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Climate action of Otto Group towards SBTi 2021-2022

Published by Daniela Coppola, Jun 26, 2023
In order to meet science-based targets established by the UN, Otto Group has committed to significantly reduce their carbon footprint by 2025. The company is half-way to reach the target regarding renewable electricity use at German locations, while more has to be done internationally. As of 2022, Otto reduced carbon dioxide emissions by 21 percent, with the ambitious goal to cut down emissions by 40 percent by 2025.

Progress of Otto group to meet goals of Science-Based Targets initiative (SBTi) in 2021 and 2022

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Release date

May 2023

Region

Europe

Survey time period

2021 and 2022

Supplementary notes

*from 2018 baseline.

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