Otto
Otto GmbH & Co KG, commonly known as Otto, is a leading German e-commerce and retail company headquartered in Hamburg. Founded in 1949, Otto has evolved from a mail-order business into a major player in the online retail sector, particularly in Europe. The company operates primarily in the fashion, electronics, and home goods industries, offering a diverse range of products that cater to various consumer needs. Otto is renowned for its innovative approach to online shopping, providing a seamless customer experience through advanced technology and personalised services. With a strong market position, Otto has achieved significant milestones, including being one of the largest online retailers in Germany. The company continues to set trends in the e-commerce landscape, focusing on sustainability and digital transformation to enhance its offerings and maintain its competitive edge.
DitchCarbon Score
How does Otto'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.
Industry Average
Mean score of companies in the Business Services 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.
Industry Benchmark
Otto's score of 25 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Otto's reported carbon emissions
In 2022, Otto Group reported total greenhouse gas emissions of approximately 303,812,000 kg CO2e (or about 303,812 tonnes CO2e), a reduction from 2021's emissions of approximately 315,873,000 kg CO2e (or about 315,873 tonnes CO2e). These figures reflect the company's commitment to addressing its carbon footprint across various scopes of emissions. Otto Group has set ambitious targets to reduce its greenhouse gas emissions. The company aims to achieve a 42% reduction in absolute Scope 1 and 2 emissions by the fiscal year 2030, using 2021 as the baseline year. Additionally, it has committed to a similar 42% reduction in absolute Scope 3 emissions by the fiscal year 2031, which encompasses emissions from purchased goods and services, fuel and energy-related activities, upstream transportation and distribution, employee commuting, business travel, and the end-of-life treatment of sold products. Furthermore, Otto Group plans to ensure that 75% of its suppliers by spend will have science-based targets by 2027. The company also aims for 20% of its platform partners by revenue to establish science-based targets by the same year. These commitments align with industry standards and reflect Otto Group's dedication to sustainable practices and climate action.
Industry emissions intensity
Location emissions intensity
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.
Otto is committed to some reduction initiatives 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.
