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 47 is higher than 94% 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 10,700,000 kg CO2e for Scope 1 and 2 combined, reflecting a significant reduction from 16,900,000 kg CO2e in 2023. The company has achieved a remarkable 91% reduction in market-based Scope 1 and 2 emissions against a 2018 baseline by 2022. For location-based emissions, the reduction was 43% over the same period. In the UK, Barclaycard's total emissions for 2023 were about 91,600,000 kg CO2e, with Scope 3 emissions contributing significantly, including 15,300,000 kg CO2e from business travel and 18,100,000 kg CO2e from upstream leased assets. The company aims to reduce its Scope 1 and 2 emissions by 90% by the end of 2025, compared to the 2018 baseline. Barclaycard has committed to achieving net zero emissions by 2050, with interim targets of a 50% reduction in Scope 1 and 2 emissions by 2030 from a 2020 baseline. Their operations have been carbon neutral since 2020, demonstrating a strong commitment to sustainability and climate action.
Access structured emissions data, company-specific emission factors, and source documents
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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.