Ocado Retail Limited
Ocado Retail Limited, headquartered in Great Britain, is a leading online grocery retailer that has revolutionised the way consumers shop for food and household essentials. Founded in 2000, Ocado has established itself as a pioneer in the e-commerce grocery sector, leveraging advanced technology and innovative logistics solutions to deliver a seamless shopping experience. Specialising in online grocery delivery, Ocado offers a wide range of products, including fresh produce, pantry staples, and household items, all sourced from trusted suppliers. Its unique automated fulfilment centres and sophisticated delivery network set it apart from traditional retailers. With a strong market position, Ocado has achieved significant milestones, including partnerships with major supermarket chains and a commitment to sustainability, making it a key player in the UK grocery industry.
DitchCarbon Score
How does Ocado Retail Limited's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Retail Trade Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Ocado Retail Limited's score of 55 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ocado Retail Limited's reported carbon emissions
In 2023, Ocado Retail Limited reported total greenhouse gas emissions of approximately 1,373,226,000 kg CO2e globally, with emissions broken down into Scope 1, Scope 2, and Scope 3 categories. Specifically, Scope 1 emissions were about 119,550 kg CO2e, while Scope 2 emissions were negligible at 0 kg CO2e, and Scope 3 emissions accounted for a significant 1,373,106,450 kg CO2e. This data reflects a commitment to transparency in emissions reporting, although specific emissions data for the UK region was not disclosed. Ocado Retail has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by FY2040. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 42% by FY2030 from a FY2021 baseline. Additionally, it plans to source 100% renewable electricity annually through FY2030 and reduce absolute Scope 3 emissions by 42% during the same timeframe. Notably, Ocado also commits to reducing absolute Scope 3 FLAG (Forestry, Agriculture, and Land Use) emissions by 30.3% by FY2030 and aims for no deforestation in its primary commodities by FY2025. Long-term, Ocado Retail targets a 90% reduction in absolute emissions across all scopes (1, 2, and 3) by FY2040, with a specific goal of reducing Scope 3 FLAG emissions by 72% by the same year. These targets are aligned with the Science Based Targets initiative (SBTi) and demonstrate Ocado's commitment to addressing climate change effectively. The emissions data and climate commitments are cascaded from Ocado Retail Limited, with additional initiatives reported by its parent company, Marks and Spencer Group plc, which also contributes to the overall sustainability strategy.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 116,730 | 000,000 | 000,000 |
| Scope 2 | - | - | - |
| Scope 3 | 1,460,652,000 | - | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Ocado Retail Limited is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
