Ocado Group PLC

Common Name
Ocado Group
Country
United Kingdom
Sector
Consumer Defensive
Industry
Grocery Stores
Employees
18,869
Ticker
OCDO
Exchange
LONDON STOCK EXCHANGE
Description
Ocado Group plc is a technology and automation company primarily known for its advanced online grocery fulfillment solutions. Originally launched as an online grocery retailer in the United Kingdom, O...

Ocado Group's GHG Emissions Data Preview

In 2024, Ocado 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).

Ocado Group has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Ocado Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Ocado Group amounted to 125,707 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).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Ocado Group increased by 9.85%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Ocado Group's Scope 1 Emissions Over Time

202220232024030 k60 k90 k120 ktCO2e-3%+11%
  • Total Scope 1
  • Year-over-Year Change

What are Ocado Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Ocado Group were 103,957 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Ocado Group reduced its Scope 1 emissions over time?

Since 2022, Ocado Group's Scope 1 emissions have increased by 7.69%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Ocado Group's Scope 1 emissions increased by 11.43%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Ocado Group's Scope 2 emissions?

In 2024, Ocado Group reported Scope 2 greenhouse gas (GHG) emissions of 895 tCOâ‚‚e using the market-based method, and 21,750 tCOâ‚‚e using the location-based method.

Has Ocado Group reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Ocado Group's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Ocado Group 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Ocado Group use for Scope 2 reporting?

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

Ocado Group's Scope 2 Emissions Over Time

20222023202405.5 k11 k16.5 k22 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Ocado Group's Value Chain Emissions

In 2024, Ocado Group reported 162,057 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of Ocado Group includes a breakdown across 9 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.

Ocado Group's Scope 3 Emissions Over Time

202220232024060 k120 k180 k240 ktCO2e-7%-23%
  • Total Scope 3
  • Year-over-Year Change

What are Ocado Group's Scope 3 emissions?

In 2024, Ocado Group reported total Scope 3 emissions of 162,057 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 85.51% of these emissions originated from upstream activities such as purchased goods and capital goods, while 14.49% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Ocado Group reduced its Scope 3 emissions over time?

Since 2022, Ocado Group's Scope 3 emissions have decreased by 28.42%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2023), Ocado Group's Scope 3 emissions decreased by 22.79%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does Ocado Group disclose?

In 2024, Ocado Group reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.

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

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

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

  • Capital Goods (Cat. 2): 35,242 tCOâ‚‚e (21.75%)
  • Fuel- and Energy-Related Services (Cat. 3): 30,996 tCOâ‚‚e (19.13%)
  • Employee Commuting (Cat. 7): 29,500 tCOâ‚‚e (18.2%)

Ocado Group's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(19.1%)Employee Commuting(Cat. 7)(18.2%)Capital Goods(Cat. 2)(21.7%)

Insights into Ocado Group's Total Carbon Footprint

In 2024, Ocado Group reported a total carbon footprint of 287,764 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.27% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Ocado Group's total carbon footprint was Scope 3 emissions, accounting for 56.32% of the company's total carbon footprint, followed by Scope 1 emissions at 36.13%.

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