Environment / Oakley: Energy and climate change
Energy and climate change at Oakley
At the firm level, Oakley measures its operational greenhouse gas (GHG) emissions annually and continues to strengthen the quality and consistency of the underlying data. Given our business model, direct emissions remain limited and our footprint is primarily driven by indirect sources such as purchased goods and services, business travel and capital expenditure.
In FY25, total operational emissions increased by 52% compared to FY24, alongside headcount growth of 20%. This increase was driven mainly by Scope 3 emissions, including a one-off uplift related to the construction and fit-out of Oakley’s new London office at 60 Sloane Avenue. Market-based Scope 2 emissions also increased year-on-year, reflecting a change in the carbon accounting methodology applied to the Milan and Munich office locations.
Please refer to the TCFD Report for full detail on Oakley’s operational emissions metrics, methodologies and year-on-year drivers.
GHG Scope
Scope 1 (tCO2e)
Scope 2 (tCO2e) (location-based)
Scope 2 (tCO2e) (market-based)
Scope 3 (tCO2e)*
*Scope 3 emissions presented in this table relate to Oakley’s operational footprint and exclude Category 15 financed emissions. 2025 financed emissions are disclosed separately
Total (tCO2e) (market-based)
Total energy consumption:
381MWh
Total renewable energy consumption:
299MWh
Total non-renewable energy consumption:
82MWh
This data is unaudited.