Barclays PLC, a leading name in the commercial banking sector, is headquartered in Great Britain and operates extensively across Europe, the Americas, and Asia. Founded in 1690, Barclays has a rich history marked by significant milestones, including its pioneering role in the development of modern banking practices.
The bank offers a diverse range of core products and services, including personal banking, investment banking, and wealth management, distinguished by its commitment to innovation and customer service. With a strong market position, Barclays is recognised for its robust financial performance and strategic initiatives, making it a trusted partner for individuals and businesses alike. As a key player in the financial services industry, Barclays continues to adapt and thrive in an ever-evolving market landscape.
+17 vs industry average
Barclays PLC’s score of 77 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Commercial Banking is among the least carbon-intensive industries
Industry performance
The Commercial Banking industry has increased its overall emissions by 16% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Barclays PLC's reported carbon emissions
Barclays PLC, headquartered in GB and operating within the Commercial Banking sector, has demonstrated significant progress in its carbon emissions reduction efforts. For the year 2025, Barclays PLC reported a total of approximately 193.3 million kg CO2e. This figure comprises approximately 5.2 million kg CO2e for Scope 1 emissions, approximately 2.1 million kg CO2e for Scope 2 (market-based), and approximately 186.1 million kg CO2e for Scope 3 emissions. Within Scope 3, employee commute accounted for the largest portion at approximately 99.8 million kg CO2e, followed by business travel at approximately 38.1 million kg CO2e. In 2024, the total emissions were approximately 186.8 million kg CO2e, with Scope 1 emissions at approximately 8.9 million kg CO2e, Scope 2 emissions (location-based) at approximately 84.8 million kg CO2e, and Scope 3 emissions at approximately 177.9 million kg CO2e. Barclays has established ambitious climate commitments. The company aims for a 90% absolute reduction in Scope 1 and 2 market-based greenhouse gas (GHG) emissions by 2025, against a 2018 baseline. They have reported achieving a 97% reduction against this baseline by the end of 2025, exceeding their target. Furthermore, Barclays has a long-term ambition to be a net-zero bank by 2050. Operations have been carbon neutral since 2020, and they are working towards net-zero operations and supply chain emissions. In 2024, they reported a 56% reduction in Scope 1 and 2 location-based GHG emissions against their 2018 baseline, with a milestone to reduce these by 50% ahead of 2030. Additionally, they have maintained 100% renewable electricity sourcing for their global real estate portfolio.
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Barclays PLC’s Climate Goals (2030 & 2050)
9 goals2025
90% reduction in Scope 2
We have a target¹ of 90% absolute reduction in our Scope 1 and 2 market-based GHG emissions against a 2018 baseline
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
6 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Barclays PLC
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