Ollie's Bargain Outlet Holdings, Inc., commonly known as Ollie's, is a prominent discount retail chain headquartered in the United States. Founded in 1982, the company has established a strong presence across various regions, primarily in the Eastern and Southern United States. Specialising in closeout merchandise, Ollie's offers a diverse range of products, including home goods, food items, and seasonal products, all at significantly reduced prices. What sets Ollie's apart is its unique "Good Stuff Cheap" philosophy, which resonates with budget-conscious consumers seeking quality bargains. Over the years, the company has achieved notable milestones, including a successful public offering in 2015, solidifying its position as a leader in the off-price retail sector. With a commitment to providing exceptional value, Ollie's continues to thrive in a competitive market, making it a go-to destination for savvy shoppers.
How does Ollie's Bargain Outlet Holdings, Inc.'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 Wholesale Trade 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.
Ollie's Bargain Outlet Holdings, Inc.'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.
Ollie's Bargain Outlet Holdings, Inc., headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. As of now, Ollie's Bargain Outlet does not inherit any emissions data from a parent company, nor does it participate in initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP) that would provide a framework for emissions reduction. In the context of the retail industry, it is increasingly important for companies to establish clear climate commitments and reduction strategies to address climate change effectively. However, without specific data or commitments, it is challenging to assess Ollie's Bargain Outlet's position in this regard.
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.
Ollie's Bargain Outlet Holdings, Inc. 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.