Ovo Energy, a prominent player in the UK energy sector, is headquartered in London, GB. Founded in 2009, the company has rapidly established itself as a leader in renewable energy solutions, focusing on providing sustainable electricity and gas to homes across the UK. With a commitment to innovation, Ovo Energy has introduced unique offerings such as flexible tariffs and smart home technology, catering to the evolving needs of its customers. The company has achieved significant milestones, including being one of the first energy suppliers to offer 100% renewable electricity as standard. Ovo Energy's dedication to sustainability and customer service has earned it a strong market position, making it a preferred choice for environmentally conscious consumers. As the energy landscape continues to evolve, Ovo Energy remains at the forefront, championing a greener future for all.
How does Ovo Energy'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 Electricity from Other Sources 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.
Ovo Energy's score of 36 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Ovo Energy reported total carbon emissions of approximately 3,434,000 kg CO2e for Scope 1 and 2, and about 9,782,785,000 kg CO2e for Scope 3 emissions. This reflects a commitment to reducing its carbon footprint significantly. The company has set ambitious targets, aiming for a 64.1% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2030, using 2018 as the base year. Additionally, Ovo Energy plans to cut Scope 3 emissions from sold electricity by 76.8% per MWh and reduce other absolute Scope 3 emissions related to fuel and energy activities, as well as emissions from the use of sold products, by 50.4% within the same timeframe. Ovo Energy is committed to achieving net-zero emissions across all scopes by 2050, aligning with industry standards for climate action. The company’s proactive approach includes a focus on reducing emissions intensity and enhancing sustainability practices, positioning it as a leader in the energy sector's transition towards a low-carbon future.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | - | - | - | 0,000,000 | 0,000,000 | - |
Scope 2 | - | - | 0,000,000 | 000,000 | 000,000 | 0,000,000 |
Scope 3 | 14,520,785,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Ovo Energy 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.