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 68 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Barclaycard reported total carbon emissions of approximately 91,600,000 kg CO2e in Great Britain. This figure includes 15,300,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 12,900,000 kg CO2e from fuel and energy-related activities within Scope 3. Notably, the company has set a long-term commitment to achieve net zero emissions across all scopes by 2050, a goal announced in 2018. In 2022, Barclaycard's emissions were about 94,800,000 kg CO2e, with Scope 1 emissions at 12,800,000 kg CO2e and Scope 3 emissions reaching 8,500,000 kg CO2e. The company has made strides in reducing its carbon footprint, particularly in Scope 2 emissions, which were reported at 47,300,000 kg CO2e in 2022. Barclaycard's emissions data reflects a commitment to transparency and accountability in its climate strategy, aligning with industry standards for climate action. The bank's ongoing initiatives and targets underscore its dedication to mitigating climate change impacts and transitioning towards a sustainable future.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|
Scope 1 | 29,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - |
Scope 2 | 205,700,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | - |
Scope 3 | 880,300,000 | 000,000,000 | 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 not committed to any reduction initiatives 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.