Barclays Bank PLC, commonly referred to as Barclays, is a leading British multinational bank headquartered in London, GB. Founded in 1690, Barclays has established itself as a key player in the global banking industry, offering a diverse range of financial services across retail, investment, and corporate banking sectors. With a strong presence in major operational regions including Europe, the Americas, and Asia, Barclays provides innovative products such as personal banking, wealth management, and investment solutions. The bank is renowned for its commitment to digital banking, making it a pioneer in the fintech space. Barclays has achieved significant milestones, including its role in the development of the first cash machine in 1967, and continues to maintain a robust market position, recognised for its customer-centric approach and sustainable finance initiatives.
How does Barclays Bank PLC'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.
Barclays Bank PLC's score of 55 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Barclays Bank PLC, headquartered in Great Britain, currently does not have specific carbon emissions data available for the most recent year. However, the bank is part of a broader corporate family under Barclays PLC, which has established various climate commitments and initiatives. As a current subsidiary of Barclays PLC, Barclays Bank PLC inherits emissions data and climate initiatives from its parent company. Barclays PLC has engaged with the Carbon Disclosure Project (CDP) and is involved in initiatives such as RE100, which focuses on renewable energy commitments, and CA100, aimed at driving corporate climate action. These initiatives reflect Barclays' commitment to sustainability and reducing its carbon footprint. While specific reduction targets or achievements for Barclays Bank PLC are not detailed, the overarching goals set by Barclays PLC indicate a proactive approach to addressing climate change. The bank's involvement in these initiatives suggests a commitment to transparency and accountability in its environmental impact. In summary, while specific emissions data for Barclays Bank PLC is not available, the bank is aligned with its parent company's climate strategies and initiatives, demonstrating a commitment to sustainability and responsible banking practices.
Access structured emissions data, company-specific emission factors, and source documents
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 29,144,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | - | - | - | 00,000,000 | 0,000,000 |
| Scope 2 | 342,012,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | - | - | - | 0,000,000 | 0,000,000 |
| Scope 3 | 93,989,000 | 00,000,000 | 00,000,000 | 000,000,000 | - | - | - | - | 000,000,000 | 000,000,000 |
Barclays Bank PLC's Scope 3 emissions, which decreased by 6% last year and increased by approximately 522% since 2015, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 16% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Barclays Bank PLC has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.