Barclays PLC
Barclaycard, a prominent division of Barclays PLC, is headquartered in Great Britain and operates extensively across Europe and the United States. Founded in 1966, Barclaycard was a pioneer in the credit card industry, introducing the UK’s first credit card. The company has since evolved, offering a diverse range of financial services, including credit cards, payment solutions, and digital banking innovations. Barclaycard stands out for its commitment to customer-centric services, featuring unique offerings such as contactless payments and tailored rewards programmes. With a strong market position, it is recognised for its technological advancements and robust security measures, ensuring a seamless payment experience. As a leader in the financial services sector, Barclaycard continues to shape the future of payments while maintaining a focus on customer satisfaction and innovation.
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 63 is higher than 79% 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, Barclaycard reported total carbon emissions of approximately 593,800,000 kg CO2e, with significant contributions from Scope 1, 2, and 3 emissions. Specifically, Scope 1 emissions were about 8,900,000 kg CO2e, while Scope 2 emissions (market-based) totalled around 1,800,000 kg CO2e. The majority of emissions stemmed from Scope 3, which accounted for approximately 584,800,000 kg CO2e. In 2023, the emissions data showed a total of about 622,800,000 kg CO2e, with Scope 1 emissions at approximately 15,300,000 kg CO2e and Scope 2 emissions (market-based) at around 1,600,000 kg CO2e. Scope 3 emissions for that year were approximately 622,800,000 kg CO2e. Barclaycard has set ambitious climate commitments, aiming for a 90% reduction in Scope 1 and 2 emissions by 2025, using a 2018 baseline. This target is part of their broader goal to achieve net zero emissions by 2050. They have already achieved a 91% reduction in Scope 1 and 2 emissions (market-based) by 2023 compared to the 2018 baseline. The company has been carbon neutral since 2020 and continues to work towards decarbonising its operations. Their initiatives include a commitment to reduce Scope 2 emissions by 30% from a 2020 baseline by 2030. All emissions data is sourced directly from Barclays PLC, with no cascaded data from other entities.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | 00,000,000 | 00,000,000 | - | - | - | - | 00,000,000 | 0,000,000 |
| Scope 2 | - | - | 000,000,000 | 000,000,000 | - | - | - | - | 0,000,000 | 0,000,000 |
| Scope 3 | 98,379,000 | 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.
