Ocado

Ocado

E 🙄

FTSETech

Ocado vs Climate Change

Positive

  • 💯 100% green renewable energy by 2040
  • 🙂 Carbon neutral by 2030
  • 😅 Not a direct emitter of CO2 emissions

Negative

  • ⏰ Is not carbon free
  • 😐 Is not carbon negative
  • 🏴‍☠️Not funding climate change
  • 🥀 Company website not powered by green hosting
  • 😴 Switching to 100% green renewable energy happens to late!

Ocado's Climate Change Impact: E

How can Ocado improve on its Climate Change Impact?

Ocado's company website currently isn't hosted by an industry recognised green host. This means they power their data centre using 100% renewable energy. Switching to a web hosting provider that operates this way will help the internet, and Ocado becoming a green company.

Becoming carbon-free is one of many ways to become an eco company.

If Ocado was to become a carbon-negative company will not only cover its outgoing carbon dioxide production, but remove more than its total output.

It is estimated that globally we are required to invest around USD 60 trillion to decarbonise. If every company, including Ocado was able to fund (in part) something towards climate change as we must reduce greenhouse gas (GHG) emissions worldwide.

Does Ocado use renewable energy?

Ocado has pledged to use 100% green renewable energy by 2040. In line with the Paris Agreement, globally we need to cut the total amount of greenhouse gas emissions.

Is Ocado a carbon neutral company?

Ocado has pledged to be a carbon neutral company by 2030. Publically stating you are a carbon neutral company, which is a great step towards a positive climate action approach, is what every company should strive for way beyond the Paris Agreement's 2050 deadline.

How would you rate Ocado's Environmental Impact?

What do we know about Ocado's stance on tackling climate change?

Based on the information publicly announced, we already know that Ocado is at the very least climate positive. This at a minimum is a good first step. However, it means next to nothing if Ocado do not put any climate action forward, in the way of goals and deadlines.

What business sectors are Ocado in?

Compare other companies in the same sector: FTSETech

Ocado's Comparison

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