Public Profile

Octopus

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.

DitchCarbon Score

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.

23

Industry Average

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.

26

Industry Benchmark

Octopus's score of 23 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.

21%

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Octopus's reported carbon emissions

Octopus, headquartered in Great Britain, currently does not have publicly available carbon emissions data or specific reduction targets. Without concrete figures or commitments, it is challenging to assess their carbon footprint or climate initiatives. However, the company may still be engaged in broader industry efforts to address climate change and reduce emissions. As the climate landscape evolves, it is essential for companies like Octopus to establish measurable targets and transparent reporting to contribute effectively to global climate goals.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Octopus's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Octopus is in GB, which has a low grid carbon intensity relative to other regions.

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.

Octopus is not participating in any 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers