Company: BCS
Filing Date: 2025-02-13
Form Type: 20-F
Source: 0000312069-25-000114
Chunk: 66

Company: BARCLAYS PLC
Filing Date: 2025-02-13
Form: 20-F
Chunk 66
---
SPs to seek to increase the volume and quality of our primary data, having by the end of 2024 increased it by 19% from previous year. Enhanced visibility and understanding of our TPSPs' climate- related data will help us to assess our TPSPs&#8217; progress more effectively against our milestones and enhance our TPSPs' engagements. Notes: 1 TPSP means any entity that has entered an arrangement with Barclays in order to provide business functions, activities, goods and/or services to Barclays 2 We define our Scope 3 operational emissions to include supply chain, waste, business travel and leased assets. 3 We aim to develop our approach to counterbalance residual emissions as we near 2050, by evaluating latest technology and market practices on carbon credits. 4 In this Achieving net zero operations section, a reference to a 'milestone' denotes an indicator we are working towards and report against. 5 In this Achieving net zero operations section, a reference to a 'target'&#8221; denotes an indicator linked to our executive remuneration. 6 In this Achieving net zero operations section. a reference to global real estate portfolio includes offices, branches, campuses and data centres within our operational control. 7 In this Achieving net zero operations section, a reference to, right-sizing means, we are exercising opportunities through lease events or by way of negotiation to alter the square footage of an existing occupation to optimise our space and associated resources for our operational requirements in that location. 8 In 2024 we maintained 100% renewable electricity sourcing for our global real estate portfolio through instruments including green tariffs (16%), energy attribute certificates (EACs)(48%), and energy attribute certificates from power purchase agreement (PPA) (36%). Green tariffs are programmes in regulated electricity markets offered by utilities, allowing large commercial and industrial customers to buy bundled renewable electricity from a specific project through a special utility tariff rate. EACs are the official documentation to prove renewable energy procurement. Each EAC represents proof that 1 MWh of renewable energy has been produced and added to the grid. Global EAC standards for renewable claims are primarily Guarantees of Origin in Europe and UK, Renewable Energy Certificates (RECs) in North America and International RECs (I- RECs) in a growing number of countries in Asia, Africa, the Middle East and Latin America. Strategy Shareholder information Climate and sustainability report Governance Risk review Financial review Financial statements Barclays PLC Annual Report 202