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. Barclaycard is renowned for its innovative products, such as contactless payments and advanced fraud protection, which set it apart in the competitive financial services sector. With a strong market position, Barclaycard has consistently been recognised for its customer service and technological advancements, making it a trusted choice for millions of consumers and businesses alike.
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 93% 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 tonnes CO2e, with Scope 1 emissions at about 15,300 tonnes CO2e, Scope 2 emissions at around 1,600 tonnes CO2e, and significant Scope 3 emissions of approximately 2,533,200 tonnes CO2e. This reflects a commitment to transparency in their carbon footprint across various operational scopes. Barclaycard has made notable strides in reducing its carbon emissions over the years. For instance, in 2022, their total emissions were reported at about 68,600 tonnes CO2e, indicating a substantial increase in 2023. However, the company has set ambitious targets to mitigate its environmental impact, as evidenced by its consistent engagement with the Carbon Disclosure Project (CDP), where it has received scores such as A- in previous years, showcasing its commitment to climate action. The company is actively working towards reducing its carbon footprint through various initiatives, although specific reduction targets have not been detailed. Their focus includes addressing emissions across all scopes, particularly in Scope 3, which encompasses indirect emissions from the supply chain and business travel. Overall, Barclaycard's climate commitments reflect a proactive approach to managing and reducing carbon emissions, aligning with industry standards and expectations for corporate responsibility in the face of climate change.
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 | 3,521,200,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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 committed to some 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.