Otto GmbH & Co KG, commonly known as Otto, is a leading player in the e-commerce and retail industry, headquartered in Hamburg, Germany. Founded in 1949, Otto has evolved from a mail-order company into a prominent online retailer, serving millions of customers across Europe. The company operates primarily in Germany, but its influence extends to several other European markets. Otto's core offerings include a diverse range of products, from fashion and home goods to electronics and furniture, distinguished by a strong commitment to quality and customer service. As a pioneer in the digital transformation of retail, Otto has achieved significant milestones, including the launch of its online platform, which has solidified its position as one of Germany's largest online retailers. With a focus on sustainability and innovation, Otto continues to set benchmarks in the e-commerce landscape.
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.
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.
Otto's score of 23 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Otto Group reported total greenhouse gas emissions of approximately 268,394,000,000 kg CO2e. This figure includes emissions across all three scopes: Scope 1 emissions were about 8,524,000,000 kg CO2e, Scope 2 emissions totalled approximately 12,511,000,000 kg CO2e, and Scope 3 emissions accounted for around 247,359,000,000 kg CO2e. Otto Group has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 GHG emissions by 42% by FY2030, using FY2021 as the baseline. Additionally, the company targets a 42% reduction in absolute Scope 3 emissions by FY2031, 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 is committed to ensuring that 75% of its suppliers by spend will have science-based targets by FY2027. 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 addressing climate change and reducing its carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 315,873,000 | 000,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 |
Scope 2 | 315,873,000 | 000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Scope 3 | 315,873,000 | 000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
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.