Barclaycard, a prominent division of Barclays PLC, is headquartered in Great Britain and operates extensively across Europe and the United States. Founded in 1966, Barclaycard was a pioneer in the credit card industry, introducing the UK’s first credit card. The company has since evolved, offering a diverse range of financial services, including credit cards, payment solutions, and digital banking innovations. Barclaycard stands out for its commitment to customer-centric services, featuring unique offerings such as contactless payments and tailored rewards programmes. With a strong market position, it is recognised for its technological advancements and robust security measures, ensuring a seamless payment experience. As a leader in the financial services sector, Barclaycard continues to shape the future of payments while maintaining a focus on customer satisfaction and innovation.
How does Barclaycard's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Barclaycard's score of 63 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Barclaycard reported total carbon emissions of approximately 593,800,000 kg CO2e, with significant contributions from Scope 1, Scope 2, and Scope 3 emissions. Specifically, Scope 1 emissions were about 8,900,000 kg CO2e, while Scope 2 emissions totalled approximately 18,000,000 kg CO2e (market-based) and 84,800,000 kg CO2e (location-based). The majority of emissions stemmed from Scope 3, which accounted for about 584,800,000 kg CO2e. Barclaycard has made substantial commitments to reduce its carbon footprint. The company achieved a remarkable 91% reduction in Scope 1 and 2 emissions against a 2018 baseline by 2022. Looking ahead, they aim for a 90% absolute reduction in Scope 1 and 2 emissions by 2025, with a long-term goal of achieving net zero emissions by 2050. This commitment includes a 30% reduction in Scope 1 and 2 emissions from a 2020 baseline by 2030. Barclaycard's operations have been carbon neutral since 2020, and they continue to work towards decarbonising their operations to meet their net zero ambition. The emissions data is sourced directly from Barclays PLC, with no cascaded data from parent or related organizations.
Access structured emissions data, company-specific emission factors, and source documents
2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | - | 00,000,000 | 00,000,000 | 00,000,000 | - | - | - | - | 00,000,000 | 0,000,000 |
Scope 2 | - | 000,000,000 | 000,000,000 | 000,000,000 | - | - | - | - | 0,000,000 | 0,000,000 |
Scope 3 | 98,379,000 | 00,000,000 | 00,000,000 | 000,000,000 | - | - | - | - | 000,000,000 | 000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Barclaycard is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.