Company: BCS
Filing Date: 2025-02-13
Form Type: 20-F
Source: 0000312069-25-000114
Chunk: 330

Company: BARCLAYS PLC
Filing Date: 2025-02-13
Form: 20-F
Chunk 330
---
 readily addressed through mitigation measures. Category C: Projects with minimal or no social or environmental impacts. Country Designation is based on the World Bank's income criteria. Projects in designated countries (High Income OECD members) are assessed only according to local laws. Projects in 'non-designated' countries are assessed according to local laws and the IFC's standards. Strategy Shareholder information Climate and sustainability report Risk review Financial review Financial statements Barclays PLC 2024 Annual Report on Form 20-F 173Governance ESG Governance (continued) 14 1 6 2 8 16 1 1

Human rights Barclays is continuing to develop and enhance our approach to respecting human rights. The Barclays Group Statement on Human Rights, updated in 2024, reiterates our commitment to respecting human rights as defined in the International Bill of Human Rights and the International Labour Organization&#8217;s (ILO) Declaration on Fundamental Principles and Rights at Work. Our approach is guided by the UN Guiding Principles on Business and Human Rights (UNGPs) and the OECD Guidelines for Multinational Enterprises on Responsible Business Conduct. Over 2024, Barclays has undertaken steps to establish a formal programme of work focused on continuing to enhance and embed the Group's approach to respecting human rights across our business. The Human Rights Programme provides a governance structure and platform for business and functions to collaborate and make progress in key areas including human rights risk identification, further embedding and enhancing controls, and capability-building to upskill and strengthen colleagues' understanding of human rights risk and responsibilities. For further information of our management of environmental and social impacts in our lending please see page 172. Following work undertaken in 2023 to identify the most salient human rights risks associated with the then Corporate and Investment Bank, Barclays developed its Focus Areas for Progress, setting out the actions we intend to undertake over time to enhance our approach to the management of our salient issues. Below we provide an update of our progress in these areas during 2024: Focus Areas for Progress Corporate Culture Saliency Assessments Policies and EDD Just Transition Remedy Strengthen a culture of respect for human rights &#8226; Build capacity to support colleagues&#8217; understanding of human rights risks and responsibilities Identify salient issues beyond corporate and investment bank financing portfolios &#8226; Extend saliency assessment to other areas of the bank, looking to engage with internal and external stakeholders Enhance sustainability policies and EDD to reflect salient issues for corporate and investment bank financing portfolios &#8226;