Barclays PLC
Barclays PLC, a leading global financial services provider, is headquartered in London, GB. Founded in 1690, Barclays has evolved into a prominent player in the banking industry, offering a diverse range of services across retail banking, investment banking, and wealth management. With a strong presence in key markets including the UK, the US, and Europe, Barclays is renowned for its innovative financial solutions and commitment to customer service. The company’s core offerings include personal banking, corporate banking, and investment services, distinguished by their focus on technology and sustainability. Barclays has achieved notable milestones, such as being one of the first banks to introduce online banking. As a major player in the financial sector, Barclays continues to enhance its market position through strategic initiatives and a robust digital platform, making it a trusted choice for millions of customers worldwide.
DitchCarbon Score
How does Barclays 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 PLC's score of 66 is higher than 81% 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 PLC's reported carbon emissions
In 2024, Barclays PLC reported total carbon emissions of approximately 271,700,000 kg CO2e, with Scope 1 emissions at about 8,900,000 kg CO2e, Scope 2 emissions (market-based) at around 1,800,000 kg CO2e, and significant Scope 3 emissions of about 584,800,000 kg CO2e. The previous year, 2023, saw total emissions of about 183,400,000 kg CO2e, with Scope 1 at approximately 15,300,000 kg CO2e and Scope 2 (market-based) at about 1,600,000 kg CO2e. Barclays has set ambitious climate commitments, aiming for a 90% reduction in Scope 1 and 2 emissions by 2025 against a 2018 baseline. They achieved a remarkable 91% reduction in Scope 1 and 2 emissions by 2022. Furthermore, Barclays has been carbon neutral in its operations since 2020 and is working towards net zero emissions by 2050 across all scopes. Their long-term strategy includes a commitment to reduce Scope 1 and 2 emissions by at least 90% by 2025, with a focus on decarbonising their operations. The bank's emissions data is not cascaded from any parent organization, indicating that these figures are independently reported by Barclays PLC. The company is actively engaged in sustainability initiatives and adheres to industry-standard climate terminology, reflecting its commitment to addressing climate change.
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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 |
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.
Barclays PLC 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.
