Newday Sustainability Profile
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 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Newday's reported carbon emissions
In 2023, Newday reported total carbon emissions of approximately 101,800 kg CO2e for Scope 1, 247,300 kg CO2e for Scope 2 (location-based), and 308,100 kg CO2e for Scope 3 emissions. Notably, the Scope 3 emissions included significant contributions from employee commuting (about 238,900 kg CO2e) and processing of sold products (approximately 6,521,000 kg CO2e). In 2022, Newday achieved carbon neutrality for its own operations, marking a significant milestone in its commitment to reach Net Zero by 2040. This target encompasses both Scope 1 and Scope 2 emissions, as outlined in their sustainability reports. The company has established a comprehensive greenhouse gas inventory and has set reduction initiatives across its supply chain. Newday's emissions data is cascaded from its parent company, NewDay Ltd., reflecting a corporate family relationship. The company is actively working towards its long-term climate goals, with a clear focus on reducing its carbon footprint across all scopes of emissions.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 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 | 152,100 | 00,000 | 00,000 | 000,000 | 000,000 |
How Carbon Intensive is Newday's Industry?
How Carbon Intensive is Newday's Location?
Newday's Scope 3 Categories Breakdown
Newday's Scope 3 emissions, which increased by 126% last year and increased by approximately 103% since 2019, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 47% of total emissions under the GHG Protocol, with "Processing of Sold Products" being the largest emissions source at 2117% of Scope 3 emissions.
Top Scope 3 Categories
Newday's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Newday has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
