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 30 is higher than 50% 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 reported total carbon emissions of approximately 10,432,000 kg CO2e, with significant contributions from Scope 3 emissions, particularly from the processing of sold products (10,432,000 kg CO2e) and employee commuting (98,000 kg CO2e). The company also disclosed Scope 1 emissions of about 92,800 kg CO2e and Scope 2 emissions of approximately 29,700 kg CO2e (market-based). Newday has set ambitious climate commitments, aiming for Net Zero by 2040. In 2022, they achieved carbon neutrality for their own operations, marking a crucial milestone in their sustainability journey. This commitment encompasses both Scope 1 and Scope 2 emissions, as outlined in their sustainability reports. The emissions data for 2021 indicates that Newday's Scope 1 emissions were about 148,900 kg CO2e, with Scope 2 emissions at approximately 376,200 kg CO2e (location-based), and Scope 3 emissions at around 67,500 kg CO2e. The company has inherited emissions data from its parent organization, NewDay Ltd., which is reflected in their overall sustainability strategy. Newday's long-term climate strategy includes a comprehensive approach to reducing emissions across their supply chain, with a focus on achieving significant reductions in both Scope 1 and Scope 2 emissions by 2040.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 71,600 | 00,000 | 000,000 | 00,000 |
| Scope 2 | 692,100 | 000,000 | 000,000 | 00,000 |
| Scope 3 | 13,327,100 | 00,000,000 | 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.
