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 76 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 at approximately 1,600,000 kg CO2e (market-based), and Scope 3 emissions reaching around 633,300,000 kg CO2e. This reflects a significant commitment to reducing their carbon footprint, as they aim for a 90% reduction in Scope 1 and 2 emissions by 2025, using 2018 as a baseline. In previous years, their emissions were as follows: in 2022, total emissions were about 41,300,000 kg CO2e; in 2021, they were approximately 37,800,000 kg CO2e; and in 2020, emissions peaked at around 88,800,000 kg CO2e. Notably, from 2018 to 2022, Barclaycard achieved a remarkable 91% reduction in market-based Scope 1 and 2 emissions. Barclaycard has set ambitious long-term goals, including achieving net zero emissions by 2050. They have committed to reducing Scope 1 and 2 emissions by 50% from a 2020 baseline by 2030. Their operations have been carbon neutral since 2020, demonstrating their proactive approach to sustainability and climate responsibility.
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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.
