Oatly AB, commonly known as Oatly, is a pioneering company in the food products nec industry, headquartered in Sweden (SE). Founded in 1994, Oatly has established itself as a leader in the plant-based food sector, particularly known for its innovative oat-based dairy alternatives. The company’s core offerings include oat milk, ice cream, and cooking creams, all crafted from sustainably sourced oats, which set them apart in terms of taste and environmental impact.
With a strong presence in Europe and expanding operations in North America and Asia, Oatly has achieved significant milestones, including a successful IPO in 2021. The brand is celebrated for its commitment to sustainability and health, making it a preferred choice among consumers seeking dairy-free options. Oatly's unique positioning in the market has garnered numerous accolades, solidifying its reputation as a trailblazer in the plant-based revolution.
+21 vs industry average
Oatly’s score of 38 is higher than 61% 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 reduced its overall emissions by 22% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Oatly's reported carbon emissions
Oatly, a food products (nec) company headquartered in SE, has reported its carbon emissions for several years. In 2024, Oatly's total emissions were approximately 319,164,000 kg CO2e. This figure comprises Scope 1 emissions of about 9,654,000 kg CO2e, Scope 2 emissions of approximately 3,791,000 kg CO2e, and substantial Scope 3 emissions totalling around 305,718,000 kg CO2e. The largest contributor within Scope 3 for 2024 was purchased goods and services, accounting for approximately 236,713,000 kg CO2e, followed by upstream transportation and distribution at roughly 56,469,000 kg CO2e.
In 2023, Oatly's total emissions were approximately 244,054,000 kg CO2e, with Scope 1 at about 7,284,000 kg CO2e, Scope 2 at around 4,613,000 kg CO2e, and Scope 3 at approximately 232,157,000 kg CO2e. For the same year, purchased goods and services represented the largest portion of Scope 3 emissions, at about 167,513,000 kg CO2e.
The company's total emissions in 2022 were approximately 301,537,000 kg CO2e, with Scope 1 emissions of about 19,269,000 kg CO2e, Scope 2 emissions of approximately 658,000 kg CO2e, and Scope 3 emissions of around 281,610,000 kg CO2e.
In 2021, Oatly's total emissions stood at approximately 295,540,000 kg CO2e. This included Scope 1 emissions of about 11,886,000 kg CO2e, Scope 2 emissions of approximately 3,190,000 kg CO2e, and Scope 3 emissions of around 280,464,000 kg CO2e. Upstream transportation and distribution were a significant factor in Scope 3 for this year, at approximately 101,609,000 kg CO2e.
For 2020, Oatly reported total emissions of approximately 159,727,000 kg CO2e, with Scope 1 emissions at about 4,260,000 kg CO2e, Scope 2 emissions at roughly 3,763,000 kg CO2e, and Scope 3 emissions at approximately 151,704,000 kg CO2e.
Oatly is committed to reducing its climate impact. It has set an intensity-based greenhouse gas (GHG) emissions target to decrease its climate footprint per litre of Oatly produced by 70 percent by 2029, using a 2020 baseline. This target encompasses Scope 1, 2, and 3 GHG emissions across its full value chain. The company's data is not cascaded from a parent organisation.
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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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