Newday
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.
DitchCarbon Score
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.
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
Newday's score of 26 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Newday's reported carbon emissions
In 2022, Newday achieved carbon neutrality for its own operations, marking a significant milestone in its commitment to sustainability. The company has set an ambitious target to reach Net Zero by 2040, encompassing both Scope 1 and Scope 2 emissions. For the year 2021, Newday reported emissions of 148,900 kg CO2e for Scope 1, 376,200 kg CO2e for Scope 2 (location-based), and 67,500 kg CO2e for Scope 3 emissions. This data reflects a comprehensive approach to emissions reporting, as all three scopes were disclosed. In 2020, the emissions were 58,700 kg CO2e for Scope 1, 364,500 kg CO2e for Scope 2, and 90,400 kg CO2e for Scope 3. The company has demonstrated a commitment to reducing its carbon footprint, with a clear pathway outlined in its sustainability reports. Newday's climate commitments are further supported by its long-term strategy, which includes a detailed Greenhouse Gas inventory and a baseline assessment of Scope 3 emissions across its supply chain. The company aims to maintain transparency and accountability in its sustainability efforts, with ongoing progress towards its Net Zero target. As a current subsidiary of NewDay Ltd., Newday's emissions data and climate initiatives are part of a broader corporate responsibility framework, ensuring alignment with industry standards and best practices in climate action.
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| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Scope 1 | 71,600 | 00,000 | 000,000 |
| Scope 2 | 838,400 | 000,000 | 000,000 |
| Scope 3 | 13,327,100 | 00,000,000 | 00,000,000 |
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.
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.
