Otto (GmbH & Co KG), commonly referred to as Otto Group, is a leading player in the e-commerce and retail industry, headquartered in Hamburg, Germany. Founded in 1949, the company has evolved significantly, establishing itself as a pioneer in online shopping and catalogue sales across Europe and beyond. With a diverse portfolio that includes fashion, home goods, and electronics, Otto distinguishes itself through its commitment to quality and customer service. The company operates in various regions, primarily focusing on the German market while also expanding its reach internationally. Notable achievements include its innovative approach to digital retail and sustainability initiatives, positioning Otto as a market leader in the e-commerce sector. With a strong emphasis on customer experience and a robust logistics network, Otto continues to shape the future of online shopping.
How does Otto (GmbH & Co KG)'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 Retail Trade 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 (GmbH & Co KG)'s score of 41 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Otto (GmbH & Co KG), headquartered in Germany, has set ambitious climate commitments aimed at significantly reducing its carbon emissions. Although specific emissions data for the most recent year is not available, the company has established clear reduction targets across its operations. Otto Group is committed to achieving a 42% reduction in absolute greenhouse gas (GHG) emissions for both Scope 1 and Scope 2 by the fiscal year 2030, using FY2021 as the baseline. Additionally, the company aims to reduce absolute Scope 3 emissions—covering areas such as purchased goods and services, upstream transportation, and the end-of-life treatment of sold products—by 42% by FY2031, also from a FY2021 baseline. To support these targets, Otto Group has pledged that by FY2027, 75% of its suppliers by spend will have science-based targets in place. Furthermore, the company aims for 20% of its platform partners by revenue to adopt science-based targets by the same year. In a long-term vision, Otto Group has set a goal to achieve net-zero emissions across its entire value chain by 2045, marking a significant transformation in its corporate responsibility strategy. These commitments reflect the company's dedication to aligning with industry standards and contributing to global climate goals.
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 (GmbH & Co KG) is participating in some 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.