- Shortage of affordable homes in the UK.
- Lack of adequate care solutions for older people.
- Inadequate career education for young adults.
- High cost of energy and lack of trust in energy companies.
- Legacy technology in financial services.
- Climate change and its impact on various sectors.
Octopus Group
Greenhouse gas emissions & sustainability report data
Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
๐ Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2022 | 2.7K tonnes of CO2 (2021/22) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
โ Reported Environmental Achievements
- Achieved a B Corpโข score of 122 points, significantly exceeding the 80-point threshold and their initial target of top 10% globally.
- Investing ยฃ15bn in green energy over the next 5 years.
- Developing Sierra Leoneโs first wind farm.
- Collaborating on a project to bring renewable power from Morocco to 7m homes in the UK via subsea cables.
๐ฏ Climate & Sustainability Targets
๐ Short-term
- Set science-based Net Zero targets (validated by SBTi).
๐ Medium-term
- Be in the top 1% of B Corps globally by 2027.
๐ญ Long-term
- Net Zero emissions
๐ฑ ESG Focus Areas
Climate ChangeSocial ImpactGovernance