Oatly Group AB is a Swedish beverage manufacturer founded in 1985, headquartered in Malmö. It produces oat-based drinks and food products as alternatives to dairy and animal products.
The company operates globally with ~2,000 employees and is listed on Nasdaq. It competes in the rapidly growing plant-based food and beverage sector.
Founded 1985Head office Malmö, SwedenStaff ~1,000Revenue ~$824MWebsite ↗
Oatly publishes detailed sustainability data and leads on product-level carbon transparency, but absolute emissions surged 31% in 2024 while per-liter intensity rose 15%. Intensity-only targets lack SBTi validation. A 2023 greenwashing settlement and 2022 ASA ad bans expose systematic overclaim of environmental benefits.
Oatly Group AB scores 50/100 (Making progress) on SINK's independent climate assessment, scored from public data only. Scores are free. Companies can never pay for anything about their own score. Last verified May 2026.
That places Oatly Group AB joint 158th of 934 companies scored, and joint 10th of 51 in Food & Beverage (non-meat).
Strongest on Carbon Footprint: Operations and Carbon Footprint: Supply Chain (7/10, 7/10). Weakest on Emissions Trajectory and Targets & Commitments (1/10, 4/10).
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SINK = (0.3 × Base + 0.7 × Performance) × Scale10 sources used in this assessment. All publicly available. Each row shows which of the ten questions it informed.
30% of them were published by Oatly Group AB itself; the rest come from independent sources.
Scored on 4 April 2026 under an earlier version of our method. We're re-checking it under the current method.
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Where Oatly Group AB sits among food & beverage (non-meat) peers.
Among the 51 major food & beverage (non-meat) brands we've scored, Oatly Group AB is tied =10th of 51, with 1 other.
The 3 companies in the sector scoring nearest above Oatly Group AB.
Pernod Ricard cut its total emissions 9% in FY26 and 18.5% since FY22 against SBTi-validated net-zero targets, though part of the fall came from lower volumes.
See the breakdown →Nespresso has credible SBTi-validated net-zero targets and strong renewable energy at factories, but leans heavily on unverified insetting and offsets rather than real emission cuts.
See the breakdown →Innocent has made genuine emissions reductions and invested in renewable energy at its new factory, but intensity-based supply chain targets allow absolute emissions to rise with growth.
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