Newday

Newday, a financial intermediation services company based in Great Britain, has outlined a strong commitment to climate action, aiming for Net Zero by 2040.

For the reporting year 2024, Newday reported total emissions of approximately 318,000 kg CO2e. This breaks down into Scope 1 emissions of about 95,300 kg CO2e and Scope 2 emissions of roughly 282,300 kg CO2e (market-based). Scope 3 emissions for business travel were approximately 222,700 kg CO2e.

In 2023, the company's total emissions were approximately 611,600 kg CO2e, with Scope 1 emissions at about 101,800 kg CO2e and Scope 2 emissions at approximately 242,200 kg CO2e (location-based). Business travel (Scope 3) accounted for about 267,800 kg CO2e.

Newday achieved carbon-neutral operations in 2022, a significant milestone on its path to Net Zero. In that year, Scope 1 emissions were approximately 90,000 kg CO2e, Scope 2 emissions were about 259,000 kg CO2e (location-based), and Scope 3 business travel emissions were approximately 104,600 kg CO2e.

The company's climate commitments are cascaded from its ultimate parent organisation, Newday Ltd., with Newday operating as a current subsidiary. While specific SBTi targets are not detailed, the overarching goal of achieving Net Zero by 2040 underscores Newday's dedication to reducing its environmental impact across all scopes. The company is also working to improve its reporting, with a noted missing data point for Scope 3 purchased goods and services.