✨ Unlock Unlimited Data Exports & Disclosures Access with Tracenable Pro. Learn More →

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)202420232022
2021 - 2017
Total Scope 1
0000000
Copy/Paste is a PRO feature.
a
Copy/Paste is a PRO feature.
0000000
Total Scope 2
Market-Based
Copy/Paste is a PRO feature.
a
0000000
Copy/Paste is a PRO feature.
0000000
Location-Based
Copy/Paste is a PRO feature.
a
0000000
Copy/Paste is a PRO feature.
0000000
Total Scope 3
Copy/Paste is a PRO feature.
a
Copy/Paste is a PRO feature.
a
0000000
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
0000000
Copy/Paste is a PRO feature.
a
Copy/Paste is a PRO feature.
0000000
Limited Data Preview
You are viewing a limited preview of Oatly Group’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2020, and revenue-based intensity metrics for each scope.
Unrestricted Access to Data and Sources
pro
Remove manual data sourcing from your workflow. Upgrade to Tracenable Pro for unrestricted access to datasets and disclosures across 8,500+ companies with over 10 years of historical coverage.
Download complete datasets (CSV/XLS)
Access underlying corporate disclosures (PDF)
Trace values back to original sources
Formats Included
Excel
CSV
All data fully traceable to original sources
Used by 1,000+ teams in finance, climate, and research
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

Insights into Oatly Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Oatly Group amounted to 28,999 metric 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 Group increased 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 CO₂ equivalent (tCO₂e).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 tCO₂e using the market-based method and 19,345 tCO₂e 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 CO₂ equivalent (tCO₂e) 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 5 of 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 CO₂ equivalent (tCO₂e).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 emissions have 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 tCO₂e (77.43%)
  • Upstream Transportation and Distribution (Cat. 4): 56,469 tCO₂e (18.47%)
  • Business Travel (Cat. 6): 5,450 tCO₂e (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 tCO₂e and total revenues of USD 824 millions. This translates into an emissions intensity of 11.72 tCO₂e 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: $M 3,280Scope 1 Intensity: 43.26 tCO2e/$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 tCO₂e 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 tCO₂e 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 CO₂ equivalent (tCO₂e) 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