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.
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.
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.
Newday's score of 41 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Newday reported total carbon emissions of approximately 7,000,000 kg CO2e, with significant contributions from Scope 3 emissions, particularly from the processing of sold products at about 6,521,000 kg CO2e. Scope 1 emissions were recorded at 101,800 kg CO2e, while Scope 2 emissions totalled approximately 247,300 kg CO2e. Newday has set an ambitious Net Zero target for 2040, having achieved carbon neutrality in its own operations in 2022. This milestone marks a crucial step in their long-term climate strategy, which encompasses both Scope 1 and Scope 2 emissions. The company has established a comprehensive greenhouse gas inventory and has begun to baseline its Scope 3 emissions across its supply chain. In summary, Newday is committed to reducing its carbon footprint significantly by 2040, with a focus on achieving Net Zero across all scopes of emissions.
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 | 13,231,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
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.
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.