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Public Profile
Electricity Distribution
gb
updated 5 months ago

Octopus Energy

Company website

Octopus Energy, a leading renewable energy supplier based in the UK, has rapidly established itself as a key player in the energy sector since its founding in 2015. Headquartered in London, the company operates across various regions in Great Britain, providing innovative energy solutions to residential and business customers alike. Specialising in 100% green electricity and competitive gas tariffs, Octopus Energy distinguishes itself through its commitment to sustainability and customer service. The company has achieved significant milestones, including multiple awards for its customer satisfaction and technology-driven approach. With a strong market position, Octopus Energy continues to expand its offerings, including smart tariffs and electric vehicle charging solutions, making it a preferred choice for eco-conscious consumers.

DitchCarbon Score

How does Octopus Energy'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.

0

Industry Average

Mean score of companies in the Electricity Distribution 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.

11

Industry Benchmark

Octopus Energy's score of 0 is lower than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.

4%

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Octopus Energy's reported carbon emissions

Octopus Energy, headquartered in Great Britain, currently does not have publicly available carbon emissions data for the most recent year, nor does it report specific reduction targets or initiatives. The company has not disclosed any emissions figures, including Scope 1, 2, or 3 emissions, nor has it outlined any commitments to climate pledges or science-based targets (SBTi). As of now, Octopus Energy's climate commitments and reduction initiatives remain unspecified, indicating a potential area for future development in their sustainability strategy. The absence of emissions data and reduction targets suggests that the company may still be in the early stages of formalising its climate action plans.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Octopus Energy's primary industry is Distribution and trade services of electricity, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
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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 Energy is in gb, which we do not have grid emissions data for.

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 Energy 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

Where does DitchCarbon data come from?

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

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