Octopus Energy

Octopus Energy, headquartered in GB and operating in the "Electricity nec" industry, has demonstrated a commitment to climate action. While specific recent emissions data for Octopus Energy in kg CO2e is not provided, the company is recognised for its net-zero commitments.

Information from Science Based Targets initiative (SBTi) indicates that Octopus Energy Group Limited, a related organisation, has commitments towards net-zero emissions. Specifically, there are entries noting a net-zero commitment for Octopus Energy Group Limited with an associated date of 2021-10-01, and an additional entry for "Octopus Energy Group Limited" with a "BA1.5 member" status from 2021-09-01 and 2021-09-30. It is noted that some of these commitments have been removed or expired. The SBTi data also shows two "errored" records for Octopus Energy Group Limited, both classified as net-zero with a long-term timeframe, aiming for 2050, but lacking specific reduction percentages and text descriptions.

The organisation's climate commitments are further evidenced by its participation in initiatives. Octopus Energy Group Limited is listed as a "BA1.5" member, signifying a commitment to limiting global warming to 1.5 degrees Celsius.

It's important to note that emissions data and SBTi targets for Octopus Energy may be cascaded from a parent or related organisation. In this case, Octopus Energy Group Limited is identified as the ultimate parent, with Octopus Energy Limited being a current subsidiary. SBTi targets are cascaded from Octopus Energy Limited (cascade level 0), and performance data is inherited from Octopus Energy Group Limited (cascade level 1).