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 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.
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Barclaycard's reported carbon emissions
In 2024, Barclaycard reported total carbon emissions of approximately 10,700,000 kg CO2e for Scope 1 and 2 combined, with a market-based approach. This represents a significant reduction from 2023, where emissions were about 16,900,000 kg CO2e for the same scopes. In the UK, for 2023, Barclaycard's total emissions were approximately 91,600,000 kg CO2e, with Scope 3 emissions contributing notably, including 15,300,000 kg CO2e from business travel and 18,100,000 kg CO2e from upstream leased assets. Barclaycard has set ambitious climate commitments, aiming for a 90% reduction in Scope 1 and 2 emissions by 2025, using 2018 as a baseline. They have achieved carbon neutrality in their operations since 2020 and are working towards becoming a net zero bank by 2050. Additionally, they plan to reduce Scope 2 emissions by 50% by 2030 from a 2020 baseline. Overall, Barclaycard's commitment to sustainability is evident through their substantial reduction targets and ongoing efforts to decarbonise their operations, aligning with industry standards for climate action.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | - | - |
| Scope 2 | - | - | - | - | - | - | - |
| Scope 3 | - | - | - | - | - | - | - |
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.
