Implementation

of ESG practices
In Barclays

Submitted By: - Mukul Kumar

Sharma
Submitted To: - Prof. Maneesh Ketkar
Roll No. : - PGDMBM5CM/2125
 Who We Are
Barclays is a British universal bank. We support consumers and small businesses through
our retail banking services, and larger businesses and institutions through our corporate and
investment banking services.

ESG Strategy Used By Barclays

Barclays uses the BlueTrackTM methodology to measure and monitor our funded
emissions in relation to the targets of the Paris Agreement on a portfolio level.
 • Scope 1 and 2 emissions: -82%1 reduction against 2018 baseline
• Green financing: facilitated £11bn2 in H122 (2018-H122: £74bn2)
• Sustainable Impact Capital Programme: £27m of own capital invested in H122
(2020-H122: £81m)
• Updated our approach and targets as part of our climate strategy. More detail
on slides 4-7

• Targets set for two sectors

(Energy & Power)

• Introduced ‘Equity’ into our Diversity, Equity and Inclusion (DEI) strategy and • Key Metric: -
set out five DEI priorities • Elevated risk sectors
• Met LifeSkills programme commitment to upskill 10m people from 2018 to
2022
• Carbon related assets
• Targeted £1,200 pay rise for 35,000 colleagues in the UK most affected by • Capital markets financing
the cost of living.

• Held Say on Climate advisory vote at 2022 AGM; shareholders approved “Barclays’
Climate Strategy, Targets and Progress 2022”
• Aligned 2022 annual bonuses of our Executive Directors with our climate and sustainability
commitments.
 Climate Ambition Climate Ambition (Purpose
Purpose led: -
• To deploy finance responsibly to support people & businesses,

& Strategy
led v/s Goal driven) acting with empathy & integrity, championing innovation &
sustainability, for the common good & the long term."

Net Zero Goal (Financed

Net zero by 2050.
Emissions) • No stated commitment for 2030.

Although the proportion of the

remaining emissions offsets used
by Barclays was far lower, it Net Zero Goal (Own
nonetheless used offsets to Operations) • Already achieved net zero in 2020.

accomplish the same goal.

Sustainability Financing • Target: £100bn by 2030 £18bn in 2020, Total £15bn till 2019.

Alignment with Paris Agreement - Road to Net Zero
Only Barclays has created and
disseminated its own mechanism
for tracking progress and
establishing goals, BlueTrack.

Current Footprint Future Target

Only bank to publish its be spoke methodology It To measure Paris Aligned targets, BlueTrack
draws from PCAF and PACTA builds on 2DII PACTA methodology
Covers scope 1,2,3 for Energy (Fossil Fuels), and
scope 1 for Power sector.
 Governance & Risk Management

Principal vs Cross- Risk Appetite

Risk Appetite Measures Sector-
cutting Risk Statement based risk approach

Dual approach: Principal Elevated Risk Sectors

Climate RAS will be set in
risk + cross-cutting (already identified based on physical
2021 after considering the
embedded across 28 No RAMS disclosed yet. & transition risks
climate stress test (BES)
principal risk policies & Established Sector
outcome.
standards) Position Statements

Risk appetite statement

(RAMS)
Thank You