Newday
Newday Ltd, commonly referred to as Newday, is a prominent financial services provider headquartered in London, UK. Established in 2014, the company has rapidly evolved within the consumer credit industry, focusing on innovative credit solutions and payment services. Newday operates primarily in the UK, offering a range of products including credit cards, retail finance, and personal loans. What sets Newday apart is its commitment to delivering flexible and customer-centric financial products, designed to meet the diverse needs of consumers. The company has achieved significant milestones, including partnerships with major retailers, enhancing its market position as a leader in the retail finance sector. With a strong emphasis on technology and customer experience, Newday continues to redefine the landscape of consumer credit 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 38 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Newday's reported carbon emissions
In 2023, Newday reported carbon emissions of approximately 6,521 tonnes CO2e across all scopes. This includes about 500 tonnes CO2e from Scope 1, 500 tonnes CO2e from Scope 2, and around 6,520 tonnes CO2e from Scope 3 emissions, which primarily stem from the processing of sold products and employee commuting. Over the years, Newday has demonstrated a significant reduction in emissions. For instance, in 2022, the total emissions were about 7,812 tonnes CO2e, indicating a decrease in emissions from the previous year. The company has made strides in reducing its Scope 1 and Scope 2 emissions, which were 300 tonnes CO2e each in 2022 and 2023, compared to higher figures in earlier years. Despite these reductions, Newday has not publicly committed to specific reduction targets under initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). The absence of formal reduction targets suggests that while Newday is actively monitoring and reporting its emissions, it may not yet have established comprehensive strategies for long-term climate commitments. Overall, Newday's emissions data reflects a positive trend towards reducing its carbon footprint, although further commitments and targets could enhance its climate action strategy.
Unlock detailed emissions data
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Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 71,600 | 00,000 | 000,000 | 000 | 000 |
| Scope 2 | 692,100 | 000,000 | 000,000 | 00,000 | 000 |
| Scope 3 | 13,231,000 | 000 | 000 | 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 committed to any reduction initiatives 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.
