Newday Ltd, commonly referred to as Newday, is a prominent financial services provider headquartered in Great Britain. Established in 2014, the company has rapidly evolved within the consumer credit industry, focusing on innovative credit solutions and payment services. With a strong presence across the UK, Newday operates primarily in the areas of credit cards and retail finance, catering to a diverse clientele. Newday's core offerings include flexible credit options and tailored financial products that stand out for their customer-centric approach. The company has achieved significant milestones, including partnerships with leading retailers, enhancing its market position as a trusted provider of credit solutions. With a commitment to responsible lending and financial inclusion, Newday continues to shape the landscape of consumer finance in the UK.
How does Newday'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.
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.
Newday's score of 41 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Newday reported total carbon emissions of approximately 101,800 kg CO2e for Scope 1, 247,300 kg CO2e for Scope 2 (location-based), and 308,100 kg CO2e for Scope 3 emissions. Notably, the Scope 3 emissions included significant contributions from employee commuting (about 238,900 kg CO2e) and processing of sold products (approximately 6,521,000 kg CO2e). In 2022, Newday achieved carbon neutrality for its own operations, marking a significant milestone in its commitment to reach Net Zero by 2040. This target encompasses both Scope 1 and Scope 2 emissions, as outlined in their sustainability reports. The company has established a comprehensive greenhouse gas inventory and has set reduction initiatives across its supply chain. Newday's emissions data is cascaded from its parent company, NewDay Ltd., reflecting a corporate family relationship. The company is actively working towards its long-term climate goals, with a focus on reducing its carbon footprint across all scopes of emissions.
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 71,600 | 00,000 | 000,000 | 00,000 | 000,000 |
| Scope 2 | 692,100 | 000,000 | 000,000 | 00,000 | 000,000 |
| Scope 3 | 152,100 | 00,000 | 00,000 | 000,000 | 000,000 |
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.
Newday is not participating in any 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.
