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 98% 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 650,200,000 kg CO2e globally, with Scope 1 emissions at about 15,300,000 kg CO2e, Scope 2 emissions (market-based) at 1,600,000 kg CO2e, and Scope 3 emissions reaching approximately 633,300,000 kg CO2e. In the UK, emissions for the same year were reported as approximately 9,400,000 kg CO2e for Scope 1 and 2 combined, with significant contributions from Scope 3, including business travel at about 15,300,000 kg CO2e and upstream leased assets at approximately 18,100,000 kg CO2e. Barclaycard's emissions data from previous years shows a trend of significant Scope 3 emissions, which accounted for the majority of their carbon footprint. For instance, in 2021, global Scope 3 emissions were approximately 682,100,000 kg CO2e, highlighting the importance of addressing indirect emissions in their climate strategy. Despite the detailed emissions reporting, there are currently no specific reduction targets or initiatives outlined by Barclaycard, indicating a potential area for future commitment and improvement in their climate action strategy.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
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.