Slide 1: ESG Investor Presentation 2021
ESG Investor Presentation 2021
Slide 2: Contents
Contents Our strategy and ESG progress · · · · · · · · · · · · · · · · · · · · · 3 – 8 Environment · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · ·9 – 16 Social · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · 17 – 24 Social and environmental f
Slide 3: Our strategy and ESG progress
Our strategy and ESG progress
Slide 4: Our Purpose, Values and Mindset underpin our strategy
Our Purpose, Values and Mindset underpin our strategy creating positive along with our Values and Our Purpose… influences our strategy… outcomes for our Mindset… stakeholders Our Values: The reason Barclays exists; Strategic priorities to Customers and the societal need we fulfil Our moral compass;
Slide 5: Our ongoing focus on ESG priorities
Our ongoing focus on ESG priorities 2020 2018 2016 Announced ambition Began working with E to be a net zero bank Signed statement Carbon Disclosure Targeted £100bn of of support of the Project (CDP) to by 2050 green financing by FSB’s Taskforce on E calculate supply Launched Joined Paris E 2030 and
Slide 6: We made significant progress against our ESG strategy in 2021
We made significant progress against our ESG strategy in 2021 • Founding member of the Net-Zero Banking Alliance (NZBA), part of the Glasgow Financial Alliance for Net Zero (GFANZ) • Achieved an -86%Δ reduction in our Scope 1 and 2 emissions, exceeding our target of -80% • Reduced our absolute finan
Slide 7: We measure our progress against key metrics and targets
We measure our progress against key metrics and targets Targets FY21 performance GHG emission Scope 1 and 2 (market based) -80% (2021) -86%Δ Emissions reductions against 2018 baseline -15% / -30% Energy / Power portfolio emission1 reductions (2025) -22% / -8% Social, environmental and sustainability
Slide 8: Our external ESG ratings
Our external ESG ratings Agency Rating type Scale 2019 2020 2021 Year on year (best to worst) MSCI ESG rating AAA – CCC BBB A AA Upgraded by one notch Sustainalytics ESG 31.7 23.9 25.1 -1.2pts 0 – 100 Risk Rating (high risk) (medium risk) (medium risk) (stable at medium risk) S&P Global Corporate 70
Slide 9: Environment
Environment
Slide 10: Our climate strategy
Environment Social Financing Governance Our climate strategy In March 2020, we announced our ambition to be a net zero bank by 2050, becoming one of the first banks to do so. We have a strategy to turn that ambition into action: 1 2 3 Achieving net zero operations Reducing our financed emissions Fin
Slide 11: Progress against targets for our own operations
Environment Social Financing Governance Progress against targets for our own operations GHG emission Scope 1 and 2 (market based) reductions against 2018 baseline -86%Δ against a target of -80% by the end of 2021 Progress against Barclays’ Waste commitment to RE1001 diverted2 94%Δ against a target o
Slide 12: Barclays is working to achieve net zero for its own operations
Environment Social Financing Governance Barclays is working to achieve net zero for its own operations Our operations1 have been carbon neutral2 since 2020. We will continue to invest in sustainable workplaces Progress against Barclays’ GHG emission Scope 1 and 2 (market based) commitment to RE1003
Slide 13: Creating world-class sustainable campuses
Environment Social Financing Governance Creating world-class sustainable campuses Energy intensity reduction On-site renewable Waste Campus1 sustainability against 2019 baseline electricity generation diverted2 Improve measures by 2035 -70% 10% 90% water efficiency Pune • Built to the standard of tw
Slide 14: BlueTrack is how we measure our financed emissions
Environment Social Financing Governance BlueTrackTM is how we measure our financed emissions BlueTrackTM is our methodology for measuring our financed emissions and tracking them at a portfolio level against the goals of the Paris Agreement • Methodology covers not only lending but also capital 1. S
Slide 15: Barclays engages extensively in cross-industry climate initiatives
Environment Social Financing Governance Barclays engages extensively in cross-industry climate initiatives • Founding member of the NZBA, part of the GFANZ • Co-chaired the SMI FSTF Net Zero • Joined PACTA pilot – a leading tool working group which published a Net developed by the 2° Investing Zero
Slide 16: Engaging on the transition towards a nature-positive economy
Environment Social Financing Governance Engaging on the transition towards a nature-positive economy Addressing nature and biodiversity considerations in our financing and operations • Biodiversity risk addressed through our policy statements on Forestry & Agricultural Commodities, World Heritage Si
Slide 17: Social
Social
Slide 18: We are making progress against our D&I ambitions
Environment Social Financing Governance We are making progress against our D&I ambitions Gender Ethnicity 2021 Key highlights Females at Managing Director and Members of the Board from an Director level ethnically diverse background • Achieved our gender target of 28% 2025 ambition: 33%1 Target3: ≥1
Slide 19: We focus on six intersectional diversity and inclusion agendas
Environment Social Financing Governance We focus on six intersectional diversity and inclusion agendas Set Appoint an Operate an Employee Consider Approach priorities Accountable Executive Resource Group (ERG) intersectionality • 11%1 of colleagues told us they consider • Aiming for diverse assessor
Slide 20: Investing in our colleagues, strengthening our business, building our culture
Environment Social Financing Governance Investing in our colleagues, strengthening our business, building our culture Attracting talent and developing an internal pipeline Training and development programmes to develop of future leaders people for the future • Investing in our key sites, including o
Slide 21: ESG in our supply chain
Environment Social Financing Governance ESG in our supply chain As part of our ESG strategy, we are focussed on environmental and social responsibility in our supply chain across three pillars Global spend with small and medium enterprises Prompt payment rate 8% 90% 2020: 8% 2020: 88% Climate Change
Slide 22: Supporting our customers and clients
Environment Social Financing Governance Supporting our customers and clients Retail SMEs 10m UK customers 3,300 businesses registered on the Barclays app supported through educational events in 2021 • Basic current account – access to basic banking services for everyone • Delivered >1,000 events to
Slide 23: Supporting our communities
Environment Social Financing Governance Supporting our communities Building digital skills Skills and employability >23,000 participants 15.3mΔ people supported with their digital journey across our digital upskill reached through Barclays’ LifeSkills since 2013 events in 2021 • LifeSkills • Code Pl
Slide 24: Supporting the early-stage and entrepreneurial ecosystems
Environment Social Financing Governance Supporting the early-stage and entrepreneurial ecosystems Programme Description Scale Mission/Goal • FinTech workspaces in London and New York • To connect technology, talent • Home to >90 FinTechs • Global virtual community providing access to and trends acro
Slide 25: Social and environmental financing
Social and environmental financing
Slide 26: Progress against our social and environmental financing targets
Environment Social Financing Governance Progress against our social and environmental financing targets Social, environmental and sustainability-linked financing (£bn) Green financing1 (£bn) 150 193Δ 62Δ 100 2025 target Achieved to date Achieved to date 2030 target Green bond investment Sustainable
Slide 27: Our sustainable financing commitments
Environment Social Financing Governance Our sustainable financing commitments Social, environmental and sustainability-linked financing facilitated by 2025 Green financing facilitated by 2030 Sustainable £150bn £100bn 1 + 2 + 3 2 + environmental element of 3 financing commitments 150 193Δ 62Δ 100 20
Slide 28: Expanding our sustainable finance activities through specialist teams
Environment Social Financing Governance Expanding our sustainable finance activities through specialist teams Green Home and Buy-to-Let Mortgages Corporate and Investment Bank >£1bn Sustainable Capital Origination, structuring and execution of Green, Social and Sustainability Debt completed1 in Gree
Slide 29: Supporting early-stage companies through our Sustainable Impact Capital Programme
Environment Social Financing Governance Supporting early-stage companies delivering environmental and economic benefits through our Sustainable Impact Capital Programme Accelerate the transition to a net zero future by investing £175m over five years (by 2025) in Mission the equity of innovative and
Slide 30: Managing environmental risks, social risks and exposures
Environment Social Financing Governance Managing environmental risks, social risks and exposures Origination, review and approval Climate-related exposures • Process led by front office business teams, • Reporting climate risk exposures in alignment with TCFD Enhanced Sustainability and ESG team and
Slide 31: Governance
Governance
Slide 32: Strong Board Governance
Environment Social Financing Governance Strong Board Governance Board Governance Framework Board Experience3 Length of tenure (Chairman and Non-Executive Directors) Barclays PLC Board Chair: Nigel Higgins 5 1 3 1 0-3 years 3-6 years 6-9 years 9+ years Board Board Risk Board Board Audit Industry expe
Slide 33: Oversight and management of climate-related issues are embedded within our governance structure
Environment Social Financing Governance Oversight and management of climate-related issues are embedded within our governance structure Barclays PLC Board Responsible for the overall leadership of the Group (with direct oversight of matters relating to reputation, environment and culture) Board Boar
Slide 34: The Barclays Way – our Code of Conduct
Environment Social Financing Governance The Barclays Way – our Code of Conduct The Barclays Way outlines our Purpose, Values and Mindset that govern our way of working Our Purpose Our Values Our Mindset How we behave towards our stakeholders Colleagues Customers/clients Society To promote respect, d
Slide 35: Barclays is committed to having a strong 'speak up' culture
Environment Social Financing Governance Barclays is committed to having a strong ‘speak up’ culture Our Mindset encourages colleagues to challenge actions, decisions or behaviours that they believe to be wrong Board Level “Whistleblowers’ Champions1” are responsible for ensuring and overseeing the i
Slide 36: For Further Information
For Further Information Investor Relations Corporate Communications Chis Manners, Head of Investor Relations Susie Guo, Group Media Relations Director chris.manners@barclays.com susie.guo@barclays.com James Ankers, ESG Investor Relations Director james.ankers@barclays.com Maritz Carvalho, ESG Invest
Slide 37: Important Information
Important Information In preparing this ESG Investor Presentation we have: (i) made a number of key judgements, estimations and assumptions, and the processes and issues involved are complex. This is for example the case in relation to financed emissions, portfolio alignment, classification of envir