Barclaycard, a prominent division of Barclays PLC, is headquartered in Great Britain and operates extensively across Europe and the United States. Founded in 1966, Barclaycard was a pioneer in the credit card industry, introducing the UK’s first credit card. The company has since evolved, offering a diverse range of financial services, including credit cards, payment solutions, and digital banking innovations. Barclaycard stands out for its commitment to customer-centric services, featuring unique offerings such as contactless payments and tailored rewards programmes. With a strong market position, it is recognised for its technological advancements and robust security measures, ensuring a seamless payment experience. As a leader in the financial services sector, Barclaycard continues to shape the future of payments while maintaining a focus on customer satisfaction and innovation.
How does Barclaycard'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.
Barclaycard's score of 47 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Barclaycard reported total carbon emissions of approximately 10,700,000 kg CO2e for Scope 1 and 2 combined, with a market-based approach. In 2023, their emissions in Great Britain were about 9,400,000 kg CO2e for Scope 1 and 2, while Scope 3 emissions included significant contributions from business travel (15,300,000 kg CO2e) and upstream leased assets (18,100,000 kg CO2e). Barclaycard has set ambitious climate commitments, aiming for a 90% reduction in Scope 1 and 2 emissions by 2025, using 2018 as a baseline. They achieved a remarkable 93% reduction in Scope 1 and 2 emissions by 2023 compared to this baseline. Furthermore, the company has been carbon neutral since 2020 and is working towards a net zero target by 2050 across all scopes of emissions. Their reduction initiatives include a commitment to reduce Scope 2 emissions by 30% from a 2020 baseline by 2030. Overall, Barclaycard's proactive approach to managing carbon emissions reflects a strong commitment to sustainability and climate responsibility.
Access structured emissions data, company-specific emission factors, and source documents
2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 19,003,000 | - | - | - | - | - | - | - |
Scope 2 | 313,240,000 | - | - | - | - | - | - | - |
Scope 3 | 73,998,000 | - | - | - | - | - | - | - |
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.
Barclaycard is participating in some 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.