Barclays PLC

Barclays PLC, a Commercial Banking firm headquartered in GB, reported its carbon emissions for 2025 as about 193,300,000 kg CO2e. This includes Scope 1 emissions of approximately 5,200,000 kg CO2e, Scope 2 market-based emissions of roughly 2,100,000 kg CO2e, and Scope 3 emissions of around 186,100,000 kg CO2e. Key categories for Scope 3 in 2025 included business travel at 38,100,000 kg CO2e, employee commute at 99,800,000 kg CO2e, and upstream leased assets at 27,800,000 kg CO2e.

Looking at previous years, in 2024, the company reported Scope 1 emissions of 8,900,000 kg CO2e and Scope 3 emissions of 177,900,000 kg CO2e. In 2023, Scope 1 emissions were 15,300,000 kg CO2e, and Scope 3 emissions were 622,800,000 kg CO2e.

Barclays PLC is committed to significant emissions reductions. The company aims for net-zero operations and supply chain emissions by 2050, aligning with its ambition to be a net-zero bank. Near-term targets include a 90% absolute reduction in Scope 1 and Scope 2 market-based GHG emissions against a 2018 baseline by the end of 2025. In 2024, Barclays reported exceeding this target for market-based emissions, achieving a 95% reduction in Scope 1 and 2 market-based emissions against a 2018 baseline. For location-based emissions, they aimed to reduce Scope 1 and 2 by 50% by 2030 against a 2018 baseline and by the end of 2025, they had reduced these emissions by 62%. Additionally, Barclays set a target to reduce Scope 1 and Scope 2 emissions by 30% from a 2020 baseline by 2030. They have been carbon neutral in their operations since 2020.