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Octopus Energy, officially known as Octopus Energy Limited, is a prominent player in the UK’s electricity and energy sector. Headquartered in Great Britain, the company operates across various regions, delivering innovative energy solutions to residential and business customers. Since its founding in 2015, Octopus Energy has rapidly established itself as a leader in the electricity and natural energy (electricity nec) industry, recognised for its commitment to renewable energy and customer-centric services.
The company’s core offerings include electricity supply, smart energy technology, and sustainable energy products, setting it apart through its focus on transparency and technological innovation. With notable achievements in market growth and customer satisfaction, Octopus Energy continues to shape the future of energy by prioritising green solutions and digital efficiency. Its market position underscores its role as a forward-thinking energy provider in the UK and beyond.
25
DitchCarbon score
+9 vs industry average
Octopus Energy’s score of 25 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very High
Electricity from Other Sources is among the most carbon-intensive industries
Industry performance
3.039
20182025
The Electricity from Other Sources industry has reduced its overall emissions by 36% since 2018
Reported emissions
No reported emissions data is available for Octopus Energy yet.
Octopus Energy's reported carbon emissions
Octopus Energy, headquartered in GB and operating in the Electricity nec industry, is committed to addressing climate change. While no specific carbon emissions data for recent years is available, their climate commitments are well-defined.
Octopus Energy has committed to achieving Net-Zero emissions, with a long-term Science Based Targets initiative (SBTi) target aimed at all scopes by 2050. This Net-Zero commitment was made in 2021. Their SBTi targets are cascaded from Octopus Energy Group Limited, reflecting a commitment to decarbonisation across the wider corporate family. Although some near-term targets have been removed or marked as expired commitments, the long-term Net-Zero goal remains in place.
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Octopus Energy’s Climate Goals (2030 & 2050)
1 goal2050
Reduction target by 2050
Insufficient data0%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Octopus Energy11 months ago
25
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Frequently asked questions
Common questions about Octopus Energy’s sustainability data and climate commitments
Usage policy
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