Company: BCS
Filing Date: 2025-02-13
Form Type: 20-F
Source: 0000312069-25-000114
Chunk: 319

Company: BARCLAYS PLC
Filing Date: 2025-02-13
Form: 20-F
Chunk 319
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 and Transition Finance Group Head of Finance - Sustainability and ESG Notes: 1 The committees, forums and governance bodies described here are non-exhaustive and their construct and Terms of Reference may vary on a legal entity basis or across the Group. 2 The presentation of Group Committees and senior management is not directly illustrative of the committees / forums they report into. Climate and sustainability governance changes during 2024 In September 2024, the Group Head of Sustainable and Transition Finance role was created, bringing together the Group Sustainability and Sustainable Finance teams under one leadership. This new role has oversight of the Group&#8217;s policies and standards, and the Group&#8217;s sustainable finance strategy. The Group Sustainability team leadership and the BUK Head of Sustainable Finance report into this new role. In October 2024, the Group Sustainability Committee (GSC) Terms of Reference (ToR) were updated to delegate full authority to the Chair of the GSC to recommend and approve sustainability matters on behalf of the Group Executive Committee. During the year, the Financed Emissions Programme closed following completion of all programme milestones. We have established the Sustainability Change Portfolio Governance Board to govern the execution of Group Sustainability Change programmes, in line with Barclays Change Delivery Management Standards. Strategy Shareholder information Climate and sustainability report Risk review Financial review Financial statements Barclays PLC 2024 Annual Report on Form 20-F 167Governance ESG Governance Board Sustainability Committee Board Risk Committee Board Audit Committee Board Remuneration Committee Operational Sustainability Steering Committee BBplc Business-Level Committees for transaction reviews Principal Investments Equity Committee Sustainability Change Portfolio Governance Board Group Sustainability Committee Disclosure Committee Group Reputation Risk Committee Climate Risk Committee G ro up C om m it te es B oa rd S en io r m an ag em en t B us in es s / Le ga l En ti ty / F un ct io n

Board and Board Committee oversight of climate and sustainability-related risks and opportunities Barclays PLC Board The Board and, as appropriate, its Committees are responsible for the oversight of climate and sustainability matters, including climate-related risks and opportunities. During 2024, the Board received five reports from the Board Sustainability Committee. These covered matters such as updates on the Group's climate and sustainability strategy, including in relation to our sustainable finance strategy, energy strategy and the development of a Transition Plan, as well as stakeholder engagement. Please see the Key Board activities section from page 72 for further detail about what the Board considered in relation to climate and sustainability matters in 2024. Outside of formal Board briefings