Company: BCS
Filing Date: 2025-02-13
Form Type: 20-F
Source: 0000312069-25-000114
Chunk: 281

Company: BARCLAYS PLC
Filing Date: 2025-02-13
Form: 20-F
Chunk 281
---
 a mandate to invest up to &pound;500m of the Bank&#8217;s own capital in climate tech start-ups by the end of 2027. To date, &pound;203m investments have been made, including &pound;65m deployed in 2024. &#8226; Barclays UK has lent &pound;1.1bn through our Green Home Mortgage product to support customers to purchase energy efficient new-build homes (&pound;4.7bn since 2018). &#8226; The UK Corporate Bank has developed a partnership with the National Wealth Fund to provide up to &pound;500m of sustainable lending to social housing clients. &#8226; The Investment Bank helped National Grid raise a &pound;7bn equity rights issue, which will help upgrade grid infrastructure in the UK and US. Objective Outcomes Notes: 1 Please refer to the "Non-IFRS performance measures" section of this Annual Report on Form 20-F for further information on and a reconciliation of the non-IFRS measure &#8220;return on tangible equity&#8221; against the most directly comparable IFRS measure. 2 Management does not assess forward-looking &#8220;return on equity&#8221; (target RoE) as a performance indicator of the business, and therefore reconciliation of the forward-looking non-IFRS measure &#8220;return on tangible equity&#8221; (target RoTE) to an equivalent IFRS measure is not available without unreasonable efforts. 3 Please refer to the "Non-IFRS performance measures" section of this Annual Report on Form 20-F for further information on and a reconciliation of the non-IFRS measure &#8220;Group NII excluding IB and Head Office&#8221; against the most directly comparable IFRS measure. 4 Based on Barclays analysis using internal and external sources. 5 &pound;13bn represents RWAs from business growth but excludes the effects of securitisations, model updates and other methodological changes. Total RWA increase to the three UK businesses is &pound;15bn. Strategy Shareholder information Climate and sustainability report Risk review Financial review Financial statements Barclays PLC 2024 Annual Report on Form 20-F 146Governance Remuneration report (continued)

In addition to the shared personal objectives described above, the table below summarises performance against the personal objectives for C.S. Venkatakrishnan. Personal objectives for C