Funding Circle

Funding Circle: Carbon Emissions & Climate Commitments

In 2025, Funding Circle, a UK-headquartered financial intermediation services provider, reported total carbon emissions of approximately 5,671,000 kg CO2e. This included 37,000 kg CO2e from Scope 1 emissions, 36,000 kg CO2e from location-based Scope 2 emissions, and 5,634,000 kg CO2e from Scope 3 emissions. Key contributors to Scope 3 emissions were purchased goods and services (4,618,000 kg CO2e) and upstream transportation and distribution (433,000 kg CO2e).

Looking at previous years, Funding Circle's emissions have fluctuated. In 2024, total emissions were approximately 7,147,000 kg CO2e (Scope 2: 51,000 kg CO2e, Scope 3: 7,147,000 kg CO2e). In 2023, total emissions reached approximately 10,949,000 kg CO2e, with Scope 1 at 108,000 kg CO2e, location-based Scope 2 at 265,000 kg CO2e, and Scope 3 at 10,651,000 kg CO2e. A significant portion of 2023's Scope 3 emissions was attributed to investments (2,382,310,000 kg CO2e).

In 2022, total emissions were approximately 885,000 kg CO2e (Scope 1: 77,000 kg CO2e, location-based Scope 2: 313,000 kg CO2e, Scope 3: 569,000 kg CO2e). Prior to this, in 2021, total emissions were approximately 656,000 kg CO2e (Scope 1: 129,000 kg CO2e, location-based Scope 2: 340,000 kg CO2e, Scope 3: 116,000 kg CO2e). In 2020, Funding Circle reported location-based Scope 1 and 2 emissions of approximately 510,000 kg CO2e, and in 2019, Scope 1 and 2 emissions totalled approximately 640,000 kg CO2e.

Funding Circle has disclosed its Scope 1, 2, and 3 emissions for most recent years, demonstrating a commitment to transparency regarding its carbon footprint. The company has not, however, publicly disclosed specific CO2e reduction targets or commitments such as Science Based Targets Initiative (SBTi) approvals or participation in the Climate Pledge. All reported emissions data is directly from Funding Circle Holdings plc.