Barclays PLC
Barclays's GHG Emissions Data Preview
In 2024, Barclays completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).
Barclays has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions 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 Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Barclays amounted to 93,788 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Barclays decreased by 7.9%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
Barclays's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Barclays's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Barclays were 8,949 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Barclays reduced its Scope 1 emissions over time?
Since 2018, Barclays's Scope 1 emissions have decreased by 69.17%, reflecting a declining long-term trend in Scope 1 emissions over time.
Compared to the previous year (2023), Barclays's Scope 1 emissions decreased by 41.46%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
What are Barclays's Scope 2 emissions?
In 2024, Barclays reported Scope 2 greenhouse gas (GHG) emissions of 1,795 tCOâ‚‚e using the market-based method, and 84,839 tCOâ‚‚e using the location-based method.
Has Barclays reduced its Scope 2 emissions over time?
Since 2018, Barclays's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 53.42%, reflecting a declining long-term trend in Scope 2 emissions over time.
Compared to the previous year (2023), Barclays's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Barclays 's emissions have plateaued with no significant change in its energy consumption footprint.
What methodology does Barclays use for Scope 2 reporting?
In 2024, Barclays reported its Scope 2 emissions using the market-based method and using the location-based method.
Barclays's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Barclays's Value Chain Emissions
In 2024, Barclays reported 68,532,708 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2024 disclosure of Barclays includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, up from 6 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain
Barclays's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Barclays's Scope 3 emissions?
In 2024, Barclays reported total Scope 3 emissions of 68,532,708 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 0.26% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.74% came from downstream activities like product use, distribution, and end-of-life treatment.
Has Barclays reduced its Scope 3 emissions over time?
Since 2018, Barclays's Scope 3 emissions have increased by 6,562.36%, reflecting a rising long-term trend in Scope 3 emissions over time.
Compared to the previous year (2023), Barclays's Scope 3 emissions remained relatively stable, indicating that Barclays 's emissions have plateaued with no significant change in its value chain footprint.
What categories of Scope 3 emissions does Barclays disclose?
In 2024, Barclays reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Barclays's Scope 3 emissions?
In 2024, the largest contributors to Barclays's Scope 3 emissions were:
- Investments (Cat. 15): 67,770,000 tCOâ‚‚e (99.74%)
- Employee Commuting (Cat. 7): 92,822 tCOâ‚‚e (0.14%)
- Business Travel (Cat. 6): 45,281 tCOâ‚‚e (0.07%)
Barclays's Scope 3 Emissions by Categories
Insights into Barclays's Total Carbon Footprint
In 2024, Barclays reported a total carbon footprint of 68,626,496 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.56% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to Barclays's total carbon footprint was Scope 3 emissions, accounting for 99.86% of the company's total carbon footprint, followed by Scope 2 emissions at 0.12%.