Oatly AB, commonly known as Oatly, is a pioneering Swedish company headquartered in Malmö, Sweden (SE). Founded in 1994, Oatly has established itself as a leader in the plant-based food industry, primarily focusing on oat-based dairy alternatives. The company has made significant strides in promoting sustainable consumption, with its products available across Europe, North America, and Asia. Oatly's core offerings include oat milk, ice cream, and cooking creams, all distinguished by their unique formulation that emphasises taste and environmental responsibility. The brand has garnered attention for its innovative approach to dairy alternatives, positioning itself as a go-to choice for health-conscious consumers and those seeking sustainable options. With a strong market presence and a commitment to sustainability, Oatly continues to reshape the landscape of plant-based products.
How does Oatly'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 Food Product Manufacturing 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.
Oatly's score of 61 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Oatly, headquartered in Sweden (SE), reported total carbon emissions of approximately 319,164,000 kg CO2e. This figure includes Scope 1 emissions of about 9,654,000 kg CO2e, Scope 2 emissions of around 3,791,000 kg CO2e, and significant Scope 3 emissions totalling approximately 305,718,000 kg CO2e. The latter includes emissions from purchased goods and services (about 236,713,000 kg CO2e) and upstream transportation and distribution (approximately 56,469,000 kg CO2e). Oatly has set an ambitious target to reduce its greenhouse gas emissions intensity by 70% per litre of product produced by 2029, using 2020 as the baseline. This target encompasses all scopes of emissions (Scope 1, 2, and 3), reflecting the company's commitment to significantly lowering its climate footprint across its entire value chain. In 2023, Oatly's total emissions were approximately 244,054,000 kg CO2e, indicating a year-on-year increase in emissions. The company continues to disclose comprehensive emissions data, demonstrating transparency and accountability in its climate commitments. Oatly's emissions data is sourced directly from Oatly Group AB, with no cascading from parent or related organizations. The company actively participates in initiatives such as the CDP and the Race to Zero campaign, further solidifying its commitment to sustainability and climate action.
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 4,260,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 3,763,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 151,704,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Oatly's Scope 3 emissions, which increased by 32% last year and increased by approximately 102% since 2020, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 77% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Oatly has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
