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
Characteristic
Percentage of green electricity in total electricity consumption (in Germany and international locations)
Percentage of green electricity in total electricity consumption at German locations
Percentage reduction of adjusted CO2-equivalent emissions*
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Otto. (May 22, 2023). Progress of Otto group to meet goals of Science-Based Targets initiative (SBTi) in 2021 and 2022 [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/1394938/otto-climate-action/
Otto. "Progress of Otto group to meet goals of Science-Based Targets initiative (SBTi) in 2021 and 2022." Chart. May 22, 2023. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/1394938/otto-climate-action/
Otto. (2023). Progress of Otto group to meet goals of Science-Based Targets initiative (SBTi) in 2021 and 2022. Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/1394938/otto-climate-action/
Otto. "Progress of Otto Group to Meet Goals of Science-based Targets Initiative (Sbti) in 2021 and 2022." Statista, Statista Inc., 22 May 2023, https://www.statista.com/statistics/1394938/otto-climate-action/
Otto, Progress of Otto group to meet goals of Science-Based Targets initiative (SBTi) in 2021 and 2022 Statista, https://www.statista.com/statistics/1394938/otto-climate-action/ (last visited October 31, 2024)
Progress of Otto group to meet goals of Science-Based Targets initiative (SBTi) in 2021 and 2022 [Graph], Otto, May 22, 2023. [Online]. Available: https://www.statista.com/statistics/1394938/otto-climate-action/
