribution (about 56.5 million kg CO2e). Oatly has set an ambitious target to reduce its greenhouse gas emissions intensity by 70% per litre of product produced by 2029, using 2020 as the baseline. This target encompasses all scopes of emissions (Scope 1, 2, and 3), reflecting the company's commitment to significantly lower its climate footprint across its entire value chain. The emissions data is sourced directly from Oatly Group AB, with no cascading from a parent company. Oatly's proactive approach to sustainability and climate commitments positions it as a leader in the food and beverage industry, particularly in the plant-based sector.
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Oatly’s Climate Goals (2030 & 2050)
1 goal2029
70% reduction in all scopes
As a growth company, we have set an intensity-based GHG emissions target to reduce our climate footprint per liter of Oatly produced by 70 p…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 1 climate goals
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Scope 3 top emissions categories
5 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Oatly
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