Octopus Group, commonly known as Octopus, is a leading UK-based company headquartered in London, GB. Founded in 2000, Octopus has established itself as a prominent player in the energy and investment sectors, with a strong focus on renewable energy solutions and innovative financial services. The company operates extensively across the UK and has expanded its reach into international markets, championing sustainable energy through its core offerings, including Octopus Energy and Octopus Ventures. Notable for its customer-centric approach, Octopus Energy has gained recognition for its competitive pricing and commitment to green energy, positioning the company as a market leader in the renewable energy landscape. With a mission to drive the transition to a sustainable future, Octopus continues to achieve significant milestones, making it a key influencer in both the energy and investment industries.
How does Octopus'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.
Mean score of companies in the Financial Intermediation 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.
Octopus's score of 26 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Octopus, headquartered in Great Britain, currently does not report any carbon emissions data, as there are no available figures for kg CO2e emissions. Additionally, the company has not established specific reduction targets or initiatives, nor does it participate in recognised climate pledges such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). As a result, there is no information on their climate commitments or performance metrics. Without emissions data or reduction initiatives, it is unclear how Octopus is addressing its carbon footprint or contributing to climate action within the industry.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Octopus has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
