Ovo Energy, officially known as OVO Energy Limited, is a prominent UK-based energy supplier headquartered in Bristol. Founded in 2009, the company has rapidly established itself in the competitive energy market, focusing on providing renewable energy solutions and innovative technology to its customers. With a strong presence across the UK, Ovo Energy is committed to sustainability and has achieved significant milestones, including becoming one of the largest independent energy suppliers in the country. Ovo Energy offers a range of core products and services, including electricity and gas supply, smart home technology, and energy management solutions. What sets them apart is their dedication to 100% renewable electricity and customer-centric approach, which has garnered them numerous awards and a loyal customer base. As a leader in the energy sector, Ovo Energy continues to drive positive change towards a greener future.
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 Supply 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 41 is higher than 82% 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 approximately 3.4 million tonnes CO2e in Scope 1 and 2 emissions, alongside about 9.8 million tonnes CO2e in Scope 3 emissions. This reflects a commitment to significant reductions in greenhouse gas emissions, with a target to decrease absolute Scope 1 and 2 emissions by 64.1% by 2030, using 2018 as the baseline year. Additionally, the company aims to reduce Scope 3 emissions from sold electricity by 76.8% per megawatt-hour (MWh) and other Scope 3 emissions related to fuel and energy activities by 50.4% within the same timeframe. Ovo Energy has set long-term net-zero commitments, targeting all scopes of emissions by 2050. The company is actively working towards these goals, aligning its strategies with industry standards for climate action. Their initiatives reflect a robust approach to tackling climate change, focusing on both operational efficiencies and broader environmental impacts.
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 | - | - | - | 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.