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 more than half-way to reach the target regarding renewable electricity use at German locations, while more has to be done internationally. As of 2023, Otto reduced carbon dioxide emissions by 30 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 2023
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 27, 2024). Progress of Otto group to meet goals of Science-Based Targets initiative (SBTi) in 2021 and 2023 [Graph]. In Statista. Retrieved December 30, 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 2023." Chart. May 27, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1394938/otto-climate-action/
Otto. (2024). Progress of Otto group to meet goals of Science-Based Targets initiative (SBTi) in 2021 and 2023. Statista. Statista Inc.. Accessed: December 30, 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 2023." Statista, Statista Inc., 27 May 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 2023 Statista, https://www.statista.com/statistics/1394938/otto-climate-action/ (last visited December 30, 2024)
Progress of Otto group to meet goals of Science-Based Targets initiative (SBTi) in 2021 and 2023 [Graph], Otto, May 27, 2024. [Online]. Available: https://www.statista.com/statistics/1394938/otto-climate-action/
