Company: BCS
Filing Date: 2025-02-13
Form Type: 20-F
Source: 0000312069-25-000114
Chunk: 157

Company: BARCLAYS PLC
Filing Date: 2025-02-13
Form: 20-F
Chunk 157
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 of an evolving legal and regulatory environment with respect to climate and sustainability, the Board received a briefing on the external reporting landscape in this area. The briefing provided a deep dive on the more prominent legal and regulatory disclosure requirements, including those introduced by the International Sustainability Standards Board (IFRS S1 and S2) and the European Corporate Sustainability Reporting Directive, and Barclays&#8217; approach to these new requirements. Human rights briefing Recognising the importance of external perspectives and the current landscape, members of the Board Sustainability Committee received an external briefing on business, human rights and the financial sector. With an increasing reputational, regulatory and legal focus arising from human rights, the briefing covered matters including the UN Guiding Principles on Business and Human Rights and the scope of business responsibility to respect human rights. This session provided valuable insights on the external human rights landscape and supported the Committee&#8217;s understanding of relevant frameworks and responsibilities. New Director induction A tailored induction programme is created for all new Directors appointed to the Board. Following Brian Shea&#8217;s appointment in July 2024, he participated in a detailed induction programme which included sessions covering the Group&#8217;s strategy and culture, stakeholder landscape and relationships, and Board and Board Committee structure. This also involved meetings with other Board members, the chairs of significant subsidiaries in the Group, and various senior executives from across the business and key Group functions. Alongside Group sessions, a comprehensive induction programme covering BX was also prepared for Brian Shea. Strategy Shareholder information Climate and sustainability report Risk review Financial review Financial statements Barclays PLC 2024 Annual Report on Form 20-F 81Governance Directors&#8217; report: Board Nominations Committee report (continued) Brian Shea's biography can be found on page 64.

Succession The Committee oversees succession planning to ensure that Barclays continues to strike the right balance of skills, experience, diversity of thought and effectiveness on the Board, Board Committees and ExCo, as well as accounting for current and anticipated future business needs. The Committee&#8217;s work in this area includes both medium-term planning (orderly refreshing of the Board, Board Committees and ExCo) and long-term planning (looking ahead to the skills that may be required on the Board and the ExCo in the future). Committee consideration of succession A key part of the Committee&#8217;s work is the consideration of succession planning for the Board, Board Committees and ExCo. Following the announcement of the Group&#8217;s three year strategy in February 2024, and consequ