Bread Financial

Bread Financial's reported carbon emissions

Bread Financial's commitment to climate action is demonstrated through its reported greenhouse gas (GHG) emissions and reduction targets. For the reporting year 2024, the company reported a total of approximately 96.4 million kg CO2e. This figure is comprised of approximately 933,000 kg CO2e for Scope 1 emissions and about 2.25 million kg CO2e for Scope 2 emissions. Scope 3 emissions were the largest contributor, totalling approximately 93.2 million kg CO2e. Looking at previous years, Bread Financial reported a total of approximately 154.8 million kg CO2e in 2023, with Scope 1 emissions at about 1.15 million kg CO2e, Scope 2 at approximately 3.92 million kg CO2e, and Scope 3 at around 149.7 million kg CO2e. In 2022, total emissions were approximately 156.7 million kg CO2e, including Scope 1 at about 1.30 million kg CO2e and Scope 2 at approximately 9.21 million kg CO2e (location-based). Scope 3 emissions in 2022 were substantial, reaching approximately 124.9 million kg CO2e from purchased goods and services alone, and a total of about 156.7 million kg CO2e. Bread Financial has set ambitious targets to reduce its environmental impact. The company aims to reduce its Scope 1 and Scope 2 emissions by 55% by 2030, using a 2022 baseline. Previously, targets included a 30% reduction in Scope 1 and Scope 2 emissions by 2030 from a 2021 baseline. Bread Financial also stated an aim to achieve carbon neutrality by 2025 for Scope 1 and Scope 2 emissions. The company's industry is Services auxiliary to financial intermediation (67), and its headquarters are located in the US. Bread Financial's emissions data is not cascaded from a parent organisation, indicating that the reported figures are directly from Bread Financial Holdings, Inc.