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Public Profile
Financial Intermediation
GB
updated 8 days ago

Barclays PLC Sustainability Profile

Company website

Barclays PLC, a leading global financial services provider, is headquartered in London, GB. Founded in 1690, Barclays has evolved into a prominent player in the banking industry, offering a diverse range of services across retail banking, investment banking, and wealth management. With a strong presence in key markets including the UK, the US, and Europe, Barclays is renowned for its innovative financial solutions and commitment to customer service. The company’s core offerings include personal banking, corporate banking, and investment services, distinguished by their focus on technology and sustainability. Barclays has achieved notable milestones, such as being one of the first banks to introduce online banking. As a major player in the financial sector, Barclays continues to enhance its market position through strategic initiatives and a robust digital platform, making it a trusted choice for millions of customers worldwide.

DitchCarbon Score

How does Barclays PLC'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.

66

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.

32

Industry Benchmark

Barclays PLC's score of 66 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.

81%

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Barclays PLC's reported carbon emissions

In 2024, Barclays PLC reported total carbon emissions of approximately 124.9 million kg CO2e, comprising 3.6 million kg CO2e from Scope 1, 32 million kg CO2e from Scope 2, and about 89.3 million kg CO2e from Scope 3 emissions. Notably, the bank has set ambitious targets to achieve a 90% absolute reduction in its Scope 1 and 2 market-based greenhouse gas emissions by 2025, using a 2018 baseline. This commitment aligns with their long-term goal of becoming a net zero bank by 2050, addressing all scopes of emissions. Barclays has made significant strides in reducing its emissions, achieving a 91% reduction in Scope 1 and 2 emissions against the 2018 baseline by 2022. The bank's operational emissions have been carbon neutral since 2020, and it continues to work towards further decarbonisation to meet its net zero ambition. The bank's Scope 3 emissions, which include business travel and employee commuting, remain a focus area for future reductions. Overall, Barclays PLC's climate commitments reflect a robust strategy to mitigate its environmental impact while contributing to global sustainability efforts.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2015201620172018201920202021202220232024
Scope 1
29,144,000
00,000,000
00,000,000
00,000,000
-
-
-
-
00,000,000
0,000,000
Scope 2
342,012,000
000,000,000
000,000,000
000,000,000
-
-
-
-
0,000,000
0,000,000
Scope 3
93,989,000
00,000,000
00,000,000
000,000,000
-
-
-
-
000,000,000
000,000,000

How Carbon Intensive is Barclays PLC's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Barclays PLC's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Barclays PLC's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Barclays PLC is in GB, which has a very low grid carbon intensity relative to other regions.

Barclays PLC's Scope 3 Categories Breakdown

Barclays PLC's Scope 3 emissions, which decreased by 6% last year and increased by approximately 522% since 2015, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 16% of Scope 3 emissions.

Top Scope 3 Categories

2024
Employee Commuting
16%
Business Travel
8%
Upstream Leased Assets
5%
Fuel and Energy Related Activities
2%
Downstream Leased Assets
<1%
Waste Generated in Operations
<1%

Barclays PLC's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Barclays PLC has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Barclays PLC's Emissions with Industry Peers

Wells Fargo

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 9 days ago

Fidelity National Information Services, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 15 days ago

Bank Lombard Odier And Co

CH
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 7 days ago

Arrow Global

GB
•
Services auxiliary to financial intermediation (67)
Updated about 1 month ago

Bank of China (Hong Kong) Limited

HK
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 months ago

Aldermore Group PLC

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 22 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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