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 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.
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Barclaycard's reported carbon emissions
In 2023, Barclaycard reported total carbon emissions of approximately 650,200,000 kg CO2e, with Scope 1 emissions at about 15,300,000 kg CO2e, Scope 2 emissions (market-based) at approximately 1,600,000 kg CO2e, and Scope 3 emissions reaching about 633,300,000 kg CO2e. This marked a significant increase from previous years, including 2022, when total emissions were about 41,300,000 kg CO2e. Barclaycard has set a long-term commitment to achieve net zero emissions by 2050, a goal announced in 2018. This commitment encompasses all scopes of emissions, reflecting the company's dedication to addressing its carbon footprint comprehensively. The company continues to disclose its emissions across all three scopes, demonstrating transparency in its climate impact and initiatives. In 2022, the company reported total emissions of approximately 94,800,000 kg CO2e in Great Britain, with Scope 1 emissions at about 12,800,000 kg CO2e and Scope 2 emissions at approximately 47,300,000 kg CO2e. The significant portion of emissions in Scope 3, which totalled about 8,500,000 kg CO2e, highlights the importance of addressing indirect emissions in their sustainability strategy. Barclaycard's ongoing efforts to reduce emissions and its commitment to net zero by 2050 position it as a proactive player in the financial sector's response to climate change.
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| 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 | - |
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.
