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 22 is higher than 77% 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 based on a fiscal year 2021 baseline. Otto Group commits to a 42% reduction in absolute greenhouse gas (GHG) emissions across both Scope 1 and Scope 2 by FY2030. Additionally, the company aims to achieve a similar 42% reduction in absolute Scope 3 emissions by FY2031. This includes 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. To support these targets, Otto Group has pledged that by FY2027, 75% of its suppliers by spend will have science-based targets, and 20% of its platform partners by revenue will also adopt such targets. These commitments align with industry standards and reflect a proactive approach to addressing climate change, contributing to the broader goal of limiting global warming to 1.5°C.
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 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.