Otto
Otto GmbH & Co KG, commonly known as Otto, is a leading player in the e-commerce and retail industry, headquartered in Hamburg, Germany. Founded in 1949, Otto has evolved from a mail-order company into a prominent online retailer, serving millions of customers across Europe. The company operates primarily in Germany, but its influence extends to several other European markets. Otto's core offerings include a diverse range of products, from fashion and home goods to electronics and furniture, distinguished by a strong commitment to quality and customer service. As a pioneer in the digital transformation of retail, Otto has achieved significant milestones, including the launch of its online platform, which has solidified its position as one of Germany's largest online retailers. With a focus on sustainability and innovation, Otto continues to set benchmarks in the e-commerce landscape.
DitchCarbon Score
How does Otto'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.
Industry Average
Mean score of companies in the Business Services 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.
Industry Benchmark
Otto's score of 39 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Otto's reported carbon emissions
In 2023, Otto reported significant carbon emissions totalling approximately 6,741,529,000 kg CO2e across all scopes. This includes 57,350,000 kg CO2e from Scope 1, 75,089,000 kg CO2e from Scope 2, and a substantial 6,674,152,900 kg CO2e from Scope 3 emissions. The combined total for Scope 1 and Scope 2 emissions was about 132,439,000 kg CO2e. Comparatively, in 2022, Otto's emissions were approximately 7,378,760,000 kg CO2e, with Scope 1 emissions at 68,528,000 kg CO2e, Scope 2 at 116,147,000 kg CO2e, and Scope 3 at 7,378,760,000 kg CO2e. The total for Scope 1 and Scope 2 was around 184,675,000 kg CO2e. Despite these figures, there are currently no specific reduction targets or initiatives disclosed by Otto, including any commitments to the Science Based Targets initiative (SBTi). The absence of documented reduction strategies suggests a need for further transparency regarding their climate commitments and future plans to mitigate emissions.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 68,528,000 | 00,000,000 |
| Scope 2 | 116,147,000 | 00,000,000 |
| Scope 3 | 7,378,760,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Otto is not participating in any of the initiatives that 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.
