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Exponential Framework
Standing firm in uncertain times - delivering world-leading results in climate solutions enablement
Oatly's Leadership in the Exponential Framework
Where Oatly Can Have the Biggest Impact: Pillar 3: Climate Solutions (55%)
As a Climate Solutions Company, Oatly's primary impact is through their products - oat-based alternatives that are 44-80% lower carbon than dairy. Their avoided emissions (299k tCO₂e) nearly offset their own footprint (319k tCO₂e), creating a 0.94:1 avoided-to-own ratio.
Highlighted areas show where Oatly demonstrates climate leadership
Click any highlighted category to see evidence
Agriculture & Food
Farming, food processing, beverages
Decarbonize Value Chain
Scope 3 upstream emissions from suppliers and materials
Build & Scale Solutions
Climate solutions, avoided emissions, product innovation
Why These Weights?
Oatly's climate impact is dominated by their agricultural supply chain (P2: 45%), particularly oat sourcing and processing. Their product as a dairy alternative represents significant climate solution impact (P3: 25%), with 70% lower emissions than cow's milk.
Adjustments Applied
Climate Performance Across Five Pillars
Detailed assessment of commitment and reporting across each transformation pillar
Cut Operational Emissions
Commitment
100% renewable electricity; net-zero operations by 2040
- 100% renewable electricity across all facilities and partners (achieved 2024)
- Net-zero operations by 2040
- Continuous improvement in production efficiency
Progress & Evidence
Strong operational execution but minimal total impact (4.2% of footprint)
- Scope 1: 6,400 tCO₂e (2024)
- Scope 2: 7,700 tCO₂e (2024)
- Total S1+S2: 14,100 tCO₂e (only 4.2% of total)
- 100% renewable electricity achieved
Decarbonize Value Chain
Commitment
70% Scope 3 intensity reduction by 2029; 100% sustainable sourcing by 2029
- 70% Scope 3 intensity reduction by 2029 (vs 2019 baseline)
- 100% sustainable oat sourcing by 2029
- Supplier engagement on regenerative agriculture
Progress & Evidence
CRITICAL WEAKNESS: 95.8% of emissions, intensity INCREASING 15% in 2024
- Scope 3: 321,000 tCO₂e (95.8% of total)
- Intensity: 0.53 kg CO₂e/L (UP 15% vs 2023)
- Root cause: Packaging (43%), Ingredients (26%), Logistics (15%)
- Gap: Only 5% of oats from regenerative farms
Build & Scale Solutions
Commitment
100% revenue from climate solutions; maintain ≥50% footprint advantage
- 100% revenue from plant-based alternatives (climate solutions by definition)
- Maintain ≥50% lower footprint vs dairy equivalent
- Scale avoided emissions through market growth
Progress & Evidence
CORE STRENGTH: First food/beverage Climate Solutions Company
- 0.44 kg CO₂e/L vs dairy 1.39 kg CO₂e/L (68% lower)
- ~550,000 tCO₂e avoided annually (2024 estimate)
- Certified Climate Solutions Company (ERI)
- Every liter sold = 0.95 kg CO₂e avoided vs dairy
Mobilize Finance & Investment
Commitment
Sustainability-linked financing; carbon removals from 2045
- Sustainability-linked credit facilities
- Carbon removals to address residual emissions from 2045
- Explore regenerative agriculture financing
Progress & Evidence
Underdeveloped - no carbon pricing, no current removal purchases
- No internal carbon price disclosed
- No carbon removal purchases yet (planned from 2045)
- Sustainability-linked financing in place
- Gap: No green bond or climate finance innovation
Shape Policy & Narrative
Commitment
Climate labeling advocacy; plant-based food system transition
- Advocate for mandatory climate labeling on food
- Push for plant-based food in public procurement
- Support dietary guidelines shift toward plant-based
Progress & Evidence
Active brand activism but limited systemic policy wins
- Climate footprint labels on all products
- Public campaigns for food system change
- EU dairy lobby battles (mixed results)
- Gap: No disclosed trade association audit
Company Details
Legal entity information and industry classification
Company Details
Industry Classification (GICS)
Legal Entity Identifier (LEI)
LinkedIn
WikidataIndustry Classification Hierarchy
GICS Classification
Global Industry Classification Standard (MSCI/S&P)
30302030202030202030GICS® is a registered trademark of MSCI Inc. and S&P Global Inc.
NACE Rev. 2.1 Classification
EU Statistical Classification of Economic Activities
C10NACE Rev. 2.1 is the statistical classification of economic activities in the European Union.
Sources & References
Data sources and documentation supporting this profile
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