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 41 is higher than 64% 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 2023, Newday reported total carbon emissions of approximately 7,000,000 kg CO2e, with significant contributions from Scope 3 emissions, particularly from the processing of sold products (about 6,521,000 kg CO2e) and employee commuting (approximately 239,000 kg CO2e). Scope 1 emissions were recorded at about 102,000 kg CO2e, while Scope 2 emissions totalled approximately 247,000 kg CO2e (location-based). Newday has set an ambitious Net Zero target for 2040, which encompasses both Scope 1 and Scope 2 emissions. In 2022, the company achieved carbon neutrality for its own operations, marking a significant milestone in its sustainability journey. This achievement is part of a broader commitment to reduce emissions across its supply chain, having completed a comprehensive Greenhouse Gas inventory. The emissions data for Newday is cascaded from its parent company, NewDay Ltd., reflecting a corporate family relationship. The company is actively working towards its long-term climate commitments, with a focus on reducing its carbon footprint and enhancing sustainability practices across all operational scopes.
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| 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 | 13,231,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
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.
