Barclays Bank UK PLC Sustainability Profile
Barclays Bank UK PLC, commonly known as Barclays, is a leading financial institution headquartered in Great Britain. Established in 1690, Barclays has evolved into a global powerhouse in the banking industry, with significant operations across Europe, Africa, and the Americas. The bank offers a diverse range of services, including personal banking, investment banking, and wealth management, distinguished by its commitment to innovation and customer service. With a strong market position, Barclays has achieved numerous milestones, including the introduction of digital banking solutions that enhance customer experience. The bank's core products, such as current accounts, loans, and investment services, are tailored to meet the needs of both individual and corporate clients. Recognised for its robust financial performance and commitment to sustainability, Barclays continues to be a trusted name in the financial sector.
DitchCarbon Score
How does Barclays Bank UK 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.
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
Barclays Bank UK PLC's score of 39 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Barclays Bank UK PLC, headquartered in Great Britain, currently does not have specific carbon emissions data available for the most recent year. The bank is a current subsidiary of Barclays PLC, which may influence its climate commitments and emissions reporting. While no absolute emissions figures are provided, Barclays Bank UK PLC is part of a broader corporate family that includes Barclays PLC, which has established various climate initiatives. These initiatives include commitments to the Carbon Disclosure Project (CDP) and the RE100 initiative, both of which are cascaded from Barclays PLC. However, specific reduction targets or achievements for Barclays Bank UK PLC are not detailed. As a current subsidiary, Barclays Bank UK PLC aligns with the sustainability goals set by its parent company, Barclays PLC, which is actively working towards reducing its carbon footprint and enhancing its climate resilience. The absence of specific emissions data highlights the need for ongoing transparency and commitment to climate action within the financial sector.
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| 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 |
How Carbon Intensive is Barclays Bank UK PLC's Industry?
How Carbon Intensive is Barclays Bank UK PLC's Location?
Barclays Bank UK PLC's Scope 3 Categories Breakdown
Barclays Bank UK 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.
Top Scope 3 Categories
Barclays Bank UK PLC's Climate Goals (2030 & 2050)
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 UK 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.
