Barclays PLC 2020 SR
The report outlines Barclays' commitment to achieving net zero emissions by 2050 and aligning its financing with the Paris Climate Agreement. A key highlight is the introduction of BlueTrack, a methodology for measuring and tracking financed emissions. In 2020, the company facilitated £60.9 billion in social and environmental financing, progressing toward its £150 billion target by 2025. The bank also launched a £100 million COVID-19 Community Aid Package to support vulnerable populations and colleagues during the pandemic. Additionally, Barclays achieved a 71% reduction in Scope 1 and 2 emissions compared to its 2018 baseline and increased its renewable electricity procurement to 74%.
Company: Barclays PLC
Sector: Financials
Country: United Kingdom
Year: 2020
Type: SR
Pages: 116
Barclays PLC
The report outlines Barclays' commitment to achieving net zero emissions by 2050 and aligning its financing with the Paris Climate Agreement. A key highlight is the introduction of BlueTrack, a methodology for measuring and tracking financed emissions. In 2020, the company facilitated £60.9 billion in social and environmental financing, progressing toward its £150 billion target by 2025. The bank also launched a £100 million COVID-19 Community Aid Package to support vulnerable populations and colleagues during the pandemic. Additionally, Barclays achieved a 71% reduction in Scope 1 and 2 emissions compared to its 2018 baseline and increased its renewable electricity procurement to 74%.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
Feb 18, 2021
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Net Zero Target
Employees