- 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
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Barclays PLC disclosed greenhouse gas emissions of 80 MtCO2e (FY2022, Scope 1 & 2 financed emissions). By scope: Scope 1: 15.3 thousand tonnes CO2e (2023, market-based); Scope 2: 1.6 thousand tonnes CO2e (2023, market-based); Scope 3: 650.2 thousand tonnes CO2e (2023, market-based). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
80 MtCO2e (FY2022, Scope 1 & 2 financed emissions)
2023
Renewable Energy
100% (global real estate portfolio)
of total energy
Energy Use
375.1K MWh (2023)
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 15.3 thousand tonnes CO2e (2023, market-based) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 1.6 thousand tonnes CO2e (2023, market-based) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 650.2 thousand tonnes CO2e (2023, market-based) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 80 MtCO2e (FY2022, Scope 1 & 2 financed emissions) |
| 2020 | 197.5 tCO2e/year (location based) |
| 2019 | 24.3K tCO2e (market based) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported 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.
🎯 Climate & Sustainability Targets
🔜 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