📣 Introducing Tracenable Pro: Unlock Unlimited Data Exports & Disclosures Access.

Oatly Group AB (publ)

Common Name
Oatly Group
Country
Sweden
Sector
Consumer Defensive
Industry
Packaged Foods
Employees
1,386
Ticker
OTLY
Exchange
NASDAQ/NGS
Description
Oatly Group AB Sponsored ADR represents American Depositary Receipts of a Swedish company specialized in plant-based food and beverage products derived from oats. The company offers a diverse portfoli...

Oatly Group's GHG Emissions Data Preview

In 2024, Oatly Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Oatly Group has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 2
Market-Based
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
0000000
Location-Based
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 3
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
0000000
Download Data
Access this data via API
$curl "https://tracenable.com/api/v1/ghg-emissions/absolute?ticker=OTLY&reporting_period=2024"

Verified Sources Behind Oatly Group’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Oatly Group’s data sources below and access millions more through our Disclosure Search.

a. Oatly Group's Sustainability Report 2024
a. Oatly Group's Sustainability Report 2024

Insights into Oatly Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofOatly Group amounted to28,999metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Oatly Groupincreased by 143.75%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Oatly Group's Scope 1 Emissions Over Time

20202023202402.5 k5 k7.5 k10 ktCO2e+71%+33%
  • Total Scope 1
  • Year-over-Year Change

What are Oatly Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Oatly Group were 9,654 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Oatly Group reduced its Scope 1 emissions over time?

Since 2020, Oatly Group's Scope 1 emissions have increased by 126.62%, reflecting a rising long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2023), Oatly Group's Scope 1 emissions increased by 32.54%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Oatly Group's Scope 2 emissions?

In 2024, Oatly Group reported Scope 2 greenhouse gas (GHG) emissions of 3,791 tCOâ‚‚e using the market-based method and 19,345 tCOâ‚‚e using the location-based method.a

What methodology does Oatly Group use for Scope 2 reporting?

In 2024, Oatly Group reported its Scope 2 emissions using the market-based method and using the location-based method.a

Oatly Group's Scope 2 Emissions Over Time

20202023202405 k10 k15 k20 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Oatly Group's Value Chain Emissions

In 2024, Oatly Group reported 305,718 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Oatly Group includes a breakdown across 5of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Oatly Group's Scope 3 Emissions Over Time

202020232024080 k160 k240 k320 ktCO2e+53%+32%
  • Total Scope 3
  • Year-over-Year Change

What are Oatly Group's Scope 3 emissions?

In 2024, Oatly Group reported total Scope 3 emissions of 305,718 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 100%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Oatly Group reduced its Scope 3 emissions over time?

Since 2020, Oatly Group's Scope 3 emissionshave increased by 101.52%, reflecting a rising long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2023), Oatly Group's Scope 3 emissions increased by 31.69%, suggesting that the company faced challenges in reducing emissions across its value chain.a

What categories of Scope 3 emissions does Oatly Group disclose?

In 2024, Oatly Group reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Oatly Group's Scope 3 emissions?

In 2024, the largest contributors to Oatly Group's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 236,713 tCOâ‚‚e(77.43%)
  • Upstream Transportation and Distribution (Cat. 4): 56,469 tCOâ‚‚e(18.47%)
  • Business Travel (Cat. 6): 5,450 tCOâ‚‚e(1.78%)

Oatly Group's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(77.4%)Business Travel(Cat. 6)(1.8%)UpstreamTransportation andDistribution(Cat. 4)(18.5%)

Insights into Oatly Group’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Oatly Group reported Scope 1 greenhouse gas (GHG) emissions of 9,654 tCOâ‚‚e and total revenues of USD 824 millions. This translates into an emissions intensity of 11.72 tCOâ‚‚e per millions USD.a

Oatly Group's Scope 1 Emissions Intensity Compared to Peers

1050010,000500,00010,000,000Scope 1 Emissions (tCO2e)505005,00050,000500,000Revenues (Millions of USD)ZCTHOScandi StandardYear: 2024Scope 1: 19,201 tCO2eRevenue: $M 1,182Scope 1 Intensity: 16.25 tCO2e/$MMidsonaYear: 2024Scope 1: 3,014 tCO2eRevenue: $M 338Scope 1 Intensity: 8.91 tCO2e/$MGFPTYear: 2023Scope 1: 17,898 tCO2eRevenue: $M 551Scope 1 Intensity: 32.50 tCO2e/$MR&B Food SupplyYear: 2022Scope 1: 2,373 tCO2eRevenue: $M 114Scope 1 Intensity: 20.75 tCO2e/$MFine FoodsYear: 2024Scope 1: 8,104 tCO2eRevenue: $M 254Scope 1 Intensity: 31.95 tCO2e/$MCisarua Mountain DairyYear: 2024Scope 1: 9,921 tCO2eRevenue: $M 561Scope 1 Intensity: 17.68 tCO2e/$MZZZhou Hei YaYear: 2024Scope 1: 5,202 tCO2eRevenue: $M 367Scope 1 Intensity: 14.19 tCO2e/$MWei Chuan FoodsYear: 2024Scope 1: 14,528 tCO2eRevenue: $M 717Scope 1 Intensity: 20.27 tCO2e/$MMikoYear: 2024Scope 1: 5,970 tCO2eRevenue: $M 275Scope 1 Intensity: 21.67 tCO2e/$MSamyang FoodsYear: 2024Scope 1: 50,853 tCO2eRevenue: $M 1,178Scope 1 Intensity: 43.18 tCO2e/$MFarmer BrosYear: 2022Scope 1: 19 tCO2eRevenue: $M 315Scope 1 Intensity: 0.06 tCO2e/$MStandard FoodsYear: 2024Scope 1: 12,398 tCO2eRevenue: $M 884Scope 1 Intensity: 14.02 tCO2e/$MCCCOFCO Joycome FoodsYear: 2024Scope 1: 122,700 tCO2eRevenue: $M 2,445Scope 1 Intensity: 50.18 tCO2e/$MIngredionYear: 2024Scope 1: 1,825,070 tCO2eRevenue: $M 7,430Scope 1 Intensity: 245.64 tCO2e/$MGodrej AgrovetYear: 2024Scope 1: 1,449 tCO2eRevenue: $M 1,136Scope 1 Intensity: 1.28 tCO2e/$MHilton Food GroupYear: 2024Scope 1: 13,495 tCO2eRevenue: $M 5,005Scope 1 Intensity: 2.70 tCO2e/$MM. Dias BrancoYear: 2024Scope 1: 146,654 tCO2eRevenue: $M 1,564Scope 1 Intensity: 93.76 tCO2e/$MWH GroupYear: 2024Scope 1: 3,167,092 tCO2eRevenue: $M 202,795Scope 1 Intensity: 15.62 tCO2e/$MRokiskio SurisYear: 2024Scope 1: 17,151 tCO2eRevenue: $M 385Scope 1 Intensity: 44.50 tCO2e/$MGlanbiaYear: 2024Scope 1: 141,880 tCO2eRevenue: $M 3,273Scope 1 Intensity: 43.34 tCO2e/$MTTTaokaenoi Food & MarketingYear: 2023Scope 1: 2,111 tCO2eRevenue: $M 155Scope 1 Intensity: 13.65 tCO2e/$MAAKYear: 2024Scope 1: 227,285 tCO2eRevenue: $M 4,088Scope 1 Intensity: 55.60 tCO2e/$MHHHKFoodsYear: 2024Scope 1: 15,589 tCO2eRevenue: $M 1,042Scope 1 Intensity: 14.95 tCO2e/$MOOOatly GroupYear: 2024Scope 1: 9,654 tCO2eRevenue: $M 824Scope 1 Intensity: 11.72 tCO2e/$M

How does Oatly Group's GHG emissions intensity compare to its peers?

In 2024, Oatly Group reported a Scope 1 emissions intensity of 11.72 tCOâ‚‚e per millions USD. Compared to the peer group median of 20.27, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Oatly Group rank on GHG emissions intensity within its industry?

In 2024, Oatly Group ranked 5 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Oatly Group among the top performers, with one of the lowest emissions intensities relative to peers.a

Insights into Oatly Group's Total Carbon Footprint

In 2024, Oatly Group reported a total carbon footprint of 334,717 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 37.15% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Oatly Group's total carbon footprint was Scope 3 emissions, accounting for 91.34% of the company's total carbon footprint, followed by Scope 2 emissions at 5.78%.a

Want Full Access to Oatly Group's GHG Emissions Dataset?
Sign Up