Barclaycard
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
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.
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Barclaycard's reported carbon emissions
In 2024, Barclaycard reported total carbon emissions of approximately 593,800,000 kg CO2e, with significant contributions from Scope 1, 2, and 3 emissions. Specifically, Scope 1 emissions were about 8,900,000 kg CO2e, while Scope 2 emissions (market-based) accounted for approximately 1,800,000 kg CO2e. The majority of emissions stemmed from Scope 3, which totalled around 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 these emissions by 2025. Furthermore, Barclaycard has been carbon neutral since 2020 and is working towards achieving net zero operations and supply chain emissions by 2050. In 2023, the company reported Scope 1 emissions of approximately 15,300,000 kg CO2e and Scope 2 emissions (market-based) of about 1,600,000 kg CO2e, with Scope 3 emissions reaching approximately 622,800,000 kg CO2e. This data reflects their ongoing efforts to monitor and manage emissions effectively. Barclaycard's climate strategy is aligned with the Science Based Targets initiative (SBTi) and includes a commitment to reduce Scope 1 and 2 emissions by 80% by 2025, in line with global temperature goals. The company is actively working to decarbonise its operations and has set specific targets for reducing emissions intensity in its power and energy portfolios. Overall, Barclaycard's comprehensive approach to managing carbon emissions demonstrates a strong commitment to sustainability and climate action, positioning the company as a leader in the financial services sector in the UK.
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| 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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
