Barclays PLC 2024 AR2
The report highlights Barclays' progress in its first year of a three-year plan to build a simpler, better, and more balanced bank, achieving all of its 2024 financial targets, including a statutory Return on Tangible Equity (RoTE) of 10.5% and profit before tax of £8.1bn. The company facilitated $94.4bn of Sustainable and Transition Financing in 2024, bringing the cumulative total to $162.2bn toward its $1trn target by 2030. Additionally, Barclays reduced its absolute Scope 1 and 2 market-based emissions by 95% against a 2018 baseline, continuing to source 100% renewable electricity for its global real estate portfolio. The bank also completed the acquisition of Tesco Bank's retail banking business, adding £8bn of assets, and announced a one-off share grant for over 90,000 employees.
Company: Barclays PLC
Sector: Financials
Country: United Kingdom
Year: 2024
Type: AR2
Pages: 536
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Barclays PLC
Annual Report
The report highlights Barclays' progress in its first year of a three-year plan to build a simpler, better, and more balanced bank, achieving all of its 2024 financial targets, including a statutory Return on Tangible Equity (RoTE) of 10.5% and profit before tax of £8.1bn. The company facilitated $94.4bn of Sustainable and Transition Financing in 2024, bringing the cumulative total to $162.2bn toward its $1trn target by 2030. Additionally, Barclays reduced its absolute Scope 1 and 2 market-based emissions by 95% against a 2018 baseline, continuing to source 100% renewable electricity for its global real estate portfolio. The bank also completed the acquisition of Tesco Bank's retail banking business, adding £8bn of assets, and announced a one-off share grant for over 90,000 employees.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Published
Feb 12, 2025
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Women on Board
Women in Management
Net Zero Target
Employees