Company: BCS
Filing Date: 2025-02-13
Form Type: 20-F
Source: 0000312069-25-000114
Chunk: 55

Company: BARCLAYS PLC
Filing Date: 2025-02-13
Form: 20-F
Chunk 55
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F (2022). The Global GHG Accounting and Reporting Standard Part A: Financed Emissions. Second Edition. Strategy Shareholder information Climate and sustainability report Governance Risk review Financial review Financial statements Barclays PLC 2024 Annual Report on Form 20-F 23 Barclays&#8217; climate strategy (continued) &#8226; Joined Paris Pledge for Action in 2015 &#8226; Signed statement of support of the FSB&#8217;s1 TCFD2 in 2017 &#8226; Joined PACTA5 pilot &#8226; Published Climate Change Statement3 setting out restrictions for sensitive sectors &#8226; Founding member of the NZBA9 &#8226; Exceeded target to facilitate &pound;150bn of social, environmental and sustainability-linked financing by 2025 &#8226; Exceeded 2025 operational emissions and energy targets4 &#8226; Announced 2030 Autos financed emissions target, convergence point for UK Housing7 and ambition for 50% of mortgages to have EPC C or better by 20306 &#8226; Expanded our net zero operations approach and announced new operational milestones4 &#8226; Exceeded target to facilitate &pound;100bn of green financing by 2030 &#8226; Financing restrictions came into effect for certain thermal coal mining, coal power and oil sands clients3 &#8226; Tightened financing restrictions for coal-fired power generation clients3 came into effect &#8226; Transition plan expectations for Energy Groups in effect3 &#8226; Financing to thermal coal mining or coal-fired power generation clients in the EU and OECD will be phased out3 &#8226; Financing to clients with >10% revenue from thermal coal mining or coal-fired power generation in the RoW will be restricted3 &#8226; NZ ambition &#8226; Announced 2025 &pound;150bn social and environmental financing target and 2030 &pound;100bn green financing target &#8226; One of the first UK banks to launch a 'Green Home Mortgage' &#8226; Announced targets to reduce operational emissions by 80% and procure 90% renewable energy by 20254 &#8226; Announced ambition to be a net zero bank by 2050 &#8226; Launched BlueTrack&#8482; with 2025 Upstream Energy and Power financed emissions targets6 &#8226; Launched &pound;175m Barclays' Climate Ventures8 initiative &#8226;