Barclays PLC

Common Name
Barclays
Country
United Kingdom
Sector
Financial Services
Industry
Banks - Diversified
Employees
93,000
Ticker
BARC
Exchange
LONDON STOCK EXCHANGE
Description
Barclays PLC is a British multinational investment bank and financial services company, headquartered in London, United Kingdom. It operates through two primary business divisions: Barclays UK and Bar...

Barclays's Climate Target Data Preview

As of 2024, Barclays has disclosed 15 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 7 absolute reduction targets and 8 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Barclays ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Upstream Transportation and Distribution (Cat. 4)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Upstream Transportation and Distribution (Cat. 4)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2050
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
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2025
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Cement from Unspecified Activities
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Steel from Unspecified Activities
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Kilometer (km)
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Revenue Tonne Kilometer (RTM)
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Barclays's Greenhouse Gas Emissions Pathways

As of 2024, Barclays has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does Barclays have a target to reduce the emissions from its operations?

As of 2024, Barclays has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Barclays's most ambitious operational target is to reduce these emissions by 90% by 2025, compared to a baseline of 234,700 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018.

Barclays has already surpassed its operational emissions reduction target, with 2024 levels falling below the 2025 value, achieving its climate goal ahead of schedule.

Barclays's Operational (Scope 1+2) Emissions Pathway

201820242025060 k120 k180 k240 kBaselineCurrent (-95%)

Does Barclays have a target to reduce the emissions from its value chain?

As of 2024, Barclays has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 3 out of the 15 Scope 3 categories defined by the GHG Protocol.

Barclays's most ambitious value chain target is to reduce these emissions by 90% by 2050, compared to a baseline of 914,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018.

As of 2024, Barclays is ahead of schedule on its value chain emissions reduction target, having achieved 40% of the planned reduction.

Barclays's Value Chain (Scope 3) Emissions Pathway

20182024203020500250 k500 k750 k1 MBaselineCurrent (-36%)Target 2030 (-50%)Target 2050 (-90%)
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