Otto, officially known as Otto Group, is a prominent player in the Other Business Services sector, headquartered in Hamburg, Germany. Founded in 1949, the company has evolved significantly, establishing itself as a leader in e-commerce and retail solutions across Europe. With a strong presence in Germany and other major European markets, Otto offers a diverse range of services, including logistics, digital marketing, and customer engagement strategies.
The company is renowned for its innovative approach to online shopping, providing unique customer experiences through personalised services and advanced technology. Otto's commitment to sustainability and social responsibility further distinguishes it in the competitive landscape. As a key market player, Otto continues to achieve notable milestones, reinforcing its position as a trusted partner for businesses seeking comprehensive service solutions in the ever-evolving digital marketplace.
-1 vs industry average
Otto’s score of 31 is higher than 51% 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
Business Services has below-average carbon intensity
Industry performance
The Business Services industry has increased its overall emissions by 24% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Otto's reported carbon emissions
Otto, headquartered in Germany and operating in the Other business services (74) sector, reported substantial greenhouse gas emissions in its recent reporting periods. For the 2024 reporting year, the company's total emissions were approximately 6.1 billion kg CO2e, encompassing Scope 3 emissions.
In the 2023 reporting year, Otto's total emissions reached approximately 6.9 billion kg CO2e. This figure comprised approximately 57.4 million kg CO2e from Scope 1, approximately 75.1 million kg CO2e from Scope 2, and approximately 6.7 billion kg CO2e from Scope 3 emissions.
For the 2022 reporting year, Otto reported total emissions of approximately 7.6 billion kg CO2e. This included approximately 68.5 million kg CO2e from Scope 1, approximately 116.1 million kg CO2e from Scope 2, and approximately 7.4 billion kg CO2e from Scope 3.
Otto does not currently have publicly disclosed specific reduction targets or achievements from initiatives such as the Science Based Targets initiative (SBTi) or the Climate Pledge. The company's emissions data for 2021 is not available in a disaggregated format across scopes, and a total emission figure for that year is also not provided in the available data. Otto's data is not cascaded from a parent or related organisation.
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Otto’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Otto yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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