Ocado Retail Limited
Ocado Retail Limited, headquartered in Great Britain, is a leading online grocery retailer that has revolutionised the way consumers shop for food and household essentials. Founded in 2000, Ocado has established itself as a pioneer in the e-commerce grocery sector, leveraging advanced technology and innovative logistics solutions to deliver a seamless shopping experience. Specialising in online grocery delivery, Ocado offers a wide range of products, including fresh produce, pantry staples, and household items, all sourced from trusted suppliers. Its unique automated fulfilment centres and sophisticated delivery network set it apart from traditional retailers. With a strong market position, Ocado has achieved significant milestones, including partnerships with major supermarket chains and a commitment to sustainability, making it a key player in the UK grocery industry.
DitchCarbon Score
How does Ocado Retail 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 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
Ocado Retail Limited's score of 44 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ocado Retail Limited's reported carbon emissions
In 2023, Ocado Retail Limited reported total carbon emissions of approximately 1,373,226,000 kg CO2e. This figure represents a decrease from 2021, when emissions were about 1,460,652,000 kg CO2e, which included 29,213,040 kg CO2e attributed to Scope 3 emissions related to the end-of-life treatment of sold products. Ocado Retail has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by FY2040. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 42% by FY2030, using FY2021 as the baseline. Additionally, Ocado plans to source 100% renewable electricity annually through FY2030 and aims to cut absolute Scope 3 emissions by 42% during the same timeframe. Long-term, Ocado Retail is committed to a significant reduction of 90% in absolute emissions across all scopes (1, 2, and 3) by FY2040. Specific targets include a 90% reduction in Scope 1 and 2 emissions and a 72% reduction in Scope 3 emissions related to FLAG (Forestry, Agriculture, Land Use, and other related sectors) by FY2040. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect Ocado's commitment to sustainable practices, including a pledge to eliminate deforestation linked to its primary commodities by FY2025. The emissions data and targets are cascaded from Ocado Retail Limited, which operates as a subsidiary of Ocado Group plc.
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| 2021 | |
|---|---|
| Scope 1 | - |
| Scope 2 | - |
| Scope 3 | 29,213,040 |
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.
Ocado Retail Limited is participating in some 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.
