Target · Near-term · 3 — Other
2023 → 2030 · published 2025-10-09
Portfolio Coverage: Octopus Group commits to 45% of its eligible private equity portfolio by invested value setting SBTi-validated targets by 2030 from a 2023 base year.
SBTi company profile · UK
Octopus Group
Banks, Diverse Financials, Insurance Financial Institution
Validated Targets
Data: Science Based Targets initiative Target Dashboard, as at 2026-10-08
LocationUnited Kingdom of Great Britain and Northern Ireland
RegionNorthern Europe
SectorBanks, Diverse Financials, Insurance
Organisation typeFinancial Institution
Near-term statusValidated Targets
Near-term target1.5°C · 2030
ISIN in SBTi dataYes
Published records
Targets and commitments
The records below are reproduced from the Science Based Targets initiative Target Dashboard. A validated target is not evidence that emissions have fallen; progress requires the company’s reported emissions.
Target · Near-term · 3 — Other
2023 → 2030 · published 2025-10-09
Sector Decarbonization Approach (SDA): Octopus Group commits to reduce all in-use operational GHG emissions from its commercial real estate loan portfolio 50% per m2 by 2030 from a 2023 base year.
Target · Near-term · 1+2 — Other
2023 → 2030 · 1.5°C · published 2025-10-09
Octopus Group commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2030 from a 2023 base year.
Target · Near-term · 2 — Other
2023 → 2030 · 1.5°C · published 2025-10-09
Octopus Group commits to increase active annual sourcing of renewable electricity from 87% in 2023 to 100% by 2030.
Target · Near-term · 3 — Other
2024 → 2030 · published 2025-10-09
Octopus Group commits to reduce scope 3 in-use operational GHG emissions of owned and leased buildings 66% per m2 by 2030 from a 2024 base year.
Target · Near-term · 3 — Other
2023 → 2030 · published 2025-10-09
Octopus Group commits to install no new fossil fuel equipment that are owned or financially controlled by the company in its buildings portfolios from 31 December 2030.
Target · Near-term · 3 — Other
2023 → 2030 · published 2025-10-09
SDA | Maintenance: Octopus Group commits to continue providing electricity generation project finance for only renewable electricity through 2030.
Target · Near-term · 3 — Other
2023 → 2030 · published 2025-10-09
Temperature Rating: Octopus Group commits to align its scope 1 + 2 portfolio temperature score by invested value within the listed equity portfolio from 3.09°C in 2023 to 2.44°C by 2030.
Target · Near-term · 3 — Other
2023 → 2030 · published 2025-10-09
TR: Octopus Group commits to align its scope 1 + 2 + 3 portfolio temperature score by invested value within the listed equity portfolio from 3.09°C in 2023 to 2.54°C by 2030.
Commitment — Validated Targets