Funding Circle

Funding Circle, a financial intermediation services company headquartered in Great Britain, has reported its carbon emissions across various scopes. For the reporting year 2025, the company recorded total emissions of approximately 5.7 million kg CO2e. This includes Scope 1 emissions of approximately 37,000 kg CO2e, Scope 2 emissions (location-based) of approximately 36,000 kg CO2e, and Scope 3 emissions totalling approximately 5.6 million kg CO2e. The primary contributors to Scope 3 emissions in 2025 were purchased goods and services, accounting for about 4.6 million kg CO2e, and upstream transportation and distribution at approximately 433,000 kg CO2e.

In the preceding year, 2024, Funding Circle reported total emissions of approximately 7.1 million kg CO2e. This figure comprised Scope 2 emissions of approximately 51,000 kg CO2e and Scope 3 emissions of approximately 7.1 million kg CO2e, with purchased goods and services being the largest component of Scope 3 at approximately 5.7 million kg CO2e.

For the 2023 reporting year, the company's total emissions were approximately 10.9 million kg CO2e. This encompassed Scope 1 emissions of about 108,000 kg CO2e, Scope 2 emissions (market-based) of approximately 298,000 kg CO2e, and Scope 3 emissions of around 10.7 million kg CO2e. Purchased goods and services were again the dominant contributor to Scope 3 emissions, at approximately 9.2 million kg CO2e.

Funding Circle's climate commitments are detailed in their sustainability reporting. While specific quantitative reduction targets such as Science Based Targets (SBTi) are not explicitly detailed in the provided information, the company discloses its emissions data annually, which is a key step in managing and reducing its environmental impact. The financial intermediation sector generally focuses on reducing Scope 3 emissions, which often represent the largest portion of their carbon footprint, through engagement with suppliers and portfolio companies, and promoting sustainable finance practices.