Octopus Energy Group is a UK-based energy retailer and generator founded in 2010, headquartered in London. The company supplies electricity and gas to over 3 million UK households and businesses, operates 4.9GW of renewable generation capacity, and manufactures heat pumps through its RED subsidiary.
It is a major player in the UK energy transition and a prominent investor in distributed renewables infrastructure.
Founded 2010Head office London, UKStaff ~11,000Revenue ~£12.4BWebsite ↗
Octopus Energy has built comprehensive baseline emissions data and SBTi-verified net-zero targets covering all scopes, yet operational emissions are rising due to rapid growth. The company sources 100% renewable electricity via REGOs and PPAs, but relies on tradable certificates for 80% of supply—undermining additionality claims. Weak spots: no quantified nature footprint, minimal waste reporting, and unresolved incinerator controversy in Scotland.
Octopus Energy Group scores 39/100 (Below expectations) 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 Octopus Energy Group joint 432nd of 934 companies scored, and 8th of 20 in Energy Supply / Utilities.
Strongest on Targets & Commitments and Carbon Footprint: Operations (9/10, 7/10). Weakest on Resource Use & Waste and Water Impact (3/10, 3/10).
For each question that lost points, the evidence our public rubric looks for that we didn't find.
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SINK = (0.3 × Base + 0.7 × Performance) × Scale13 sources used in this assessment. All publicly available. Each row shows which of the ten questions it informed.
62% of them were published by Octopus Energy Group 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 Octopus Energy Group sits among energy supply / utilities peers.
Among the 20 major energy supply / utilities brands we've scored, Octopus Energy Group sits 8th of 20.
The 3 companies in the sector scoring nearest above Octopus Energy Group.
OVO Energy reports detailed operational emissions cuts and has ditched greenwashing REGOs, but 9.8Mt of annual Scope 3 from gas supply to 4 million customers overwhelms progress.
See the breakdown →E.ON has SBTi-validated 1.5°C targets with absolute reduction commitments, but delivery remains unverified.
See the breakdown →Vattenfall has cut Scope 1+2 emissions 53% since 2017 and operates 90% fossil-free generation, backed by SBTi validation.
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