Octopus Energy, a leading renewable energy supplier based in Great Britain, has been transforming the energy landscape since its founding in 2015. With its headquarters in London, the company operates across the UK and has expanded its reach into international markets, including Europe and the United States.
Specialising in green energy solutions, Octopus Energy offers a range of services, including competitive energy tariffs and innovative technology-driven platforms that enhance customer experience. Their unique approach to energy supply, characterised by transparent pricing and a commitment to sustainability, has positioned them as a market leader in the renewable sector.
Notable achievements include rapid growth in customer base and recognition for their exceptional customer service, making Octopus Energy a prominent player in the energy industry.
+10 vs industry average
Octopus Energy’s score of 25 is higher than 56% 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
Electricity from Other Sources is among the most carbon-intensive industries
Industry performance
The Electricity from Other Sources industry has reduced its overall emissions by 36% since 2018
Reported emissions
No reported emissions data is available for Octopus Energy yet.
Octopus Energy's reported carbon emissions
As of the latest reporting, Octopus Energy, headquartered in Great Britain, does not have specific carbon emissions data available for the most recent year. However, the company is committed to achieving net-zero emissions across all scopes by 2050, as indicated by their Science Based Targets initiative (SBTi) commitments.
Octopus Energy has inherited its climate commitments from its parent organization, Octopus Energy Limited, which is classified as a current subsidiary. The company is actively engaged in the electric utilities sector, focusing on sustainable energy solutions.
While specific reduction targets or achievements are not detailed, Octopus Energy's long-term commitment to net-zero emissions reflects its dedication to addressing climate change and reducing its carbon footprint. The company is part of the broader movement within the energy sector to transition towards more sustainable practices, aligning with global climate goals.
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Octopus Energy’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Octopus Energy yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
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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Octopus Energy
Frequently asked questions
Common questions about Octopus Energy’s sustainability data and climate commitments
Data year: 2024
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