- Challenging market and wallet environment characterized by inflation, macroeconomic uncertainty, and geopolitical tensions.
- Data quality challenges in calculating financed emissions.
- Increasing rates of fraud and scams.
Barclays PLC
Carbon Emissions & Sustainability Report
CO₂ Emissions
80 MtCO2e (FY2022, Scope 1 & 2 financed emissions)
2023
Renewable Energy
100% (global real estate portfolio)
of total energy
Reduction
99.7%
since 2019
Energy Use
375.1K MWh (2023)
2023
📊 Emissions Breakdown (2023)
Scope 1
Direct emissions
15.3 thousand tonnes CO2e (2023, market-based)
Scope 2
Electricity
1.6 thousand tonnes CO2e (2023, market-based)
Scope 3
Supply chain
650.2 thousand tonnes CO2e (2023, market-based)
📈 Historical Emissions
2023
80 MtCO2e (FY2022, Scope 1 & 2 financed emissions)
2020
197.5 tCO2e/year (location based)
2019
24.3K tCO2e (market based)
✅ Key Environmental Achievements
- Financed $67.8 billion of Sustainable and Transition Financing towards a $1 trillion target by 2030.
- Reduced Scope 1 and 2 market-based GHG emissions by 93% against a 2018 baseline.
- Sourced 100% renewable electricity for its global real estate portfolio.
🎯 Future Goals
🔜 Short-term
- Reduce water consumption by 10% by 2025
- Reduce Scope 1 and 2 GHG emissions by 90% (market-based) by 2025
- 100% renewable electricity sourcing for global real estate portfolio by 2025
📅 Medium-term
- Achieve net zero operations by 2030
- Reduce financed emissions across various sectors by 2030 (targets vary by sector)
- Facilitate $1 trillion of Sustainable and Transition Financing by 2030
🔭 Long-term
- Achieve net zero emissions by 2050
🌱 ESG Focus Areas
Climate ChangeDiversity & InclusionGovernanceCommunity InvestmentSupply Chain Sustainability