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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.
Food Product Manufacturing is among the most carbon-intensive industries
The Food Product Manufacturing industry has reduced its overall emissions by 22% since 2018
Scope 3 accounts for ••• of total emissions.
Oatly, a food products company headquartered in Sweden, has reported significant carbon emissions across its operations. In 2024, the company's total emissions were approximately 319,164,000 kg CO2e, comprising 9,654,000 kg CO2e of Scope 1 emissions, 3,791,000 kg CO2e of Scope 2 emissions, and a substantial 305,718,000 kg CO2e of Scope 3 emissions. This Scope 3 total is heavily influenced by purchased goods and services (approximately 236,713,000 kg CO2e) and upstream transportation and distribution (approximately 56,469,000 kg CO2e).
In 2023, Oatly's total emissions stood at approximately 244,054,000 kg CO2e, with Scope 1 at 7,284,000 kg CO2e, Scope 2 at 4,613,000 kg CO2e, and Scope 3 at 232,157,000 kg CO2e. The previous year, 2022, saw total emissions of approximately 301,537,000 kg CO2e, including 19,269,000 kg CO2e for Scope 1, 658,000 kg CO2e for Scope 2, and 281,610,000 kg CO2e for Scope 3. In 2021, total emissions were approximately 295,540,000 kg CO2e, with Scope 3 being the largest contributor at 280,464,000 kg CO2e.
Oatly has established an intensity-based greenhouse gas (GHG) emissions target to reduce its climate footprint per litre of Oatly produced by 70 percent by 2029, using a 2020 baseline. This ambitious target encompasses Scope 1, 2, and 3 GHG emissions across its full value chain.
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2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
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.
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